News of New York

Chinese Seagull EV: A Compact Challenger to the US Auto Industry
13 May 2024
2749
BYD's Seagull The automotive world is abuzz with the emergence of the Seagull, a tiny, low-priced electric car from Chinese automaker BYD. Priced around $12,000 in China and crafted with pr...
Hertz Surpasses EV Sales Target by 10,000 Units Despite Significant Loss
25 April 2024
2919
Hertz's Shocking Slide Hertz Global Holdings Inc. saw its shares continue their descent on Thursday, following the disclosure of its Q1 financial results. The results unveiled a larger-than-anticipated loss and an augmented strategy to divest its el...
Xi Jinping's Global Retreat Amid China's Economic Challenges
4 April 2024
4084
China's Balancing Act In 1989, following the Tiananmen Square incident, Deng Xiaoping's advice to the Communist Party was strategic and simple: "Hide your strength and bide your time." This counsel shaped China's foreign policy for years, emphasizin...
Bernstein: Tesla Stock to Drop 33% on High Valuation, Lack of Catalysts
27 March 2024
4058
Tesla's Quest The discourse surrounding Tesla's stock price has intensified in recent times, with mounting scrutiny directed towards its seemingly lofty valuation juxtaposed against concerns regarding its performance and growth trajectory. Comparat...
Renault Nears Battery Recycling Deals with Partners, Reveals Executive
26 March 2024
4789
Renault's Green Vision In the dynamic landscape of electric vehicles (EVs), Renault, under the visionary leadership of Jean-Philippe Bahuaud, is spearheading a paradigm shift in sustainable prac...
VinFast EV Founder Expands Global Reach with New Charging Stations Venture
18 March 2024
5510
Driving Sustainable Progress Elevating the landscape of electric vehicle infrastructure, V-Eco emerges as the brainchild of visionary entrepreneur Pham Nhat Vuong. With a resolute focus on driving sustainable progress, V-Eco...
Ford CEO: Competition with Chinese EVs to Surge by 2024
19 February 2024
4130
Electrifying Evolution In a recent address at the Wolfe Research Global Auto and Auto Tech Conference, Ford's CEO Jim Farley reflected on pivotal aspects of the company's trajectory, spanning from labor relations to electric vehicle (EV) strategies....
BMW Transforms Munich Headquarters for Full-Scale Electric Production by 2027
10 January 2024
3668
BMW Accelerates Into the Future In a strategic move towards embracing the electric vehicle (EV) era, BMW is injecting €650 million (equivalent to $711 million) to overhaul its primary manufacturing hub in Munich. This major investment, announce...
EV Tax Credit Reductions Hit Tesla, Nissan, GM Models in Latest Update
2 January 2024
3584
Revving Up the EV Tax Credit Turbulence Starting Monday, recent amendments to U.S. Treasury regulations have brought about significant alterations to federal tax credits related to ele...
Car Dealers' Initial EV Test Faces Challenges This Year
27 December 2023
3505
Pricing Shockwaves The electric vehicle (EV) market witnessed a dynamic journey throughout the past year, with car dealers initially meeting the surging demand for electric cars through direct fulfillment of factory orders. However, as summer approa...
Tesla's Stock Shock: Q3 Performance in Turmoil
4 October 2023
4424
Tesla's Shocking Q3 Performance Tesla, a leading electric vehicle (EV) company, faces stock market turbulence as it nears the Q3 2023 earnings report. Despite early September growth, TSLA stock has been consistently volatile, with Q3 deliveries fall...
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