electric vehicles (evs)

  1. Hanno Labuschagne

    BYD set to pass Tesla in global EV sales

    BYD set to pass Tesla in global EV sales BYD Co. is poised to overtake Tesla Inc. as the world’s biggest seller of electric vehicles as the Chinese automaker’s global sales push gains greater traction. China’s best-selling car brand came within a whisker of toppling Tesla last quarter after...
  3. Hanno Labuschagne

    Best-selling used EV models in SA

    Best-selling used EV models in SA South Africa's top-selling used electric vehicles (EVs) in the first half of 2023 were the BMW i3, Mini Cooper SE, and Volvo XC40 Recharge, according to AutoTrader's Mid-Year Car Industry Report. For the first time, the automotive classifieds website — one of...
  4. Hanno Labuschagne

    South Africa's electric car charging and petrol prices compared with 49 countries

    South Africa's electric car charging and petrol prices compared with 49 countries South Africa is among the cheapest countries to recharge an electric car, according to an analysis by the Australian division of price comparison website Compare The Market. The firm recently looked at fuel and...
  5. Hanno Labuschagne

    Electric cars now account for 5% market share in 23 countries — Bloomberg

    Electric cars now account for 5% market share in 23 countries — Bloomberg Convincing everyone to adopt a new technology can be a slog at first. The humble microwave oven, for example, took two decades of lukewarm sales to reach just a tenth of US households. But then came the 1980s, and...
  6. Hanno Labuschagne

    Tesla rolls out "cheaper" Model S and Model X

    Tesla rolls out "cheaper" Model S and Model X Tesla Inc. has added two lower spec versions of its less popular Model S and X electric vehicles in the US and Canada, slashing the price by $10,000 (R190,821) as competition intensifies. The cheaper versions come with less range and slightly...
  7. Hanno Labuschagne

    Tesla cuts EV prices in China again

    Tesla cuts EV prices in China again Tesla Inc. rolled out a new round of price cuts in China, sending auto stocks tumbling on concerns the move will respark a bruising price war that had showed signs of abating. The automaker reduced the price of the top-end Long-Range and Performance versions...
  8. Hanno Labuschagne

    Tesla CFO quits after 13 years

    Tesla CFO quits after 13 years Tesla Inc. chief financial officer Zachary Kirkhorn stepped down after 13 years at the electric-vehicle maker, a surprise shakeup that raises new questions about succession in the top ranks of Elon Musk’s company. Kirkhorn, one of just four executive officers and...
  9. Hanno Labuschagne

    Chinese EV startup with 1,000km batteries plans to go public

    Chinese EV startup with 1,000km batteries plans to go public A Chinese maker of long-range electric vehicle batteries — including one capable of going 1,000 kilometres on a single charge — plans to go public as soon as 2025 as it banks on automakers embracing next-generation cells in the race...
  10. Hanno Labuschagne

    BMW bumps EV spending after doubling sales

    BMW bumps EV spending after doubling sales BMW AG is stepping up spending on its electric-car rollout after the luxury-car maker’s battery-vehicle deliveries more than doubled during the first half of the year. The level of buyer interest in EVs means BMW is “investing more than originally...
  11. Hanno Labuschagne

    Tesla still destroying German automakers in EV sales

    Tesla still destroying German automakers in EV sales Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.’s dominance. Instead, they’re only falling further behind. [Bloomberg]
  12. Hanno Labuschagne

    Focus on Tesla, Elon — Investor survey

    Focus on Tesla, Elon — Investor survey Right on cue, Tesla Inc. sceptics are pushing back after this year’s sizzling $500 billion rally. Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for Tesla over the next two years just as Elon Musk appears...
  13. Hanno Labuschagne

    Tesla, BYD, and other EV giants agree to cool down Chinese price war

    Tesla, BYD, and other EV giants agree to cool down Chinese price war Tesla Inc. and China’s top electric-vehicle makers including BYD Co. pledged to maintain fair competition and avoid “abnormal pricing” in the world’s biggest EV market, signaling a possible end to the 2023 price war that’s...
  14. Hanno Labuschagne

    Rivian's Amazon delivery van fleet expanding to Germany

    Rivian's Amazon delivery van fleet expanding to Germany Rivian Automotive Inc. will expand deliveries of a battery-electric van it makes for Amazon.Com Inc. to Europe. It will be the EV maker’s first commercial shipments outside the US. The company will roll out more than 300 plug-in delivery...
  15. Hanno Labuschagne

    BYD and Tesla post new record quarterly deliveries

    BYD and Tesla post new record quarterly deliveries Tesla Inc. and BYD Co. set fresh sales records in the second quarter, widening their lead as the world’s top-selling clean automakers. Elon Musk-led Tesla delivered a record 466,140 cars worldwide in results posted Sunday, outpacing Wall...
  16. Hanno Labuschagne

    Photos of BYD's first electric car in SA

    Photos of BYD's first electric car in SA Chinese electric automotive giant Build Your Dreams (BYD) recently announced its entry into the South African market — with its first vehicle on offer locally being the BYD Atto 3 compact SUV. Outside of China, the Atto 3 is already being sold in the...
  17. Hanno Labuschagne

    Tesla rival BYD launches Atto 3 SUV in South Africa — starting from R768,000

    Tesla rival BYD launches Atto 3 SUV in South Africa — starting from R768,000 Chinese automotive giant Build Your Dreams (BYD) has officially launched its first car in South Africa — the fully-electric BYD Atto 3. The Atto 3 is a compact SUV powered by a single front-wheel-drive electric motor...
  18. Hanno Labuschagne

    Lucid will make powertrains for Aston Martin EVs

    Lucid will make powertrains for Aston Martin EVs Aston Martin Lagonda Global Holdings Plc is tying up with Lucid Group Inc. on electric vehicle technology, uniting the storied British carmaker and relative automotive newcomer each backed by Saudi Arabia’s sovereign wealth fund. Shares in both...
  19. Jan

    Ample showcases robotic electric car battery swapping station

    Robotic electric car battery swapping station unveiled — 5 minutes from empty to full Ample has provided a first look at its second-generation robotic electric vehicle (EV) battery swapping station that can switch out batteries in about as long as it takes to refill a petrol or diesel car. The...
  20. Hanno Labuschagne

    Tesla gets more backers for US electric car charging standard

    Tesla gets more backers for US electric car charging standard Tesla Inc.’s charging technology won more backers as a handful of players in the electric vehicle power industry said they would offer compatible equipment, further solidifying the automaker’s system as the US standard. ChargePoint...
  21. Hanno Labuschagne

    Tesla shares are having an absolute blast in 2023

    Tesla shares are having an absolute blast in 2023 The clouds are finally parting for Tesla Inc. investors who stuck with the electric vehicle maker through a rough ride. A rush of good news for the company and the return of bullish market conviction have put the stock on pace to more than...
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