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Jul 19
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VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
VinFast

VinFast’s Second-Quarter Loss Deepens Amid Aggressive Expansion

Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs linked to its ambitious Asia expansion, although its revenue remained on a rising trend, according to its exchange filing. The company, which started delivering cars in California last year, is facing challenges as it seeks to capitalize on growing demand…

BYD's Big Move: Building EVs in Hungary to Dodge Tariffs and Conquer Europe
Europe

BYD’s Big Move: Building EVs in Hungary to Dodge Tariffs and Conquer Europe

BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China, making local production a smart and necessary play, reports The New York Times. Racing Against…

Tesla Expert Sanjay Lal Joins Volkswagen’s EV Software Drive, Volkswagen Races Ahead in EV Charger Installation
Volkswagen

Volkswagen Pauses ID.4 Production Due to Faulty Door Issue

Volkswagen has encountered a significant hurdle with its all-electric ID.4, as the company recently halted production at its Chattanooga, Tennessee, factory due to a faulty electronic door mechanism. The issue, which has affected numerous VW owners, involves water seeping into the door and shorting out the electronics, causing the door to pop open unexpectedly. This…

BMW

BMW Teams Up with Redwood Materials for EV Battery Recycling

BMW is taking a big step towards a more sustainable future by partnering with Redwood Materials to recycle lithium-ion battery packs from its electrified vehicles. This move is part of BMW’s broader strategy to create a closed-loop supply chain for its EVs, starting with its sixth-generation powertrain that will debut in the Neue Klasse, according…

Tech Giants and Logistics Leaders Team Up to Electrify I-10 Trucking Corridor
Semi

Tech Giants and Logistics Leaders Team Up to Electrify I-10 Trucking Corridor

A powerful coalition, including tech giant Microsoft, beverage giant PepsiCo, and logistics heavyweights Maersk, DB Schenker, and AIT Worldwide, is leading the charge to electrify the Interstate 10 trucking corridor. Their focus? Developing charging infrastructure for longhaul battery-electric trucks between Los Angeles and El Paso, Texas. This route links the nation’s busiest ports to the…

London's Ultra-Low Emissions Zone Gets Kids Walking and Biking to School
Tesla

London’s Ultra-Low Emissions Zone Gets Kids Walking and Biking to School

In a move that’s clearing the air and quieting city streets, London’s ultra-low emissions zone has an unexpected benefit: it’s getting kids to walk and bike to school more. A study by researchers at the University of Cambridge and Queen Mary University found that two out of every five London students switched from passive to…

Dodge Charger Daytona EVs: The Muscle Car Goes Electric
Jeep

Dodge Charger Daytona EVs: The Muscle Car Goes Electric

Dodge has officially opened orders for the 2024 Charger Daytona R/T and Scat Pack, marking the brand’s first venture into fully electric vehicles. Expected to hit the market in the fourth quarter of this year, these two-door muscle cars are reportedly priced at $59,595 for the R/T and $73,190 for the Scat Pack, excluding a…

Hybrid Hype Fading as Full EVs Gear Up for Market Dominance
Tesla

Hybrid Hype Fading as Full EVs Gear Up for Market Dominance

The automotive industry is undergoing a seismic shift towards electrification, with fully electric vehicles (EVs) poised to overtake hybrid models in the long run. According to a recent report from The Economist, the current surge in hybrid car popularity may be short-lived as battery technology advances, costs decrease, and regulatory pressures intensify. The Temporary Rise…

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