Xiaomi CEO teases price on upcoming car, showrooms begin displaying vehicle
By Beijing newsroom and Kevin Krolicki BEIJING (Reuters) - Xiaomi's CEO said on Monday his goal for the firm's first electric vehicle was that it would be the "best looking, easiest to drive and smartest car" priced below 500,000 yuan ($69,424),
Tesla to raise prices on Model Y electric vehicles in parts of Europe
By Kanjyik Ghosh and Disha Mishra (Reuters) - Tesla said on Saturday it would increase the price for its Model Y electric vehicles (EV) in a number of European countries on March 22 by approximately 2,000 euros ($2,177) or the equivalent
In EV catch-up race, legacy automakers hitch a lift with Formula E
By Nick Carey LONDON (Reuters) - Legacy automakers playing catch-up with EV leaders like Tesla are leaning on their Formula E electric racing teams for innovations to build better mass-production EVs with greater range and efficiency, or a lower price tag. Formula
Panasonic puts productivity boost ahead of new EV plant in US
By Daniel Leussink and Miho Uranaka TOKYO (Reuters) - Panasonic's battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signalling the Tesla supplier may hold off building a third battery plant in North America as demand for
China’s BYD launches 3 EV models in Indonesia
By Stefanno Sulaiman JAKARTA (Reuters) - China's BYD, the world's biggest electric vehicle maker, unveiled three battery EV models in Indonesia on Thursday as it seeks to expand its presence in Southeast Asia's biggest economy. BYD overtook Tesla as the world's top
Uber says it’s working with Tesla to boost EV adoption among drivers
By Harshita Mary Varghese (Reuters) - Uber is working with Tesla to promote use of electric vehicles by its drivers in the United States as it works towards becoming emission-free in U.S. and Canadian cities by 2030, the ride-hailing platform told
Britain’s BT to turn street cabinets into EV charging points
By Paul Sandle LONDON (Reuters) - BT, Britain's biggest telecoms group, said it would convert the first of its street cabinets traditionally used to house cabling to an electric vehicle (EV) charging unit in a pilot that could lead to a
Vietnam’s VinFast to set up $500 million EV facilities in India
By Phuong Nguyen HANOI (Reuters) - Vietnamese electric vehicle (EV) maker VinFast signed an agreement on Saturday to set up its first manufacturing facilities in India, as the ambitious company seeks to penetrate the world's third-largest vehicle market. VinFast and the southern
Australia struggles to ditch SUV habit even as electric vehicle sales hit record
By Lewis Jackson SYDNEY (Reuters) - Electric vehicle (EV) sales in Australia hit an all-time high in 2023, according to the country's automotive association, however light vehicle sales remained dominated by emissions-intensive trucks and sports utility vehicles (SUVs). Battery-electric vehicles were 7.2%