Auto Industry 2

 

The Future of EVs in the US Looks Dim — But Automakers Refuse to Quit

America’s dream of an all-electric future is fading fast. With the federal EV tax credit gone and automakers facing uncertain regulations, electric vehicle sales are expected to plummet. Yet, despite grim forecasts, the auto industry isn’t giving up. Companies like Ford, GM, and Hyundai are still betting big on EVs—just more cautiously than before. End […]

13 days ago More
 

BYD Surpasses Tesla with Over $100 Billion in Annual Sales

China’s electric vehicle (EV) powerhouse, BYD, has solidified its position as a global leader, generating 777 billion yuan ($107 billion) in revenue for 2024. This marks a significant leap ahead of Tesla, whose annual earnings reached $97.7 billion. BYD’s impressive growth highlights its dominance in the clean-energy vehicle market, driven by increasing demand for both […]

7 months ago More