Author: Reuters

The prototype, announced at the CES 2023 technology trade show in Las Vegas, marks Sony's attempt to stake a claim in the fast-growing market for electric vehicles, as it looks to harness its content for entertainment inside the cars, as well as its long-standing strength in sensors. The Afeela, which sported rounded corners and a sleek black roof, will use more than 40 sensors, Yashuhide Mizuno, the chief executive of Sony Honda Mobility, told the trade show. It will also use the "Unreal Engine" 3-D creation tool from Epic Games, the maker of the "Fortnite" series of games.Qualcomm CEO Cristiano Amon, who also appeared at the CES presentation, said the car would use Qualcomm's "Snapdragon" digital chassis.

Nearly 7 in 10 prospective EV buyers in the United States expect to pay less than $50,000 for their next vehicle, according to the survey conducted between September and October 2022. Despite the pricing pinch, the intent to purchase an EV is up 3 percentage points year-over-year in the United States, with an identical increase recorded for hybrid electric vehicles and plug-in hybrid electric vehicles, Deloitte said in its "2023 Global Automotive Consumer Study".

Electric vehicle maker Rivian Automotive just missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday.

South Korea's antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc for failing to tell its customers about the shorter driving range of its electric vehicles (EVs) in low temperatures.

Foxconn’s most important project in 2023 will be to remake itself. The Taiwanese company is best known for churning out Apple iPhones in China and shipping them around the world, but Chairman Liu Young-way is looking elsewhere for the next phase of growth. It’s a well-timed pivot.

Almost four out of five new cars sold in Norway last year were battery-powered, with Tesla the top-selling brand for the second year in a row, registration data showed on Monday.

OSLO (Reuters) -Almost four out of five new cars sold in Norway last year were battery-powered, with Tesla the top-selling brand for the second year in a row, registration data showed on Monday. Seeking to become the first nation to end the sale of petrol and diesel cars by 2025, oil-producing Norway has until now exempted battery-powered fully electric vehicles (BEV) from taxes imposed on rivals using internal combustion engines (ICE). The share of new electric vehicles rose to 79.3% in 2022 from 65% in 2021 and from a mere 2.9% a decade ago, the Norwegian Road Federation (OFV) said.