American manufacturers like Tesla, Ford, and General Motors have dominated the EV space over the past few years, but there's a strong fear that BYD ’s supposed arrival may alter this. The American EV landscape started as somewhat of a playground for domestic innovation,
EV manufacturers are driving the EV revolution forward, fueled by rising consumer demand, technological progress, and regulatory backing, positioning the sector as a promising investment opportunity.
There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Looking ahead, Hyundai ( OTCPK:HYMTF) stated that it aims to sign binding deals with General Motors (NYSE: GM) involving various areas of cooperation, such as joint parts purchasing and cooperation in commercial and passenger vehicle sectors.
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
Tesla's CEO, who has called for an end to EV subsidies, declined to weigh on Trump's plans to reverse the Biden EV "mandate."
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
Plus, Musk declares the EV range problem "solved" and Tesla tells automakers not to waste its time unless they're serious about FSD.
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If you are keen on buying a Kia Cerato, you’d better get your skates on because the ageing small hatch and sedan range is just weeks from selling out. Kia has just replaced the long-running Cerato with the new K4,