In a recent announcement, online retailer Amazon’s CEO Jeff Bezos has revealed that electric vehicle startup Rivian is planning to produce its third vehicle --- a new electric delivery van.

In Florida, a new initiative has been announced for a significant expansion of the charging infrastructure for electric vehicles (EVs) in the US state.

Japanese automaker Honda has presented its first electrified SUV -- the hybrid variant of the CR-V -- for the US market. The new hybrid vehicle will join Honda’s 2020 CR-V lineup in the US.

On the Laguna Seca Raceway in California, a Tesla Model S version equipped with new ‘Plaid’ powertrain has set a new record for a four-door sedan.

US automaker Ford has recently published the first images of the prototype of its forthcoming electric vehicle (EV) which is inspired by the Mustang.

Chinese government has announced reduction in reserve ratio for banks to the lowest level since year 2007. China is facing decline in consumption in the domestic market.