This is the latest reduction in Alibaba's holdings after it sold 25 million of Xpeng's ADSs last year. An Alibaba executive resigned as a director of Xpeng.
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Among the new features of the Toyota C-HR plug-in hybrid recently launched in Europe is an efficiency-boosting trip planner that could be useful to Toyota's U.S. plug-in hybrid customers. Called Predictive Efficient Drive, this feature analyzes traffic conditions and learns the driver's behavior and regular routes to maximize use of electric mode...
The U.S. Department of Energy (DOE) unveiled a revised rule that would effectively give automakers more flexibility with pending EPA rules for model years 2027 to 2032—and more time to ramp up EV sales compared to an earlier proposal. The final rule for Petroleum-Equivalent Fuel Economy Calculation released late Tuesday softens what had been...