Global Hypercar Market Report 2022: New Product Launches, Cybersecurity Systems, & Increased Focus on Electric Hypercars Presents Lucrative Opportunities

DUBLIN, Aug. 26, 2022 /PRNewswire/ — The “Hypercar Global Market Opportunities And Strategies To 2031” report has been added to ResearchAndMarkets.com’s offering. The global hypercar market reached a value of nearly $10,632.8 million in 2021, having increased at a compound annual growth rate (CAGR) of 18.9% since 2016. The market is expected to grow to $44,172.1… Continue reading Global Hypercar Market Report 2022: New Product Launches, Cybersecurity Systems, & Increased Focus on Electric Hypercars Presents Lucrative Opportunities

Global Electric Bus Markets, Analysis & Forecasts, 2016-2021, 2021-2026F, 2031F – Proactive Government Initiatives to Encourage the Use of e-Buses, Creating Lucrative Growth

DUBLIN, Aug. 26, 2022 /PRNewswire/ — The “Electric Bus Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global electric bus market is expected to grow from $26.68 billion in 2021 to $29.7 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The electric bus market is expected to grow… Continue reading Global Electric Bus Markets, Analysis & Forecasts, 2016-2021, 2021-2026F, 2031F – Proactive Government Initiatives to Encourage the Use of e-Buses, Creating Lucrative Growth

Xiaomi in Talks With BAIC to Reach Goal of Making Cars

(Bloomberg) — Xiaomi Corp. is in talks with Beijing Automotive Group Co. to collaborate on producing electric vehicles, according to people familiar with the matter, as the technology company races to fulfill a promise to make its own cars by 2024. Most Read from Bloomberg The two giants are exploring different options including Xiaomi buying… Continue reading Xiaomi in Talks With BAIC to Reach Goal of Making Cars

NIO Inc. to Report Second Quarter 2022 Financial Results on Wednesday, September 7, 2022

SHANGHAI, China, Aug. 26, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its second quarter 2022 unaudited financial results on Wednesday, September 7, 2022, before the open of… Continue reading NIO Inc. to Report Second Quarter 2022 Financial Results on Wednesday, September 7, 2022

Tesla Stock Vs. BYD Stock: Tesla Hits Resistance After 3-For-1 Split; BYD Expansion Kicks Off

TheStreet.com Ford Has Bad News for EV Buyers Ford did not want to upset its customers and future buyers of electric vehicles. As consumers grapple with soaring prices for virtually everything from groceries to basic necessities to gallons of gas at the pump, the automaker has opted for a phased strategy to announce increases prices… Continue reading Tesla Stock Vs. BYD Stock: Tesla Hits Resistance After 3-For-1 Split; BYD Expansion Kicks Off

Gotion High-tech’s Revenue is 8.638 billion with overseas revenue growth of 358.28% in the first half of the year

HEFEI, China, Aug. 26, 2022 /PRNewswire/ — On August 26 Beijing Time, Gotion High-tech announced its interim results. During the Reporting Period, the Company achieved revenue of RMB 8,638 million, representing a year-on-year growth of 143.24%, of which revenue from overseas regions increased by 358.28% year-on-year to RMB1.279 billion, and is expected to achieve its target… Continue reading Gotion High-tech’s Revenue is 8.638 billion with overseas revenue growth of 358.28% in the first half of the year

Electric Utility Vehicle Market to Reach $24.98 Bn, Globally, by 2031 at 11.4% CAGR: Allied Market Research

Stringent government regulations regarding vehicular emissions, launch of new electric utility vehicles, and rise in fuel costs propel the global electric utility vehicle market growth. PORTLAND, Ore., Aug. 26, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Electric Utility Vehicle Market by Battery Type (Lead-acid, Lithium-ion, Others), by Vehicle Type (Sport Utility… Continue reading Electric Utility Vehicle Market to Reach $24.98 Bn, Globally, by 2031 at 11.4% CAGR: Allied Market Research

Foreign automakers are big mad about the new EV tax credit

The auto industry is still processing the new and confusing electric vehicle credits signed into law by President Joe Biden as part of the Inflation Reduction Act of 2022. Foreign automakers, in particular, are scrambling to find some loophole through the new rules that would seem to disqualify the vast majority of their EV fleets,… Continue reading Foreign automakers are big mad about the new EV tax credit

Web3 Ride-Hailing App Drife Takes on Uber in India

Why not? EVs lack tailpipe emissions, sure, but producing, operating, and disposing of these vehicles creates greenhouse-gas emissions and other environmental burdens. Driving an EV pushes these problems upstream, to the factory where the vehicle is made and beyond, as well as to the power plant where the electricity is generated. The entire life cycle… Continue reading Web3 Ride-Hailing App Drife Takes on Uber in India

Chrysler Brand Charges Up Electrify Expo New York

AUBURN HILLS, Mich., Aug. 26, 2022 /PRNewswire/ — Continue Reading Chrysler brand is putting a charge into Electrify Expo New York, bringing a fleet of Chrysler Pacifica Hybrid vehicles as well as a large brand display to the expo, scheduled to take place August 27-28, 2022, at Nassau Coliseum in Long Island, New York. Chrysler… Continue reading Chrysler Brand Charges Up Electrify Expo New York