The stock’s high valuation is another reason for caution. Tesla shares trade at 92 times forward earnings, compared to 21 times for the S&P 500 and an average of 28 times for Tesla’s mega-cap peers.
Hyundai Motor Group, including Kia, doesn’t expect to launch solid-state EV batteries until 2030, at the earliest. The company ...
China’s second-largest carmaker lists China International Capital Corp, Huatai Securities and GF Securities as joint IPO ...
Volkswagen’s electric SUV is making a comeback. Last month, the Volkswagen ID.4 topped Tesla’s Model Y to become the best-selling EV ...
Deborah Elms, head of trade policy for the Hinrich Foundation, said: “I do not know anyone who anticipated another 10% tariff ...
China represents the largest market for Western car companies operating globally. Success in this market requires ...
Last year alone, India recorded 1.47 Lakh in EV car sales , outpacing the total number of sold units in last six years.
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Checkmate Tesla and BYD?
Kia has revealed its new path to global EV domination. The South Korean brand debuted several new models and hinted at even ...
China's Chery Automobile has applied for an initial public offering in Hong Kong, seeking funds to develop new vehicles and ...
The BYD Shark 6 dual-cab ute is a five-star car, according to the Australasian New Car Assessment program (ANCAP). The ...
To meet rising demand, lithium producers are scaling up operations. New mining projects, expanded refining capacity, and ...
U.S. chipmaker Nvidia’s auto segment revenue doubled in the latest quarter to its highest on record as demand for driver-assist software picked up.