Ex-Ford CEO warns of ‘real financial trouble’ for EV startups as adoption takes longer than expected
It’s been a bad year so far for startups offering electric vehicles. It could get a lot worse. The problem ...
Sunday, November 24, 2024
Tag: automakers
Tesla rival Rivian’s market value jumps by over $1.7B after it unveils R2 and halts $5B factory—cutting costs ‘massively’ as Elon Musk suggested
Tesla rival Rivian faced a make-or-break moment this week as it unveiled its latest model, the R2 SUV. Judging by ...
Tesla-beating BYD and other Chinese carmakers using Mexico as back door poses ‘extinction-level’ threat to U.S. auto sector, warns trade group
China has become a powerhouse in electric vehicles. Its automaker BYD recently topped Tesla in global EV sales, with Elon ...
Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Elon Musk’s Tesla
One major problem for automakers as they transition to electric vehicles is that traditional cars still generally cost less. That ...
Toyota is crushing it with hybrid vehicles as Tesla’s rough start to year hits net worth of Elon Musk, who dismissed them as a ‘phase’
Elon Musk’s Tesla is off to a difficult start in 2024, and it’s probably no surprise to Akio Toyoda. The ...
Germany set for 14% drop in electric-vehicle sales as carmakers scale back ambitions and demand ‘does not look good’
Standing at the front of the room at an auto industry association’s new year reception in Berlin this week, BMW CEO Oliver Zipse had ...