Xpeng said Alibaba's move was in execution of its capital management strategy and not due to a change in its view of the company.
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European sales of the Honda E retro EV are being halted amid slow sales, Automotive News Europe reported last week. Unveiled at the 2019 Frankfurt auto show, the E market the start of a new generation of compact EVs, and it earned praise for its cute exterior and dashboard full of screens. As it was revealed by executives, the Honda E was...
Kia will unveil its EV for mobility services at CES 2024 in January. The vehicle is known as the PBV, but the meaning of that acronym has changed since Kia first announced it. The automaker at first said PBV stood for "Purpose-Built Vehicle," but has now redefined it—marketing or not—as "Platform Beyond Vehicle." Kia announced the PBV...