Tesla casts doubt on the quest for a Model T of EVs
By Joseph White DETROIT (Reuters) - Henry Ford democratized car ownership with his ultra-cheap, mass-produced Model T, and Elon Musk once promised to do the same for electric cars with a Tesla that could sell for $25,000. Now, sources have told Reuters
Xiaomi set for plunge into EVs at a tricky time for China autos
By Sarah Wu and Yelin Mo BEIJING (Reuters) - China's Xiaomi will launch its highly anticipated electric vehicle (EV) on Thursday when it will reveal its pricing and start taking orders, marking the electronics company's entry into the world of automobiles. The
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),
Volvo invests in, taps Breathe Battery tech for 30% faster EV charging
By Nick Carey LONDON (Reuters) - Volvo Cars has invested in UK startup Breathe Battery Technologies and will use its battery software to cut charging time for its next generation of electric vehicles by 30%, the two companies said on Tuesday. The
China’s Xiaomi to start deliveries of its first EV model, shares soar
By Sarah Wu, Casey Hall and Qiaoyi Li BEIJING (Reuters) - China's Xiaomi said on Tuesday it will start deliveries of its first electric vehicle (EV) model SU7 this month, venturing into the world's largest auto market amid a brutal price
Indonesia issues more tax incentives for EV sales
By Fransiska Nangoy JAKARTA (Reuters) - Indonesia has announced new incentives to encourage sales of locally produced and imported electric vehicles (EVs), in its latest bid to boost take-up of environment-friendlier cars as well as attract investment to its domestic EV
Driverless cars covered 5x more test miles in California in 2023
By Abhirup Roy SAN FRANCISCO (Reuters) - Completely driverless vehicles traveled nearly 3.3 million miles in California last year, over five times the previous year's total, even as concerns rose in the wake of a Cruise robotaxi accident, state data on
Thailand aims for lithium output in two years, boosting EV ambitions
By Devjyot Ghoshal and Panu Wongcha-um BANGKOK (Reuters) - Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become a regional electric vehicle (EV) production hub, according to government and
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