BEV

Tesla rival Stellantis N.V. (NYSE:STLA) announced its first-quarter shipment and revenue report on Tuesday, which showed a 12% decrease in net revenues and a 10% reduction in consolidated shipments, largely due to volume, mix, and foreign exchange challenges. What Happened: The net revenue for...

Toyota Motor (NYSE:TM) Australia’s Vice President of Sales and Marketing, Sean Hanley, believes that hybrid vehicles are more suitable for Australia compared to battery electric vehicles (BEVs). What Happened: Hanley explained that producing a single BEV requires the same...

Volkswagen AG (OTC: VWAGY) (OTC: VLKAF) reportedly said it is prepared for Europe's scheduled 2035 ban on new sale of fossil-fuel cars as the German automotive manufacturer ramps up its electric vehicle lineup. Volkswagen will be able to reduce its battery expenses via a 50% drop in cost...