Hekinan: Business was already tough for auto parts maker Asahi Tekko, but with US car tariffs due to bite this week its president has a simple message for Donald Trump: “Give me a break.” The 425 workers at the company are some of the 5.6 million Japanese people employed directly or indirectly in the auto … Read more
A significant lithium discovery beneath California’s Salton Sea, the state’s largest lake, has the potential to transform the US battery industry and advance clean energy ambitions, according to The Daily Galaxy. Scientists estimate that the lake contains approximately 18 million tons of lithium, a key component in electric vehicle (EV) batteries. This discovery is particularly … Read more
Aston Martin has delayed its plan to launch pure electric vehicles till 2030 and the British luxury carmaker will, instead, extend the life of its fossil fuel-driven platform as peers globally reassess the transition to cleaner mobility amid slowing demand. The company’s global customer base, including in India, still wants the performance of its popular … Read more
New Delhi: Ola Electric Mobility Ltd stands to lose out on government subsidies for electric vehicles if it fails to register more than 16,000 two-wheelers sold in February by the end of this financial year. The benefit can be claimed by the automaker only after the vehicle is registered, according to the guidelines of the … Read more
Mercedes-Benz stock fell in overseas trading after the German auto maker reported better-than-expected earnings but gave an outlook that doesn’t inspire the passion drivers might feel for a 300 SLR sports car. Thursday, the company announced fourth-quarter earnings per share of $2.68 from sales of about $40 billion. Wall Street was looking for about $2.60 … Read more
The latest offerings for electric vehicles take center stage at the 2025 Chicago Auto Show as some federal tax incentives could end. VOA’s Kane Farabaugh has more.
For Elon Musk fans, it’s the half a trillion-dollar bet. That is how much the stock market value of Tesla has rocketed since the presidential election, a vertiginous climb uninterrupted in recent days despite a disappointing financial report that would have sunk the stock of nearly any other company. Investors are wagering that President Donald … Read more