Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring U.S. tax breaks for buyers and stiff overseas competition pushed sales down for a second year in a row.
Vietnam automaker VinFast opens factory in India, eyeing growth in Asia
Vietnam’s VinFast began production at a $500 million electric vehicle plant in southern India’s Tamil Nadu state on Monday, part of a planned $2 billion investment in India and a broader expansion across Asia.
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding over $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production for EVs and other electronics.
Getting from point A to point B with perks
It’s amazing how many things you really can’t live without until the moment you realize you’ve been living without them your whole life. Take my car, for example.