Tesla Says New Factories Will Need Time to Ramp Up, Posts Record Revenue Due to Record Deliveries

Tesla said on Wednesday its upcoming factories and supply-chain headwinds would put pressure on its margins…

Apple Supplier Foxconn Sets Sights on Making Electric Vehicles in India, Europe, Latin America

Taiwan tech giant Foxconn is looking at making electric vehicles (EVs) in Europe, India, and Latin…

Indy Autonomous Challenge: Students to Race With Self-Driving Cars for $1.5-Million Prize Money

University students will gather at the historic Indianapolis Motor Speedway (IMS) this week to showcase their…

Xiaomi CEO Says Firm to Mass Produce Its Own Cars in First Half of 2024

Xiaomi Chief Executive Lei Jun said the Chinese smartphone maker will mass produce its own cars…

Taiwanese iPhone Supplier Foxconn Announces Entry into EV Market, Shows 3 Concept Vehicles

Taiwan’s Foxconn Technology Group, which is a major supplier for Apple and other global brands, has…

Taiwanese iPhone Maker Foxconn Announces Entry into EV Market, Shows 3 Concept Vehicles

Taiwan’s Foxconn Technology Group, which is a major supplier for Apple and other global brands, has…

Ford, Mercedes-Benz, More Carmakers Shift Up a Gear in Race to Go Electric

With electric car sales soaring and regulations increasingly favouring zero-emission vehicles, a flurry of announcements on…

Electric Vehicles in India: Businesses Seek Government Support to Meet 2030 Target

Businesses in India are seeking government support to meet a target for at least 65 percent of…

Flying Taxis to Take to the Sky in Mid-2020s, Says UK’s Vertical Aerospace

Fed up with traffic jams? Imagine a world where your taxi takes to the skies and…

Tesla Pushing Volkswagen to Accelerate Electric Vehicle Shift, Company Says on Competition

Competition from new entrants to Germany’s autos market such as Tesla has pushed Volkswagen to accelerate…