Of China’s nearly 30 electric vehicle makers, only two are profitable
Hybrids and electric vehicles in the Chinese domestic market have already occupied more than half of the primary segment, but the high pace of expansion conceals a truth that is…
Cruise self-driving taxis will be available in the US via Uber
Cruise voluntarily suspended the transportation of passengers for money throughout the United States shortly after the incident with a hit-and-run in California, and its license was revoked in the state…
Cruise forced to recall 1,200 self-driving taxis to address sudden braking threat
Since December last year, the US agency responsible for road safety, NHTSA, has been investigating three accidents involving Cruise robotic taxis as a result of their sudden braking. The company…
BMW overtakes Tesla in electric vehicle sales in Europe for the first time
BMW in July overtook Tesla for the first time in history to take first place in electric vehicle sales in Europe, despite declining demand for electric vehicles overall and the…
Xiaomi sells electric cars at a loss – it loses more than $9,200 on each one
The Chinese electronics manufacturer Xiaomi recently published financial statistics for the first time for the quarter, taking into account electric vehicles, which it began delivering at the end of March.…
Ford loses $100,000 on every electric vehicle it produces
During the first half of Joseph Biden’s presidency, which promised US citizens to fight inflation through subsidies for the purchase of electric vehicles, Ford Motor Company enthusiastically began converting its…
Tesla will issue a real recall of 9,000 Model X electric vehicles due to a dangerous defect in the roof moldings
Given the niche purpose of the Cybertruck pickup, the Tesla Model X crossover can still be considered the brand’s flagship electric vehicle, and the recent NHTSA requirement to recall 9,136…
Chinese electric vehicle manufacturer XPeng increased sales by 60%, but losses could not be avoided
Many young Chinese electric vehicle manufacturers have found themselves hostage to the price wars that broke out in the market last year. Meanwhile, the situation has begun to improve in…
Smartphones and electric vehicles fuel Xiaomi’s 32% jump in quarterly revenue
According to IDC, Xiaomi remained the world’s third-largest smartphone maker in the second quarter, increasing shipments of this type of product by 28% year-on-year. Xiaomi’s official reporting states that its…
Waymo has doubled its weekly self-driving taxi rides to 100,000 since May.
Parent Alphabet promised in July to increase investment in Waymo’s business by $5 billion, and the company began to justify these investments in the information space, regularly reporting on its…