August 7, 2024 – Rivian Automotive Inc., the electric vehicle (EV) manufacturer, has announced a notable increase in revenue for the second quarter of 2024, demonstrating strong business performance amid a rapidly growing market. The company also reaffirmed its full-year production and profitability outlook, signaling confidence in its ongoing operations and future growth. Rivian’s […]
August 7, 2024 – Ford Motor Company has announced a 31% year-over-year increase in its pure electric vehicle (EV) sales in the U.S. for July 2024. This significant growth underscores Ford’s strong performance in the electric vehicle sector and further solidifies its position in the global EV market. According to the data released by […]
According to foreign media reports, Hyundai, Kia, Tata and Mahindra are lobbying India’s most populous state, Uttar Pradesh, not to provide incentives for hybrid cars, saying that such a move would help their rivals, Toyota and Maruti Suzuki, and would also strike a blow to India’s goal of popularizing […]
On August 5, the Society of Motor Manufacturers and Traders (SMMT) lowered its forecast for new car sales in the UK for 2024, citing weak demand in the private retail market for electric vehicles as a primary concern, Reuters reported. According to the SMMT’s latest forecast, new car sales […]
According to foreign media reports, the U.S. National Highway Traffic Safety Administration (NHTSA) has said that the agency still believes that the 49 million U.S. vehicles produced by 13 automakers equipped with airbag inflators have serious safety risks, and is considering a recall. The […]
August 7, 2024 – Lynk & Co has announced that the highly anticipated 2025 Lynk & Co 08 EM-P will officially launch in August 2024. The new model promises significant configuration upgrades, enhancing its competitiveness in the luxury SUV market. The 2025 Lynk & Co 08 EM-P continues to showcase the brand’s distinctive design […]