Toyota bZ3 saloon is Tesla Model 3 rival with 372-mile range

Toyota has revealed the bZ3 as its second bespoke battery-electric car, which will be powered by advanced batteries supplied by Chinese EV giant BYD.  Set to go on sale next year, the five-seat Toyota bZ3 will be built and sold exclusively in China. It will follow the Toyota bZ4X SUV, which was launched globally earlier this year.  A third… Continue reading Toyota bZ3 saloon is Tesla Model 3 rival with 372-mile range

2023 Ram 2500 Rebel off-road pickup brings diesel power to backcountry workhorse

What is it: 2023 Ram 2500 Heavy Duty Rebel pickup. Why should you consider it: Off-road capability with an optional diesel engine in a pickup that can tow up to 16,870. How much will it cost: Prices start at $67,045, excluding $1,895 destination charge. When can you buy it? On sale late 2022. PIONEERTOWN, California… Continue reading 2023 Ram 2500 Rebel off-road pickup brings diesel power to backcountry workhorse

Nio, BYD and other Chinese EV stocks fell sharply amid sell-off

Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electric vehicle makers were among those hit by a dramatic sell-off Monday, as investors soured on non-state-run Chinese companies following a weekend of dramatic political developments in China. Shares of Li Auto ended the… Continue reading Nio, BYD and other Chinese EV stocks fell sharply amid sell-off

Chinese EV maker Xpeng debuts most advanced semi-autonomous driving system to rival Tesla

Xpeng showed off its forthcoming G9 SUV at the Chengdu auto show in August 2022. China News Service | China News Service | Getty Images Chinese electric carmaker Xpeng on Monday revealed its most advanced semi-autonomous driving system as it looks to boost appeal for its vehicles amid rising competition. Xpeng took the wraps off… Continue reading Chinese EV maker Xpeng debuts most advanced semi-autonomous driving system to rival Tesla

Tesla shares closed down 1% after Elon Musk’s EV firm cuts price of cars in China

Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Tesla shares slipped as much as 7% Monday morning after the company cut the price of some of its cars in China. They were down more… Continue reading Tesla shares closed down 1% after Elon Musk’s EV firm cuts price of cars in China

Yellen tempers expectations for EV tax-credit tweaks

Treasury Secretary Janet Yellen is throwing cold water on expectations that the agency will provide relief to foreign automakers lobbying against stringent limits on a popular electric-vehicle tax credit. “I’ve heard a lot about the concerns of the Koreans and Europeans about those rules, and we’ll certainly take them into account,” but “the legislation is… Continue reading Yellen tempers expectations for EV tax-credit tweaks

Maserati Grancabrio due next year as first electric drop-top GT

Maserati is primed to bring back the Grancabrio name next year for a convertible version of the reborn Granturismo.  The revitalised Maserati Grancabrio will feature nearly identical technical specifications across the board, said Maserati. That means a choice of two V6 options (with 489bhp and 550bhp) and a Folgore-badged EV with 745bhp. When the Folgore variant lands, making the… Continue reading Maserati Grancabrio due next year as first electric drop-top GT