Saturday, March 29, 2025

Tag: Electric Vehicles

BYD Tops Tesla with Record $107B Revenue — First EV Giant to Break $100B

BYD became the first EV maker to surpass $100 billion in revenue, driven by market dominance and expanding overseas presence.

Hyundai’s $20B U.S. Expansion to Include Louisiana Steel Plant and EV Production

Hyundai Motor Group plans a $20 billion U.S. investment to boost production and avoid tariffs under Trump's trade policies.

Mitsubishi Taps Foxconn to Build EVs – First Models Coming in 2026

Mitsubishi Motors partners with Foxconn for EV production, marking Foxconn's first vehicle manufacturing for a Japanese company.

Hankook Tire to Showcase EV Tire Tech at Electrify Expo 2025

Hankook Tire showcases its innovative EV tires at Electrify Expo, reinforcing its leadership in the electric vehicle market across the U.S.

Elon Musk Calls Out Kia After Controversial EV Ad Mocking Tesla

Elon Musk reacted to a Kia ad mocking him amid Tesla's struggles, leading to backlash and controversy over the dealership's actions.

Tesla’s Stock Rockets After White House Event, But Experts Warn of Volatility

Tesla's stock surged 8% after Trump's promotion, attracting potential new Republican customers, but experts warn of volatility.

Honda Cuts Engine Production by 30% in China as It Struggles to Compete

Honda will cut engine production in China, reducing capacity by 30% amid competition from electric vehicle manufacturers.

Elon Musk Denies Involvement in State Department’s $400 Million Electric Armored Vehicle Deal

Elon Musk's potential conflict of interest arises as the State Department postpones a $400M Tesla vehicle contract amid controversy.

Tesla Forecasts Sales Growth in 2025 as EV Demand Increases Globally

Tesla, the American electric vehicle company, is forecasting an increase in vehicle sales this year compared to the previous year.

Big Changes Ahead: Honda and Nissan Set to Merge Under New Holding Company

Honda and Nissan plan to create a holding company to enhance collaboration, potentially merging with Mitsubishi Motors amid declining sales.

Tesla Soars to New Heights as Trump’s Team Eyes EV Subsidy Cuts

Tesla's stock soars post-election, with projections reaching $650 per share amid potential removal of EV subsidies by Trump's team.

Musk’s Bold Plan: No More Tax Credits for Electric Cars

Elon Musk visited the U.S. Capitol, advocating for the elimination of electric vehicle tax credits, emphasizing responsible fund management.