Tag: Electric vehicle sales
Tesla’s 2Q Profits Drop 45% to $1.48 Billion Despite Sales Drop – Autoblog Analysis
Tesla, the Austin, Texas-based electric vehicle company, reported a 45% drop in net income for the second quarter of the year compared to the same period last year. Despite a decline in profits, Tesla's...
Stellantis CEO: Ready to Compete with China in Europe’s EV Market
Stellantis CEO Carlos Tavares is gearing up for a tough competition with Chinese carmakers in Europe's electric vehicle market. With the opening of a new EV production line in Serbia, Tavares emphasized the group's...
Navigating the Uncertain Future of Electric Vehicles: What Lies Ahead?
Stellantis is expected to shift its focus to electric vehicles by 2040, according to analyst Sam Fiorani. Until then, a significant number of vehicles will continue to use internal-combustion engines. On the other hand,...