The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.

The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.

Plus Elon Musk’s politics are putting buyers off in Europe and General Motors slashed 1,000 jobs from its autonomous Cruise ...

As Geely is on the cusp of launching its first new-generation product in Australia, it has revealed more plug-in hybrids as ...

We recently published a list of Top 10 AI Stocks Trending On Wall Street. In this article, we are going to take a look at ...

The plunge in Tesla sales comes amid Musk’s increasing involvement in global politics and rising competition from China.

The car industry reported a 3.3 year-on-year decline in January, with industry experts tipping that 2025 will fall short of last year’s record of 1,237,287 new cars. Portside strikes by stevedores ...

Lohscheller took the top job during a tough time for Polestar. The brand, owned by China's Geely Holding Group, has endured ...

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

In the near term, electric vehicle startup Polestar's goal is to go more upmarket: more premium, more performance, more ...

Tesla has implemented a new discount on Model 3 vehicles in China, the world’s biggest EV market, amid a worldwide demand ...