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Geely, China s second largest automaker by sales, told Reuters that most of the shipping firms it uses to export its electric vehicles to Europe have plans to go around the Cape of Good Hope to avoid the Suez Canal, the shortest route from Asia to Europe, due to the hostilities. ....
A woman had come into the station visibly shaken, according to a police report. She told police that her abusive husband, in violation of a restraining order, was stalking and harassing her using the technology in their 2016 Tesla Model X. ....
New Battery Plant: The decision by the battery supplier to EV maker Tesla came after the company in April said it was considering building a plant in Oklahoma, its third in the U.S. "After careful deliberations, we have made the decision not to move forward with developing the site," Panasonic Energy said in a statement. ....
The Ministry of Heavy Industries has given a subsidy amounting to INR 5,294 crore to electric vehicle manufacturers on the sale of 1.1 million electric vehicles under phase-II of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India , Minister of State for Heavy Industries Krishan Pal Gurjar said in a written reply in Rajya Sabha on Monday. ....
The investment comes as Nio, with its EV sales and profitability under pressure in a price war started by Tesla , has sought to boost efficiency by cutting a tenth of the workforce and deferring non-core projects. The deal, expected to close in the final week of December, would take CYVN s shareholding to 20.1% of Nio s total issued and outstanding shares, following an investment of USD 1 billion in July, Nio said in a statement on its website. ....