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Electric vehicle manufacturing

Ola Electric shares rise 20% in India IPO, valuing firm at $4.8 billion

by Horatio Thompson
Ola Electric shares rise 20% in India IPO, valuing firm at .8 billion

Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO).  Ashish Vaishnav | Sopa …

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Foreign carmakers in China face ‘increasingly precarious’ situation

by Horatio Thompson
Foreign carmakers in China face ‘increasingly precarious’ situation

Newly produced electric vehicles are being seen at Tesla’s Shanghai Gigafactory in Shanghai, China, on December 31, 2023. Costfoto | Nurphoto | Getty Images BEIJING — New tariffs on Chinese …

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Why Chinese EV tariffs may not work

by Walter Watson
Why Chinese EV tariffs may not work

The Chinese auto sector is increasingly making global automakers and politicians hot under the collar. In the early 1980s, the Chinese auto industry barely existed. Today the country has the …

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EU announces higher tariffs on Chinese EVs as trade tensions sharpen

by Walter Watson
EU announces higher tariffs on Chinese EVs as trade tensions sharpen

Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing …

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Big short trader Danny Moses warns Tesla is vulnerable to 70% drop

by Walter Watson
Big short trader Danny Moses warns Tesla is vulnerable to 70% drop

Tesla shares are still vulnerable to a big decline ahead, according to investor Danny Moses of “The Big Short” fame . Even with the electric-vehicle maker’s stock down 32% so …

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With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers

by Horatio Thompson
With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers

Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi.  Sopa Images | Lightrocket | Getty Images Tesla has …

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Why so many electric vehicle startups fail

by Horatio Thompson
Why so many electric vehicle startups fail

As the electric vehicle industry faces a string of high-profile failures, several startups that have surfaced in recent years have underestimated their capital needs by billions of dollars, industry insiders …

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China commerce minister kickstarts Europe trip with Chinese EV firms meeting

by Ron Morgan
China commerce minister kickstarts Europe trip with Chinese EV firms meeting

China’s commerce minister kicked off a trip to Europe by meeting top Chinese automakers BYD and CATL, as he prepares to discuss an ongoing probe by the bloc into whether …

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How BYD grew from a battery maker to EV juggernaut, overtaking Tesla

by Horatio Thompson
How BYD grew from a battery maker to EV juggernaut, overtaking Tesla

In the U.S., Tesla may be at the forefront of the electric vehicle revolution, but abroad, the carmaker has some serious competition. In China, the world’s largest EV market, Tesla …

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India approves e-vehicle policy with tax relief to rev up manufacturing hub dream; boosts Tesla entry plans

by Horatio Thompson
India approves e-vehicle policy with tax relief to rev up manufacturing hub dream; boosts Tesla entry plans

The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hub. This comes at a …

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