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Musk says Tesla building two new models, probably challenged by the economy in next 12 months

Tesla held its annual shareholder meeting in Texas, USA, on May 16. CEO Elon Musk said the company is designing two new vehicle models. He also warned that Tesla will likely see challenges brought by the global economic environment in the coming months. ....

United States , Elon Musk , Wall Street Journal , Redwood Materials , East Asia , Vehicle News ,

BYD acquires another plot in Guangdong to establish automobile industrial park

China-based BYD took a step forward to build an automobile industrial park in Guangdong. The Shenzhen government announced on May 15 that the EV maker obtained an over-520,000-square-meter plot with CNY376 million (US$5.4 million), the fifth it has gotten in recent years. ....

Wang Chuanfu , Shenzhen Special Zone Daily , Shenzhen Shanwei Special Cooperation Zone , Special Zone Daily , Shanwei City , Evening News , Battery Green Energy , East Asia , Vehicle News ,

France plans EV subsidy reform to support Europe-made cars

French President Emmanuel Macron announced last week that the country will revise its EV subsidy program, aiming to facilitate battery and vehicle production in Europe. According to media reports, the adjustment could significantly impact cars made in China and the US. ....

United States , Gilles Normand , Elon Musk , European Union , French President Emmanuel Macron , Battery Green Energy , East Asia , Vehicle News ,

Automakers look to India's rising EV market

Automakers are witnessing a high growth potential in India s EV market. Local EV giant Tata Motors may face rising competition from global automakers looking to expand in India s EV market. ....

Tata Motors , South Asia , Vehicle News ,

Decoding India's electric vehicle boom: insights from industry analyst

Decoding India's electric vehicle boom: insights from industry analyst
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