LG Electronics-EV charger biz SEOUL, April 22 (Yonhap) — LG Electronics Inc. announced on Tuesday that they plan to withdraw from the electric vehicle (EV) charging equipment sector due to ongoing sluggish global demand within the EV marketplace. The EV charging equipment manufacturing branch of the firm, known as HiEV Charger, will cease operations through…
The globe’s largest automobile exhibition kicks off on Wednesday in Shanghai, where international automakers are eager to demonstrate their capability to rival the highly competitive Chinese companies that lead the charge into the emerging electric vehicle market. As the dominance of petrol engines falters, established automotive shows such as those in Paris and Detroit are…
The ES was already subtly slinky for a mainstream luxury sedan—now it’s unabashedly bold, and available as an EV. Lexus might be a mostly SUV-focused brand these days, with a packed lineup that moves up from the entry-level UX through the NX, RX, three-row TX, and then to the off-road GX and LX models. But…
Electric vehicles have seen a lot of success in recent years, but there are still some concerns—from range anxiety to insufficient charging infrastructure —that limit their overall adoption. Hybrids don’t have those same worries, and hybrid sales have been gaining momentum as the growth of EV sales has slowed. That’s caused some carmakers to pull…
Hyundai Motor-India SEOUL, April 24 (Yonhap) — Hyundai Motor Group said Thursday it has partnered with the Indian Institute of Technology (IIT) Delhi to establish a new research center in India aimed at advancing future mobility technologies, with a focus on electrification and battery systems. Under their partnership agreement signed Wednesday, the two sides will…
A new development in Houston offers homeowners a unique solution to the city’s power grid problems with self-sufficient homes powered by Tesla technology. Located between the Heights and Timber Grove neighborhoods, “The Oaks of Shady Acres” features 11 three-story detached townhomes equipped with Tesla solar shingles and battery systems. The development, built by Utopia Homes,…
A distinctive and powerful introduction Volkswagen Group’s China-only electric subbrand AUDI, not to be confused with Audi, unveiled its first model at the 2025 Shanghai Motor Show. The E5 Sportback is an elongated fastback crossover of sorts, with slim lights front and back and largely angular body features. The underpinning “Advanced Digitised Platform” was developed…
The Cybertruck was meant to represent the future. By the time it launched at the end of 2023, it had accumulated years of anticipation, a backlog of preorders surpassing one million people, and a starting price nearing $120,000. Notables such as Kim Kardashian and Justin Bieber were seen driving them around. The vehicle resembled something…
Tesla CEO Elon Musk is responding to the electric vehicle manufacturer’s disappointing first-quarter financial results with some surprising rhetoric, according to CNN . What’s happening? Tesla announced its first-quarter results on Tuesday. Tesla revenue fell 9% in the last quarter, with auto revenue dropping 20%. Both drops were bigger than were forecast, but the downward…
Tesla-powered homes have entered the market in Houston. Open houses are set for Thursday and Saturday for homes part of a community of 11 Tesla-powered residences located in the Heights . Developed by Utopia Homes and listed by NextGen brokerage, the properties use Tesla solar roof shingles and Powerwall technology , which ensures “100 percent…