Amazon, the $2.4 trillion company founded by Jeff Bezos, is entering the online car sales market by launching its “Amazon Autos” platform in some U.S. cities. The service aims to enable customers to find, finance, and purchase new vehicles online from registered dealerships.
General Motors is preparing to sell its stake in the Ultium Cells battery plant, a joint venture with South Korea’s LG Energy Solution, for around $1bn. The plant, first announced in 2020, represents a $2.6 billion investment between GM and LG Energy Solution.
The Brazilian Labor Prosecutor’s Office has launched an investigation into the working conditions of laborers at the BYD factory construction site.
United States reached this week 200,000 public electric vehicle (EV) charging ports across the country, the US Joint Energy and Transportation Office announced.
The U.S. chipmaker Wolfspeed has suspended its plan to build a microchip factory in Germany on slower than expected demand for electric vehicles.
China's tech giant Xiaomi is expected to complete the expansion of its EV manufacturing plant by mid-2025, local media reported on Wednesday.
The Tesla Model Y, the world’s best-selling vehicle and set to receive a refreshed version in early 2025, has dethroned the Nissan Leaf, which had been the top-selling vehicle in the country for approximately 13 years.
Tesla's lead engineer has confirmed that Cybertruck owners will be able to buy extra protective retrofitted accessories options by the end of this year. The company has recently shared its AI roadmap revealing that it expects to launch its Full Self Driving (FSD) software for the Cybertruck later this month.
The electric vehicle industry has been moving rapidly in the world's largest market, China, with local companies releasing revamped versions of their models every year, or even within the same year — like Geely's brand Zeekr.
Following the footsteps of the United States, Canada is preparing to impose tariffs on electric vehicles manufactured in China. Just like the US, Canada will impose a 100% tariff on all China-made EVs, Canada's Prime Minister Justin Trudeau announced on Monday.













