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Chinese EV giant not fazed by price war

Chinese electric vehicle (EV) giant, BYD, said on 29 March that it was large enough to shake off the impact of a bruising price war and faltering demand in China, according to Reuters.

  • 30 March 2023
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Ford loses $3 billion on EVs

Reuters reported that Ford Motor Co said it expected its electric vehicle business unit to lose $3 billion this year.

  • 28 March 2023
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Austria won’t follow Germany in resisting EU CO2 law

This past Thursday, Reuters reported that Austrian Climate Minister, Leonore Gewesseler, said that the country would not back out of the agreement to support the EU law to phase out new sales of CO2-emmiting cars by 2035.

  • 20 March 2023
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VW to invest billions in batteries in race to cut EV costs

Volkswagen plans to invest 180 billion euros over five years in certain areas, including battery production and raw material sourcing, in a bid to cut electric-vehicle costs and protect its market share, Reuters reported on 14 March.

  • 17 March 2023

At the heart of EVs lies efficiency

The move toward electric vehicles (EV) gained momentum in the northern hemisphere because of environmental concerns, cost-effectiveness and developments in the technology.

  • 15 March 2023
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Mitsubishi to sell only EVs, hybrids by 2035

Mitsubishi Motors Corp plans for hybrid and battery electric vehicles to account for all new car sales by the middle of the next decade, Reuters reported on 10 March.

  • 14 March 2023
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Cheap Tesla announcement: Much ado about nothing

Contrary to great anticipation that Elon Musk would clarify plans for an affordable Tesla at the company’s investor day on 1 March, the eccentric billionaire skirted the issue.

  • 6 March 2023
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Kia teaser video has EV lovers drooling

Kia Corporation unveiled a set of video clips on 2 March to tease its highly anticipated Kia EV9, the brand’s dedicated battery electric SUV.

  • 2 March 2023
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AIDC-EC partners with electric vehicle road trip Africa 2024

The 2024 edition of the electric vehicle road trip (evrt) Africa, a travelling showcase of electric vehicles (EV), will be even bigger and better than before as the Automotive Industry Development Centre Eastern Cape (AIDC-EC) gets on board as a partner.

  • 2 March 2023
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