Volkswagen Group Africa, one of South Africa’s biggest auto manufacturers, says it will start manufacturing electric vehicles only in about 10 years’ time, since the African market is not ready for them.
MARINE CORPS BASE CAMP PENDLETON, Calif. – Marine Corps Base Camp Pendleton had extended electric vehicle charger service beyond government owned electric vehicles (EVs) to personally owned EVs. As of April 22, 2024, this new resource is available to EV drivers with base access.
Most qualifying buyers of new electric vehicles choose to get their tax break as an advance payment instead of waiting until tax season.
The EV revolution is a tempting proposition for entrepreneurs. But the business is not for the faint of heart. Successes tend to have a few common traits.
See photos of famous people driving their new Tesla Cybertrucks.
(TestMiles) - In an automotive industry racing towards electrification, Toyota takes a commanding lead with its unveiling of the 2025 Toyota Camry, marking a significant shift in the company’s strategy towards hybrid electric vehicles (HEVs). This next-gen Camry, set to hit dealerships in Spring 2024, not only challenges conventional wisdom but also positions Toyota as []
Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.
While 68 per cent of Canadians were interested in buying an electric
Mounting competition in the stuttering electric vehicle market is taking the juice out of Tesla. The automaker's first-quarter profit plummeted 55% as falling global sales and price cuts sliced into the EV maker's revenue and earnings. The company said Tuesday it made $1.13 billion in profit from January through March, compared with $2.51 billion in the same period a year ago. Revenue was $21.3 billion, down 9% from last year, the company said.Tesla executives blamed the dip partly on EV sales...
Canada is investing more money to help automakers build out EV supply chains, as it looks to compete with incentives offered under the U.S. Inflation Reduction Act.
China's EV industry benefits from billions of dollars in government subsidies.
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall. Ford, like most automakers, has announced plans to shift from traditional gas-powered vehicles to EVs in coming years. But it is the only traditional automaker to break out results of its retail EV sales. And the results it reported Wednesday show another...