The Latest Breaking News on Ford U.S. EV Sales Decreased 11% In January 2024

"Stellantis' business model is broken, and until they fix it, they'll never hit that $25,000 target," UAW President Shawn Fain said in a statement.

Tesla is cutting the prices of some of its Model Y cars by just over $1900 as it seeks to juice weak sales in China.

BYD, one of the largest plug-in electric vehicle manufacturer, announced that its cumulative production of New Energy Vehicles (NEV) just reached 5 million.

The three main German luxury automakers are taking distinct paths towards electrification.

EV stocks have come off their recent highs amid the recent downturn in wider markets. With the industry facing some serious headwinds in the short to medium term, I believe investors should avoid Nikola and Lucid Motors shares - here's why.

The auto industry is expected to witness solid growth this year, thanks to strong demand for new vehicles, the stabilization of supply chains, a growing shift to EVs, and rapid technology adoption. Hence, quality auto stocks Bridgestone (BRDCY), LKQ Corporation (LKQ), and Modine Manufacturing (MOD) could be ideal buys now.…

This latest development is another piece of the puzzle that indicates Tesla is preparing to enter the Indian market soon.

Some 1.83 million cars changed hands in the UK between April and June, the Society of Motor Manufacturers and Traders said.

Tesla, Inc (TSLA) is well-positioned for significant long-term growth, as seen by its continual operational breakthroughs. However, with the company cutting its EV prices, what should you do with shares of TSLA this week? Let’s find out.