Automotive

VW joins e-car price war as global rivalry heats up

German giant Volkswagen is set to follow Tesla's lead with a high-profile price drop as the battle for global dominance in the electric car segment intensifies, and local challengers race ahead in key market China.

Business

Electric car sales drive toward cleaner air, less mortality

Electric cars—and their continued sales growth—are expected to have a greener, cleaner influence on air pollution and reduce human mortality in most, if not all, U.S. metropolitan areas, according to Cornell University ...

Business

Tesla: Will Big Auto eat pioneering electric car maker's lunch?

Eyeing Tesla's success, major automakers are hurling themselves into the electric vehicle market as governments set ambitious zero-emissions targets and drivers around the world look to go electric. While Elon Musks's pioneering ...

Automotive

Chip crisis pushes European car sales to new low

EU car sales fell to a new low last year as the auto sector was hobbled by the Covid pandemic and a shortage of computer chips, industry figures showed Tuesday.

Automotive

Tesla's market value tops $1T after Hertz orders 100K cars

Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology.

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