To keep pace with the changing market, Norwegian fuel station operators like Circle K are investing in chargers even in non-urban sites like in Minnesund. Photographer: Naina Helén Jåma/Bloomberg Norway is on the cusp of completing a transition away from combustion cars thanks to targeted incentives that made electrics an easy choice. November 28, 2024,…
While Jeff Bezos and Elon Musk don’t need much more cash, the two multibillionaires could hugely benefit off a recent discovery in California. Bezos and Musk have a combined net worth of around $549 billion, so the pair are far struggling to make ends meet. But, after a study revealed astonishing quantities of ‘white gold’…
Ford Motor Company has announced plans to cut 4,000 jobs in Europe and the U.K. by the end of 2027, attributing the decision to sluggish electric vehicle (EV) sales, economic pressures, and Chinese competition in the automotive sector. The automaker said most layoffs would occur across their two German plants. Of the total job cuts,…
A lower battery-electric vehicle market share in 2025 is likely to make it much more difficult for the EU to meet its carbon emission targets as increasing the BEV market share and sales is one of the key ways car makers were planning to meet those goals. ADVERTISEMENT The outlook for the battery-electric vehicle (BEV) in…
©Tesla Electric vehicles are appealing to consumers compared to petrol or diesel cars because of their low environmental impact. But how reliable are they? There are some myths perpetuated in the auto industry that electric vehicles break down more easily than conventional cars, but this is largely untrue. Gas-powered vehicles are estimated to be able…
BRUSSELS (AP) — The European Union is set to impose duties on imports of electric vehicles from China by Thursday after talks between Brussels and Beijing failed to find an amicable solution to their trade dispute. Electric vehicles have become a major flashpoint in a broader trade dispute over the influence of Chinese government subsidies…
Tesla reported a third-quarter margin that surpassed Wall Street expectations. Tesla’s shares experienced a significant surge on Thursday, closing up nearly 22%, marking their biggest single-day gain in over a decade. CEO Elon Musk‘s optimistic forecast of increasing sales reassured investors that the company’s core business of selling electric cars remains a priority. Musk predicted…
Hark, an email arrives from Renault’s UK spin doctor. I’d asked a simple question of Vittorio D’Arienzo, product head of Renault’s AmpR division responsible for the new R5, R4 and Twingo, plus other as yet unnamed small EVs. “Will you make the same mistake again and not make the Twingo in right-hand drive?” You’ll recall…
Just when Honda’s restrained approach to the EV rush of the early 2020s was more or less vindicated, the company showed a wild looking pair of EV concepts at last year’s CES. The company said at the time that the 0 Series cars represented a rebirth, or a fresh start for the company; a Honda 2.0,…
We’re talking about the adoption of electric cars in the four-wheeler passenger vehicle (PV) market. Elon Musk reignited the EV frenzy with Tesla, though even Tesla took more than a decade to make EV production cost-efficient. In India, Tata Motors led the charge with the Tata Nexon EV, launched in January 2020. Since then, Tata…