By Nora Eckert DETROIT (Reuters) -Ford plans to start rolling out its new family of affordable electric vehicles in 2027, including a midsize pickup truck with a target starting price of $30,000, the company said on Monday, as it aspires to the cost efficiency of Chinese rivals. The new midsize four-door pickup will be assembled…
Aggressive pricing, shrewd tax engineering and a trusted local partner have propelled China’s BYD to a commanding position in Sri Lanka’s electric vehicle and hybrid market, disrupting a sector long constrained by import restrictions and setting the stage for dramatic expansion. Sri Lanka’s car market, starved of new imports for nearly five years under a…
Chinese President Xi Jinping has publicly questioned the country’s rapid and widespread investment in artificial intelligence (AI), computing power, and new energy vehicles (NEVs). Speaking at a major political meeting in Beijing, Xi voiced concerns that the ongoing tech investment race across China’s provinces could be excessive and potentially unsustainable, especially as the nation grapples…
Chinese President Xi Jinping has bluntly questioned a nationwide rush of investment into the AI and EV industries. As anxiety grows and Trump’s trade war with China ramps up, the world’s second largest economy is turning to fast-growth tech industries to remain competitive. But Xi appears to think that the strategy is flawed. As reported…
The average cost of an electric vehicle (EV) licence in Hong Kong could increase by more than 500 per cent over the next five years, authorities have said, adding that they will raise the tolls at two tunnels by 60 per cent amid a significant budget deficit. The proposed measures announced by the Transport and…
A year since it began marketing EV-specific tyres for electric vans and taxis, British company Enso has launched its first tyres for passenger EVs – specifically, the Tesla Model 3 and Y and Jaguar I-Pace. There are currently more than 1.5 million electric cars on UK roads, and this year car makers expect to sell a…
Over the past few weeks, there’s been some hype around Jeff Bezos-backed Slate Auto and its plan to build a $25,000 electric pickup truck in America. While few details have been released around this vehicle so far, a Reddit user spotted a strange small pickup truck on American soil, and it doesn’t quite look like anything…
Xiaomi has raised its full-year target for electric vehicle (EV) deliveries by 16 per cent on the back of strong demand after reporting solid financial results for last year, underpinning confidence among market bulls who drove its stock to an all-time high this week. The EV maker on Tuesday lifted its target to 350,000 from…
More needs to be done to ramp up EV adoption, according to a new AA study launched today (Monday 10 March). AA research has found 52% of drivers who have said their next car will be an EV are still worried about price and range. There are still some 22% who say they “never want”…
Some job postings advertised on social media by Tesla seem to indicate headway in the Elon Musk-owned company’s plans to start selling its electric vehicles (EVs) in India. The company has listed 13 vacancies for roles ranging from “Inside Sales Advisor” and “Consumer Engagement Manager” to “Service Manager” and “Service Advisor” in Mumbai and Delhi….