New car registrations in the UK fell 6% year-on-year to 144,288 in October this year, the second decline this year, according to the Society of Motor Manufacturers and Traders (SMMT), Reuters reported recently.The SMMT said registrations for all power types, except for purely electric vehicles, fell in […]
On November 7, Faraday Future (FF), a global shared smart electric mobility ecosystem company, announced its financial results for the third quarter of 2024. Among the results, operating expenses fell 92.6% year-over-year to $3.8 million; operating loss decreased to $25.2 million from $66.4 million in the same period […]
According to foreign media reports, the European Union’s climate commissioner reiterated on Nov. 7 that the EU plans to stop selling cars that contain carbon dioxide emissions by 2035 and tighten carbon dioxide emission limits next year. Previously, some member state governments and automakers pressured the EU […]
November 7, 2024, Crewe, UK – In a significant shift of strategy, luxury automaker Bentley Motors has announced that it will delay its transition to exclusively selling electric vehicles (EVs) by five years. Originally slated to achieve this milestone by 2030, the company now plans to complete the transition by 2035. The delay comes in […]
November 9, 2024, Gothenburg, Sweden – Volvo Cars has announced that starting with the 2025 model year, its new electric SUV, the EX90, along with other EV models such as the EX40 and EC40, will be compatible with Tesla’s Supercharger network in North America. Customers purchasing these vehicles will receive a dedicated adapter that allows […]
On November 6, Toyota announced that its second fiscal quarter (July to September) net sales of 11.4 trillion yen, basically unchanged from the same period last year; operating profit of 1.16 trillion yen, a year-on-year drop of 19.4%, lower than the same period last year of 1.44 trillion […]