The US Department of Energy’s (DOE) Loan Programs Office (LPO) has closed a direct loan of up to $9.63 billion to BlueOval SK, a joint venture between Ford and South Korean battery supplier SK On, for the construction of up to three manufacturing plants to produce batteries for Ford’s future Ford and Read more
From the rise of Elon Musk and China to Japan Inc.’s blunders, 2024 has been a wild year for the auto industry’s ongoing transformation.
BYD will officially launch some of its most popular EVs in another overseas market in just a few weeks. The Chinese EV giant is now looking to break into South Korea, a market dominated by automakers like Hyundai. Can BYD’s low-cost EVs break Hyundai’s grip in the region? more…
These early build cars will also go to sales studios and be used as test drive units.
Nissan is already sweetening the deal on its newest Ariya EV with its latest promotion. The 2025 Nissan Ariya starts at under $40,000, but with incentives, how does it compare to other electric SUVs? Here’s a breakdown. more…
Elon Musk reportedly discussed with South African President Cyril Ramaphosa the potential of Tesla building a battery factory in South Africa. more…
That’s a great deal on paper, but this is still a VinFast we’re talking about here.
The new Dodge Charger Daytona EV may look even better as a convertible. Dodge’s new electric muscle car is already getting its first drop top upgrade. Check out the custom EV muscle car below. more…
Tesla (TSLA) is expected to miss its delivery goal for the quarter and the full year 2024, according to industry analysts. more…
Infantile EV automaker Xiaomi Automotive has capped off 2025 with delivery numbers that cannot be ignored. The company has delivered an impressive 135,000 units of its flagship SU7 EV… after launching it in late March 2024. Looking ahead to 2025, Xiaomi looks to more than double that EV output with Read more