Auto Sector

Tesla may lose its years-long EV sales dominance: says BMW CEO Oliver Zipse

Tesla may lose its years-long EV sales dominance: says BMW CEO Oliver Zipse

American EV pioneer Tesla Motors’ years-long dominance in the field of EV sales will likely soon come to an end as a number of conventional automakers are introducing new battery-powered models, BM

Amazon teams up with Mahindra Electric to strengthen electric mobility in India

Amazon teams up with Mahindra Electric to strengthen electric mobility in India

Pushing ahead with its commitment to strengthen its electric vehicle (EV) fleet across the growing market of India, the local arm of American e-commerce giant Amazon Incorporated has teamed up with

Hyundai reportedly all set to replace batteries of Kona, IONIQ Electric & Elec City Buses following fire incidents

Hyundai reportedly all set to replace batteries of Kona, IONIQ Electric & Elec City Buses following fire incidents

South Korean automotive manufacturer Hyundai Motor Company will recall a large number of its electric vehicles (EVs), including the Kona Electric, the IONIQ Electric and the Elec City Bus, to repla

Ford to invest $1 billion to transform Cologne car manufacturing plant into EV facility

Ford to invest $1 billion to transform Cologne car manufacturing plant into EV facility

American auto giant Ford Motor Company will invest $1 billion to transform and modernize its Cologne car manufacturing facility into an electric vehicle (EV) factory as part of its plans to sell on

Tesla Motors reportedly made more than $900 million on $1.5 billion Bitcoin investment

Tesla Motors reportedly made more than $900 million on $1.5 billion Bitcoin investment

NASDAQ-listed electric vehicle (EV) pioneer Tesla Motors invested a considerable amount in Bitcoin and has pocketed a significant return on its investment on the controversial cryptocurrency, accor

Electric snowmobile maker Taiga Motors goes public via SPAC deal; raises $100 million

Electric snowmobile maker Taiga Motors goes public via SPAC deal; raises $100 million

Taiga Motors, a Canadian EV startup working to bring to market all-electric snowmobiles and jet skies, has raised $100 million in the process to go public through a special purpose acquisition comp

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