Tag: Electric vehicle industry

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China’s New EV Maker Reports $9,200 Loss Per Smart Car – Autoblog

Xiaomi, the Chinese tech giant known for its smartphones, made a bold move into the electric vehicle market with the launch of its Speed Ultra 7 (SU7) sedan. The company's new auto branch reported...
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Nikola Beats Expectations with Strong Hydrogen Truck Demand

Nikola, the electric truck maker, has exceeded expectations in the second quarter, showcasing a strong demand for its hydrogen big rigs. This success has led to a 17% increase in the company's shares in...
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Revolutionary Million-Mile Battery Technology Revealed by Farasis Energy

Farasis Energy has recently made a groundbreaking announcement regarding the successful testing of their innovative battery cells, bringing us one step closer to the realization of a million-mile battery. This achievement is a significant...
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Negotiations between EU and China Over 48% Tariffs on Electric Vehicles

The European Union has decided to engage in discussions with China regarding the proposed tariffs on Chinese electric vehicles, potentially imposing a 48% import charge on certain models. This decision comes after the EU...
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Electric Car Sales in Australia: Decline After Record Highs, but EV Market Remains Strong

The electric vehicle market in Australia is experiencing a decline in sales after reaching record highs, but industry experts believe that the market remains strong despite the recent drop in numbers. According to data...
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Affordable Used EV Prices Spark Debate Among Tesla Critics: Car News Update

Last week, the Tesla shareholder meeting brought some exciting product and battery news. Despite this, critics of electric vehicles (EVs) continue to argue that cost is the main reason they are not practical. However,...