Electric Vehicles

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Hormuz Closure Extends Well Beyond Oil to Threaten Chinese EVs: Russell

(Reuters) – Buyers of electric vehicles and consumers of a diet cola in India may seem to be two groups with little in common, but they are both at risk from the fallout from the ongoing closure of the Strait of Hormuz. The longer the narrow waterway remains closed to most vessels the more pronounced …

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China’s CATL Debuts EV Battery With Speedy Six-Minute Recharge and a 1,000-km Range

The world’s largest EV-battery manufacturer is looking to stay ahead of BYD and other competitors Contemporary Amperex Technology Co. Ltd., the world’s largest electric vehicle battery manufacturer, unveiled a new fast-charging technology ahead of the Beijing auto show in a bid to stay ahead of BYD Co. Ltd. and other competitors. The Ningde-based company, better …

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Chinese Cars Can’t Cross From Canada to U.S., Trump’s Envoy Says

Despite remarks that Trump wants to repatriate automakers, Hoekstra said Canada was not a top concern for U.S. officials By Thomas Seal The United States won’t allow Chinese electric cars from Canada to enter its market, President Donald Trump’s ambassador in Ottawa said, after a January deal in which Prime Minister Mark Carney lowered tariffs …

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LG to Supply Tesla With US$4.3 Billion of Batteries

LG confirmed the deal after it was mentioned in a U.S. Department of the Interior statement By Hyonhee Shin An LG Energy Solution Co. battery cell for electric vehicle displayed at the InterBattery exhibition in Seoul, South Korea, on March 17, 2022. Photo by SeongJoon Cho/Bloomberg LG Energy Solution Ltd. said it will produce US$4.3 …

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The US Is Embracing Gas-Guzzling Cars, While Everywhere Else Goes Electric

Big trucks and engines are back among US automakers, even as electrics gain ground around the globe. By Keith Naughton and David Welch Detroit under Donald Trump has rediscovered its love of the big, roaring engine. By gutting climate regulations, the president has freed US automakers to sell as many gas-burning trucks and SUVs as …

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US Judge Upholds $243 Million Verdict Against Tesla Over Fatal Autopilot Crash

Summary Judge says evidence at trial supported verdict Autopilot-equipped Model S crashed into victims Tesla not available for comment, expected to appeal Feb 20 (Reuters) – A federal judge rejected Tesla’s  request to overturn a $243 million jury verdict over the 2019 crash of an Autopilot-equipped Model S, which killed a 22-year-old woman and severely injured …

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Canada Embraces Asia to Save Auto Heartland Squeezed by U.S. Tariffs

There’s a growing belief that if U.S. automakers are abandoning Canada, there’s no longer any reason to do them favours By Nojoud Al Mallees As the weeks passed after General Motors Co. shut down the assembly line where he had been working, reality began to set in for Mike Horne. Sitting in a union office …

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China’s Electric Truck Boom Poses New Threat to Demand for LNG

China’s rapid adoption of electric trucks — which overtook gas-powered vehicle sales for the first time last year — is threatening a key source of demand for the country’s suppliers of the fossil fuel. Sales of heavy-duty trucks powered by batteries and other new energy sources hit a record in December, helping lift the full-year …

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How Hybrid Models Are Helping Keep Automakers’ Electrification Plans Afloat

With EV incentives no longer available, hybrid vehicle sales are gaining speed Takeaways by Bloomberg AI Hybrid vehicles are in high demand, with nearly one in six new cars predicted to be a hybrid next year, according to CarGurus Inc. The EV market is slowing in the US, with sales expected to plunge 30% in the …

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