Carmakers adjust electrification plans as EV demand slows

Porsche Shifts Gears On Its Electrification Strategy

driveteslacanada.ca - 29/Oct 14:22

Porsche is re-evaluating its all-electric future. After targeting an EV-centric lineup by 2030, the German automaker is making some changes in...

Nissan plans 9,000 job cuts, slashes annual profit outlook

cde.news - 15:30

Nissan Motor announced a $2.6 billion cost saving plan on Thursday, including 9,000 job cuts and a 20% reduction in global production capacity as it...

Hit by scandal, Japan's top automaker Toyota reports lower profits

washingtontimes.com - 06/Nov 06:31

Toyota's July-September profit sank to less than half of what it was in the same period the previous year, as a production stoppage that followed a...

Electrification startup opens Yatala factory

aumanufacturing.com.au - 29/Oct 02:26

eLumina, which plans to begin production of large-scale lithium batteries and electric vehicle chargers, officially opened its Yatala, Gold Coast...

Suzuki Motor Corporation unveil first-ever fully-electric eVitara

khulekanionwheels.com - 05/Nov 09:06

By Otsile Kadiege Suzuki Motor Corporation has unveiled its first mass-production battery electric vehicle (BEV) model, the e Vitara, in Milan, Italy....

Japanese auto giant Suzuki unveils its first battery EV, the eVitara

thedriven.io - 05/Nov 05:09

Japanese automaker Suzuki has unveiled its first mass production battery electric vehicle (BEV), the eVitara, which it says will be available in...

BYD surpasses Tesla in quarterly revenue but not (yet?) in EV sales

newmobility.news - 31/Oct 10:08

For the first time, Chinese automaker BYD has surpassed Tesla in quarterly revenue. The leap is driven by strong domestic sales, helped by government...

MG’s China connection prompts scrutiny for PLI benefit for EV manufacturing

times of india - 30/Oct 01:36

MG Motor's expansion plans for electric vehicle manufacturing in India face delay due to scrutiny by an inter-ministerial panel. Changes in ownership...