electric vehicles


Japan's ruling party to propose big spending on green projects

Japan's ruling party to propose big spending on green projects

Japan's ruling party will urge the government to lay out a big, decade-long spending programme to promote green investment in a bid to achieve Prime Minister Yoshihide Suga's carbon emission goals.Suga has made a green society one of his key policy priorities, pledging that Japan will aim for net-zero emissions …

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Tesla surge takes Chinese electric vehicle stocks on wild ride

Tesla surge takes Chinese electric vehicle stocks on wild ride

(ATF) Tesla shares rose above $500 billion in market value on Tuesday November 24, as its impending arrival in the S&P 500 index gave a further boost to a rally of over 500% this year.The demand for Tesla shares has delivered a dramatic boost to trading volumes in Chinese electric …

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Rise of EVs spells end of the oil era

Rise of EVs spells the end of the oil era

(ATF) Falling battery prices, environmental concern and electrification of transportation by crude-dependent countries like India and China could bring the oil era to an end, a strategist at financial think tank Carbon Tracker told Asia Times Financial on Friday.China’s has set a target for 20% of all cars on its …

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China’s Geely and Nio in upbeat auto news

China’s Geely and Nio in upbeat auto news

(ATF) Daimler will work with China's Geely on next generation combustion engines, an official said on November 17. “The companies plan to develop a highly efficient modular engine,” a spokesman for Daimler told Reuters, adding that it would be used in hybrid drive-trains and manufactured in Europe and China.German factories …

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New energy vehicles will reach 20% by 2025: China auto group

New energy vehicles will reach 20% by 2025: China auto group

Sales of new energy vehicles (NEV) in China, the world's biggest auto market, will jump to 20% of overall new car sales by 2025 from just 5% now, and to 50% by 2035, the China Society of Automotive Engineers (China-SAE) said this week. The association also predicts 95% of NEV …

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Tesla enjoys revenue record, thanks to pollution credit sales to rivals

Tesla enjoys revenue record, thanks to pollution credit sales to rivals

Tesla Inc on Wednesday reported its fifth consecutive quarterly profit on record revenue of $8.8 billion, boosted by an uptick in vehicle deliveries and sales of environmental regulatory credits to other automakers.The electric car maker also affirmed its target to deliver half a million vehicles by the end of this …

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India wakes up to march of electric vehicles

India wakes up to march of electric vehicles

After more than a decade of sitting on the fringes, electric cars may have finally started gathering speed in India. Over the past year, the country witnessed the release of four EV models taking the tally to six. Last week saw the launch of Mercedes Benz’s $140,000 EQC, India's first …

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Jaguar to launch hybrid electric SUVs in India 

JLR to launch electric Jaguar I-PACE in India in early 2021

NEW DELHI: Jaguar Land Rover (JLR) plans to launch its electric Jaguar I-PACE sedan in India early next year, the automaker's country head said on Thursday, as governments across the world push for more clean-energy vehicles.The British luxury carmaker owned by India's Tata Motors also plans to launch plug-in hybrid …

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New Hyundai Motor chief: Will he make the first flying car?

New Hyundai Motor chief: Will he make the first flying car?

Hyundai Motor Group appointed Euisun Chung as group chairman on Wednesday, cementing his succession from his octogenarian father in a move likely to give impetus to the world's fifth-largest automaker's push into electric vehicles and flying cars. In the first generational handover at the South Korean automobile giant in 20 …

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