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Abu Dhabi's Cyvn Holdings Takes 7% Stake in Chinese EV Start-up NIO for $739M
A Nio ET5 displayed at Central China International Auto Show in Wuhan. GettyCYVN Holdings, an investment entity backed by Abu Dhabi, has signed an agreement to …
Electric Car
U.S., EU Launch Formal Group to Discuss Conflict Over EV Subsidies
U.S. and European Union officials will formally launch a task force next week to discuss new American laws that Europeans fear will discriminate against foreign…
Electric Car
EU, U.S. Eye Level Playing Field for EU Electric Cars in U.S. Market
European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.…
Electric Car
BYD Is Selling So Many Electric Cars It’s Become One of the Top Three Automakers in China
Chinese electric car maker BYD saw sales more than double in May, solidifying the company’s climb into the ranks of the top three automakers in China.
Electric Car
Kuwait Ports Plans Region's First City for Electric Car Makers
KPA noted that electric car makers do not use local distributors or dealers and sell their vehicles directly to consumers, adding that it was common for ports t…
Electric Vehicle Charging
Elon Musk: Tesla Fast EV Chargers to be Made Accessible to Other Brands Later in 2021
Elon Musk has confirmed that electric car maker Tesla intends to make its fast chargers available to vehicles from other brands, tweeting this will happen later…
Electric Car
Tesla Gains 5% on Launching in India
Tesla stocks rallied higher at the end of Tuesday’s trading session gaining as much as 5% as the stock settled at $849.
Electric Car
Tesla Almost Touched 5 Lakh Vehicle Delivery Goal in 2020
Elon Musk-owned electric car maker Tesla delivered 499,550 vehicles in 2020, slightly missing its most recent guidance of 5,00,000 vehicles.
EV Market
Tesla Now Worth more than Exxon Mobil, Shell and BP Combined
Nothing slows down Tesla on its rise. Last Thursday, the action of the firm reached the symbolic mark of 2,000 dollars
Energy Storage Battery
Tesla's Cheap Home Batteries Set to Upend Utility Business
Prices for home power-storage batteries look likely to fall in Japan as U.S. electric car maker Tesla moves to offer its Powerwall batteries here, with major im…
Electric Car
Tesla Plans to Open China Design Centre And Launch Recruitment Notice
U.S. electric car maker Tesla plans to open a design and research centre in China to make "Chinese-style" vehicles, the company said in a recruitment notice on …
Electric Car
Tesla Model Y Certified Means Possibility of Launch in February
The Tesla Model Y has obtained important certification from the Californian Air Resources Board (CARB), suggesting that a possible launch of the electric car ma…
Electric Car
Tesla to Create China Design And Engineering Center to Design An Original Car
The year 2020 looks extremely promising for electric car maker Tesla, which has again achieved another record quarter for deliveries in late 2019 and is now loo…
Tesla Receives $ 1.29 Billion Loan from Chinese Banks for Shanghai Plant
The electric car maker said it has also signed agreements for an unsecured revolving loan facility of up to 2.25 billion yuan, adding that both the loans will b…