Industry

Here are the vehicles you should have purchased in 2018 to minimize losses if sell now

Several sports cars, small SUVs and economy cars hold their value extremely well over five years, with the Porsche 911, Jeep Wrangler and Honda Civic among the best models.

Evgenii Ushakov

Nov. 14, 2023, 10:40 a.m.
UK retailer EG Group acquires Tesla's latest ultra-fast chargers for its UK and European charging network

The chargers will be branded “evpoint”. The hardware will operate on an open network basis, meaning that all drivers will be able to access chargers regardless of the brand of vehicle they drive.

Evgenii Ushakov

Nov. 14, 2023, 10:15 a.m.
Exxon aims to be a leading supplier of lithium for EVs by 2030

Exxon Mobil Corp. is gearing up to become a prominent supplier of lithium for electric vehicles (EVs) by 2030. The company's plans involve initiating lithium production in Arkansas, USA, marking its entry into the production of a crucial component for large-scale batteries.

Evgenii Ushakov

Nov. 13, 2023, 6:16 p.m.
Average EV drives 4,477 miles less than an internal combustion each year, study finds

A recent study conducted in the United States has found that battery-electric vehicles (BEVs) tend to cover fewer miles per year compared to traditional gasoline-powered cars, including hybrids and plug-in hybrids.

Evgenii Ushakov

Nov. 13, 2023, 5:28 p.m.
BMW starts manufacturing MINI cars in Germany

In Leipzig, BMW has started the series production of the new MINI Countryman and its all-electric variant. This is the first time a MINI model has been produced in Germany.

Evgenii Ushakov

Nov. 11, 2023, 11:09 a.m.
EU approves weaker Euro 7 tailpipe rules: Brakes and tires to be toughened instead

The European Parliament voted in favor of a revised version of the Euro 7 emissions standard, which means that tailpipe emissions from cars will be virtually unchanged from the current Euro 6 standard.

Evgenii Ushakov

Nov. 10, 2023, 2:05 p.m.
Volvo to install two 9,000 tons giga press in Slovakia

Following in Telsa's path, Volvo has just signed a contract with Italian giga-press manufacturer IDRA to install two of its largest presses at a new site in Slovakia.

Evgenii Ushakov

Nov. 9, 2023, 3:32 p.m.
Fiat 500 was the bestseller of October 2023 in Germany

This is the second time in the past 13 months that a foreign model has been the best-selling vehicle in Germany, after the Tesla Model Y took the top spot in September 2022.

Evgenii Ushakov

Nov. 9, 2023, 1:23 p.m.
Fire hazard: Madrid bans e-scooters on public transport

After Barcelona imposed a temporary ban on e-scooters on public transport following a fire on a train, Madrid and other Spanish cities are following suit with tighter restrictions.

Evgenii Ushakov

Nov. 9, 2023, 12:12 p.m.
Carlos Ghosn evicted from $19 million Beirut mansion bought by Nissan

A judge in Lebanon has ordered former Renault and Nissan executive Carlos Ghosn to leave the home where he has lived for the past four years after fleeing Japan in a box.

Evgenii Ushakov

Nov. 9, 2023, 11:11 a.m.
Top 10 best-selling plug-in models in the world in September 2023

The Tesla Model Y remained the world's best-selling plug-in vehicle in September with more than 121,000 new registrations.

Evgenii Ushakov

Nov. 8, 2023, 9:11 p.m.
Study predicts keeping AM radio in EVs could cost $3.8 billion

According to a study by the Center for Automotive Research (CAR) in Ann Arbor, Michigan, eliminating AM radio in EVs could cost automakers $3.8 billion over the next seven years.

Evgenii Ushakov

Nov. 8, 2023, 11:11 a.m.
Audi begins production of electric motors for the Premium Platform Electric (PPE)

Audi starts production of electric motors for the PPE in Győr, Hungary. The newly developed electric motors will be used for the first time in the Audi Q6 e-tron series.

Evgenii Ushakov

Nov. 7, 2023, 5:12 p.m.
US '10 to 20 years behind' China in battery commercialization, according to Senate report

Two Democratic U.S. senators urged the Energy Department to take steps to boost U.S. battery manufacturing and research into next-generation batteries, citing China's dominance and export controls, according to a letter seen by Reuters.

Evgenii Ushakov

Nov. 7, 2023, 4:48 p.m.
Mercedes launches its first charging hub in China, while USA and Germany are next on the list

The first Mercedes-Benz charging hub goes into operation in Chengdu, China. It's open to all vehicle brands.

Evgenii Ushakov

Nov. 7, 2023, 1:43 p.m.
Toyota cuts yearly EV sales forecast by 39% to only 123,000 units

Toyota had a successful year so far with increasing sales and profits during the first eight months. However, the company reduced its expectations for battery-electric vehicle sales.

Maksim Tropko

Nov. 7, 2023, 11:46 a.m.
Toyota celebrates production of 300 million cars in 88 years

Toyota Motor Corporation has achieved a cumulative global production of 300 million vehicles. It took 88 years and 2 months to reach this milestone.

Evgenii Ushakov

Nov. 6, 2023, 4:39 p.m.
Next-generation $25,000 Tesla EV reportedly to be produced in Germany

Tesla CEO Elon Musk recently visited the company's Grünheide plant near Berlin. There, the billionaire reportedly said that the factory will be engaged in producing Tesla's next-generation affordable electric car.

Evgenii Ushakov

Nov. 6, 2023, 1:30 p.m.
Elli launches pan-European charging solution for electric fleets

Volkswagen Group brand Elli is launching an intelligent solution across Europe for electric vehicle fleets. With Elli Fleet Charging, companies in Germany, Italy, Spain, and Austria are now able to manage and cost-optimize their fleet charging.

Evgenii Ushakov

Nov. 6, 2023, 11:42 a.m.
Production of the all-new Toyota C-HR starts in Turkey

Toyota Motor Europe (TME) has started production of the all-new Toyota C-HR, including its first European battery assembly, at its plant in Sakarya, Turkey.

Evgenii Ushakov

Nov. 6, 2023, 11:23 a.m.

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