China's state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in a statement on Monday. The National Development and Reform Commission (NDRC) expected more than 110 new energy vehicle models among a total of 150 new cars launched this year, intensifying competition. NDRC also estimated the market demand for new energy vehicles, including EVs and plug-in hybrids, to...
Late Saturday, Tesla cut the price of its Full Self-Driving software to $8,000 in the U.S. from $12,000.
Ford EVs are losing money, but hope is on the way with a next generation of vehicles. Mazda shows an appealing electric sedan so far limited to China. Toyota plans a second U.S.-made three-row electric SUV. And Honda is creating another EV hub in Canada. This and more, here at Green Car Reports. More lower-priced Ford EVs are on the way, the automaker said
Eric Zuesse (blogs at https://theduran.com/author/eric-zuesse/) There was much concern, in international circles, about the the U.S. Government’s recent efforts to open a NATO office in Tokyo so as to extend its military alliance against Russia to become also a military alliance against China. When that initiative scared some other NATO members, it was stopped, and […]
China is making too many EV batteries. Rivian is applying real-world letter grades to EV fast-chargers for smoother route planning. And despite depreciation woes, many EVs still pay back big over five years of ownership. This and more, here at Green Car Reports. Rivian has announced that it’s rating EV fast-chargers for real-world
“There isn’t much alternative in China. With exchange controls and capital controls, you can’t just look at other markets to put your money into.”
Olaf Scholz says Chinese president agreed to back June peace talks that Russia is not attending while Xi says efforts for a resolution must involve both sidesGermany’s chancellor, Olaf Scholz, says he has urged Xi Jinping to press Russia to end its “senseless” war in Ukraine and that the Chinese president has agreed to back a peace conference in Switzerland.Scholz said after a meeting with Xi in Beijing on Tuesday that “China’s word carries weight in Russia”. Continue reading
Do EVs need a breakthrough in battery energy density before they make environmental sense? And which luxury EV is bringing back the appearance of an internal combustion grille? Will fake tailpipes come next? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 12, 2024. In a first drive of the
The five biggest stories to hit our headlines over the past seven days Source
CAPITOL HILL, Monrovia – Moving a step closer to bringing overdue justice for the victims of serious abuses committed during the two civil wars, the House of Representatives under the gavel of Speaker J. Fonati Koffa, voted to establish the War and Economic Crimes Court. The two conflicts between 1989 and 2003 saw widespread atrocities []
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
Samsung lands $6.4bn in US Chips and Science Act fundingChina’s telcos are ordered to remove foreign chips EdgeConneX adds $1.9bn to its green funding