Category: Electric

Exclusive-Chinese EV maker BYD to build Vietnam component plant

Chinese electric vehicle (EV) maker BYD Auto Co plans to build a plant in Vietnam to produce car parts, three people with knowledge of the plan told Reuters, in a move that would reduce the company's reliance on China and deepen its supply chain in Southeast Asia as part of a global expansion. The investment in northern Vietnam would exceed $250 million, one of the people said, expanding parent BYD Co's presence in Vietnam, where its electronic unit produces solar panels. The move underscores a wider trend by manufacturers to reduce their exposure to China amid trade tensions with the United States and production disruptions caused by Beijing's previous COVID-19 lockdowns.

Tesla cuts prices on electric vehicles for U.S. market

Tesla cut the prices on its top-selling electric vehicles for the U.S. market on Friday, the automaker's website showed. The price cuts on the Model 3 and Model Y ranged between 6% and 20% on the prices that held before the discount, according to a Reuters calculation.

There Is A Princess With An Electric Carriage In Norway!

My four-year-old daughter loves movies and books about princesses. She likes to dress up like a princess. My daughters also like to ask me hard questions about why we don’t have a king and queen in Zimbabwe and princesses like in the books and movies on TV and why other countries have kings and queens. […]