2 min read
Business

Chinese EV manufacturers gain traction in Europe, expected to reach 25% market share in 2021

A recent study has shown that China-made vehicles will make up a significant portion of electric vehicle (EV) sales in Europe this year. According to the research, these vehicles are expected to comprise a quarter of all EV sales in the European market.

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Business

GOP Launches Campaign Against Electric Vehicles, Labeling Them a Threat to National Security

The Arguments
Critics of electric vehicles have focused their attacks on issues such as government subsidies for electric vehicle purchases, the environmental impact of lithium-ion battery production, and the potential strain on the electrical grid that widespread adoption of electric vehicles could create.

2 min read
Business

Tesla announces price hike for Model Y vehicles in U.S. by $1,000 on April 1

Tesla announced on Tuesday that it will be raising prices for its Model Y vehicles in the United States by $1,000 beginning on April 1. This decision comes as the electric vehicle company faces increased costs in production and supply chain challenges.

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Business

Tesla to Increase Prices on Model Y in Select European Markets

Impact on Consumers
For consumers in countries such as Germany, France, and the United Kingdom, this price increase could mean paying several thousand euros more for a Model Y. The exact amount of the price hike will vary depending on the region and specific model.

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Business

Toyota, Jeep, Hyundai, and Ford announce recall of over 1.4 million vehicles

1.4 million vehicles from top automakers Toyota, Jeep, Hyundai, and Ford have been recalled due to safety concerns. Owners are urged to check if their vehicles are affected by these recalls.

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Business

President Biden warns of national security risks posed by Chinese Electric Vehicle industry

President Joe Biden recently warned that Chinese electric vehicles pose a significant security threat to the United States. The President’s statement comes amid growing concerns about China’s dominance in the electric vehicle market.

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Business

Safety concerns prompt Chrysler to recall hundreds of thousands of Jeep Grand Cherokee vehicles.

Chrysler has issued a nationwide recall for more than 338,000 Jeep Grand Cherokee vehicles due to a potential crash risk. The affected models are from the 2011-2013 production years, with the majority of the vehicles being in the United States.

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Business

Concerns Grow as Toyota Recalls 683,000 Vehicles Due to Safety Issues

Details of the Recall
According to Toyota, the recall will specifically target the fuel pump in various vehicles. The company has determined that the fuel pump may fail, leading to the engine stalling and posing a potential safety hazard to drivers and passengers.

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Business

Why Ditching Gas Guzzlers for Electric Cars is a Win for Kids’ Health

Electric vehicles are becoming increasingly popular around the world, with more and more people considering making the switch from traditional gas-powered cars. This shift towards electric transportation is not only beneficial for the environment, but it also has significant health benefits for children.

2 min read
Business

Volkswagen unveils highly anticipated ID.7 Tourer electric all-rounder at world premiere

A Game-Changer in the Electric Car Market
The ID.7 Tourer is poised to shake up the electric car market with its cutting-edge technology and innovative design. With a focus on sustainability, performance, and versatility, Volkswagen aims to set a new standard for electric vehicles.