Category: eV

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. […]

Volkswagen Group Sold 572,100 Fully Electric Vehicles in 2022

Volkswagen Group has big ambitions of becoming the top selling electric vehicle producer in the world. But the good news is that it’s sprinting toward that goal, and it’s already #1 in Europe and #4 in the USA. China’s the largest BEV market in the world — larger than the rest of the world combined […]