Honda to sell electric SUVs, hybrids in US to comply with zero emissions target
Mar 12, 2021 23:56 pm UTC| Business
Honda of America will offer two all-electric SUVs in the US in 2024 and offer hybrid gas-electric vehicles to comply with emissions-reduction targets and cope with Californias ban on sales of new internal-combustion...
Tesla adds $106 billion to market capitalization after shares surge almost 20%
Mar 10, 2021 08:05 am UTC| Economy
Tesla Inc shares soared nearly 20 percent on Tuesday, its largest daily gain in a year that added $106 billion to its market capitalization, due to increased China sales and improved ratings on the stock by New Street...
Aston Martin vows to manufacture its electric cars in UK
Mar 09, 2021 23:29 pm UTC| Business
Luxury car giant Aston Martin has pledged to manufacture all of its electric cars in the UK beginning 2025. According to Aston Martins owner, Lawrence Stroll, all of its battery sports cars will be created at its...
Kia releases teaser on its first all-electric model
Mar 09, 2021 09:20 am UTC| Business
Kia Corp. released a teaser for its first dedicated all-electric model, the EV6, set for a global unveiling later this month. The EV6 has a sleek, coupe-like roofline and a slight ducktail. Kia plans to launch seven...
S. Korea updates EV rules in line with technological advancements
Jan 15, 2021 14:34 pm UTC| Business
South Korea has adjusted regulations for eco-friendly vehicles to reflect technological advancements and reduced emissions targets. Early this week, the government put up a revision notice based on the Automobile...
Electric car sales in China reportedly skyrocket by 10%
Jan 14, 2021 10:15 am UTC| Business Economy
The electric car market in China is growing, and in fact, it was reported that the country achieved a 10% increase in its EV sales last year. The data was only revealed this week as the computation of sales cant be...
Volkswagen boosts EV sales by 214% to pose challenge to Tesla
Jan 13, 2021 23:57 pm UTC| Business
Volkswagen sold 231,600 battery electric vehicles in 2020, representing a 214 percent on-year increase to mount a challenge to Tesla. According to Ralf Brandsttter, CEO of Volkswagen Passenger Cars, the company is on...
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