Category: Electric

Porsche sold 309,884 vehicles around the world in 2022, which was up 3% from the prior year despite ongoing supply chain issues that limited production.

Asia equities were largely higher except for Singapore and India’s small pullback in advance of the US’ highly anticipated CPI release.

This is far from uncommon among automotive startups, and it will likely continue to happen for years to come.

Lucid told investors to expect it to make between 6,000 and 7,000 of its Air sedans in 2022. It was able to beat that total slightly.

The Tesla CEO went so far as to say the situation with auto loans could “potentially” become “the biggest financial crisis ever.”

The electric semi-trucks were spotted at Tesla's private Nevada factory.

Tata group is considering setting up plants in India and Europe to produce battery cells for electric vehicles (EV), the chief financial officer of its auto unit told Reuters in an interview. With total sales of 50,000 electric cars to date, India's Tata Motors dominates the country's EV market and has outlined plans to launch 10 electric models by March 2026. The company expects electric models to make up a quarter of its total sales by 2025 from around 8% now.