ELECTRIC VEHICLE

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Jan 07 2025TECHNOLOGY

Electric Teams Up: Volkswagen & Xpeng Join Forces to Charge China's EV Future

Imagine this: two big names in electric vehicles, Volkswagen from Germany and Xpeng from China, are teaming up to make charging your EV as easy as a breeze. They've just announced a plan to connect their super-fast charging networks. Picture over 20, 000 charging points spread across 420 cities in C

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Jan 03 2025BUSINESS

US Car Sales: GM and Ford's 2024 Comeback

In a surprising turn of events, both General Motors (GM) and Ford Motor have reported their best annual U. S. sales since 2019. This marks a significant recovery from the setbacks caused by the coronavirus pandemic and supply chain issues. Industry experts had predicted this comeback, estimating tha

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Jan 02 2025BUSINESS

Tesla's Sales Take a Dip: What's Next?

Tesla, the electric vehicle giant, has seen its first annual sales decrease in over a decade. What happened? Well, despite a 2. 3% boost in the last quarter thanks to attractive offers like zero-interest financing and free charging, the overall sales from 2023 to 2024 dipped by 1. 1%. That's right,

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Dec 23 2024BUSINESS

Japanese Car Giants Team Up to Fight Electric Future

Imagine two of Japan's biggest carmakers, Nissan and Honda, joining forces to become the world's third-largest automaker. This isn't just a dream; it's a plan they're seriously considering over the next six months. Why the sudden team-up? Well, the auto industry is changing fast, with electric cars

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Dec 20 2024TECHNOLOGY

Green Power: Cracking the Code of Electric Vehicle Batteries

Electric vehicles (EVs) are taking the world by storm. But before EVs can truly replace traditional cars, their batteries need a major upgrade. Scientists use a method called DEMATEL to figure out how factors in battery tech affect each other. This method is great for complex systems, but real-world

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Dec 14 2024BUSINESS

Parking Problem: Tesla's Unsold Electric Cars

Imagine this: in early 2024, Tesla found itself with a bunch of unsold electric cars. The number? Around 46, 500. That's a lot of cars just sitting around! These cars weren't just in the US, but also in places like Germany. Satellite images showed them stacked up in parking lots and storage faciliti

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Dec 10 2024BUSINESS

The Future of Driving: Meet the Lucid Gravity

The Lucid Gravity, a new kind of SUV, is hitting the market with a bang. It's not just your average Sport Utility Vehicle—it's a blend of a supercar's performance, an off-roader's toughness, and a minivan's spacious interior. This isn't your typical car; it's redefining what an SUV can be. Producti

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Dec 08 2024FINANCE

Why Tesla Stock is a Hot Pick Despite Overvalued EVs

Imagine a world where your car can drive itself, and you’re not just buying it for the ride. That's the future many investors see for Tesla, even if its electric vehicle (EV) business isn't exactly a smooth drive. Analysts at Stifel just bumped up their price target for Tesla by a whopping 43%, hit

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Dec 04 2024BUSINESS

Hyundai's Triple Play: Tech, Choice, and Agility Drive U. S. Success

Hyundai's U. S. division is hitting new heights, with sales records shattering left and right. What's their secret? A mix of smart tech investments, a wide range of powertrain options, and quick decision-making, all guided by their leadership. Hyundai's not just focusing on electric vehicles. They'

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Nov 26 2024POLITICS

California's Plan to Counter Trump's EV Tax Credit Cuts

Imagine this: California Governor Gavin Newsom has a plan up his sleeve if President-elect Donald Trump ousts a federal tax credit for electric vehicles. He's talking about restarting the state's Clean Vehicle Rebate Program, which has previously offered financial incentives on over 590, 000 vehicle

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