Only two of the world’s 12 top automakers plan to build enough electric vehicles by 2030 to keep pace with the climate goals of the Paris Agreement, experts said on Wednesday. Globally, more than half of all new vehicles coming off production lines in 2029 will need to be electric, according to Influence Map, a […]
Automakers rushing to develop battery-powered, software-powered vehicles to compete with Tesla are facing a new challenge: what technology to build themselves, and what to buy from suppliers. . Becoming more vertically integrated by manufacturing more in-house represents a major shift for most global automakers, who have relied on suppliers to produce critical parts and software […]
Pure electric cars are grabbing all the headlines, but their gasoline-electric hybrid rivals quietly achieved record sales in the United States last year, industry data showed. While the likes of Tesla and Ford Motor pushed for electric vehicle sales, Asian automakers promoted hybrid vehicle line-ups, as many customers still shy away from EVs due to […]
General Motors’ $35 billion (about Rs 2,60,200 crore) electric-vehicle strategy will face its biggest test in 2023, when it will launch an electric version of its Chevrolet Silverado pickup with a six-figure price tag, Motor and Rivian Automotive launched their electric pickups more than a year after it rivaled Ford. GM chief executive Mary Barra […]