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The Latest Breaking News on Tsunami Of BEVs Is Already Here: Nearly 40 Models Available

Price war started by Tesla, BYD sends Chinese auto stocks into nosedive in sign of fragile consumer sentiment

Traders have been abandoning Chinese auto stocks as a price war started by Tesla and BYD spread across the whole industry, a sign of weak consumer sentiment amid pessimism about the pace of economic recovery.

Bangkok Post

Global Plug-In Electric Car Sales Increased 10% In January 2023

Some 662,400 new passenger plug-in electric cars were registered around the world in January. That's about 10% more than a year ago.

InsideEVs

Tesla taps Asian firms to improve new battery

It's crunch time at Tesla Inc, where Elon Musk is looking to crack the code for making better, cheaper batteries.

Bangkok Post

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Tesla Reportedly Looking To Asia For 4680 Battery Cell Partners

Tesla's proprietary 4680 battery cells will be widely used in its future EVs. However, the automaker must successfully ramp up production and cut costs first.

InsideEVs

How Can We Make EV Batteries Cheaper & Encourage Domestic Production?

The Biden administration’s “Inflation Reduction Act” not only includes EV tax credits, but also funding for production credits for EV battery manufacturing.

InsideEVs

1 In 4 Truck Buyers Considers Getting A Tesla Cybertruck: Survey

However, more than half of the respondents think Tesla’s pickup isn’t a “real” truck, while some of them believe the Cybertruck will be released in two years.

InsideEVs

Morgan Stanley Says The Tesla Cybertruck Will Be A “Cult Car,” Predicts Low Volume

The comments come despite 1.6 million reported pre-orders for Tesla’s Cybertruck since its reveal in 2019 and a lot of hype online.

InsideEVs

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US electric cars set record with almost 300-mile average range

American drivers like everything supersized: spacious SUVs, hulking pickup trucks, the wide open road. It only makes sense, now that everything is going electric, that they also demand the world’s biggest batteries.

Tribune News Service

Ola S1 Scooter Is Best-Selling Electric Scooter In India For February 2023

Ola Electric is off to a roaring start in 2023, after selling a total of 17,667 S1 scooters in February alone.

RideApart

Elon Musk and Tesla Are Having a Bad Month

After an impressive start to the year, the electric-vehicle manufacturer is having a difficult March.

The Street

Tesla’s Cybertruck could end up just being a ‘sideshow,’ Morgan Stanley warns

Tesla bull Adam Jonas says the pickup may help build the brand, but forecasts annual sales could be closer to 50,000 than the hundreds of thousands widely anticipated.

Fortune

Tesla Bear Charlie Munger Talks Tesla Vs BYD In China

While the Chinese market remains an important one for Tesla bulls, some bears are betting on BYD as the future leader of the country’s auto sector.

InsideEVs

Tesla Price Cuts Trigger Desperate Fight For Survival In China's EV Market

Tesla price cuts have ignited a China EV price war, as market leaders, startups and foreign automakers fight for sales. Here's what's ahead.

Investors Business Daily

Tesla's Impact On Evolution of Intelligent EVs And Their Supply Chains

The concept of vehicles being intelligent devices is relatively new, and it has largely come as a result of Tesla’s contributions to the auto industry.

InsideEVs

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InsideEVs

Tesla Could Reduce EV Costs By About 50% In Next 5 Years: Ark Invest

Tesla has been streamlining operations and reducing costs for years. However, based on details from Investor Day, the cost reductions have only just begun.

The Street

Tesla Rival Hyundai Rolls Out New Electric SUV

The South Korea electric vehicle maker rolls out a second generation version of its all-electric SUV.

InsideEVs

Tesla Giga Mexico Construction May Start This March, New EVs Next Year

Tesla proved it could build a highly successful factory in China in record time. It aims to build Giga Mexico more quickly for EV production in less than a year.

StockNews.com

2 Hot Stocks You Don't Want to Miss

While the Fed’s aggressive policy has impacted demand, the auto industry is expected to witness a recovery this year. Hence, fundamentally strong auto parts stocks General Motors (GM) and Honda Motor (HMC) might be solid buys now. Keep reading.

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InsideEVs

Volkswagen Brand Raises Europe 2030 BEV Sales Target To 80 Percent

Thomas Ulbrich, head of VW's New Mobility business, acknowledged that the new target is "extremely ambitious"; for US and China, the goals remain at 50 percent.

InsideEVs

Elon Musk's New Master Plan: Not About A Tesla EV, About Sustainability

Musk's original goal was for Tesla to accelerate the transition to sustainability. Now that Tesla achieve most of its goals, it's time to get back to its roots.

The Independent UK

Tesla price cuts: Flagging demand or tactic to boost sales?

In explaining why Tesla Inc. keeps cutting prices on its electric vehicles, the auto industry is pretty much divided into two camps

Inverse

How Tesla’s Eye-Popping Discounts Are Igniting an EV Price War

Tesla chopped the price of its most expensive models, the Model S and Model X, in its latest round of price adjustments for U.S. customers.

InsideEVs

Lordstown Making New EV Plans After Selling 3 Electric Trucks In 2022

Lordstown Motors is among a growing list of struggling startup EV makers, and it seems it may need to go in a new direction quickly or it may not make it.

Tribune News Service

Tesla slashes Model S and X prices for the second time this year

Tesla Inc. reduced prices of its more expensive models again, days after Elon Musk said cuts earlier this year had piqued interest in the company’s electric vehicles.

The Street

Elon Musk and Tesla Put Enormous Pressure on Mercedes and BMW

Tesla has slashed prices on the Model S luxury sedan and Model X full-size SUV this year, pressuring other luxury-auto makers.

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