Auto Sector

Rivian won’t join Tesla & Lucid in cutting prices to boost sales: CEO Scaringe

Rivian won’t join Tesla & Lucid in cutting prices to boost sales: CEO Scaringe

American electric vehicle (EV) manufacturer Rivian Automotive Incorporated has no plans to bow to market pressure and cut prices of its EVs to boost sales, Chief Executive Officer (CEO) Robert Scar

France’s total passenger plug-in car sales grow 54% to 32,208 units in July 2023

France’s total passenger plug-in car sales grow 54% to 32,208 units in July 2023

Sales of new passenger cars in France increased at a considerable rate in July this year, thanks mainly to the plug-in electric car segment that grew even faster than the general market.

Tesla’s China-made EV wholesale shipments jump 128% in July 2023

Tesla’s China-made EV wholesale shipments jump 128% in July 2023

Overall wholesale shipments of Tesla’s Made-in-China (MIC) electric cars, including local retail sales and exports to foreign markets, jumped more than 100 per cent to over 64,000 units in July 202

BYD Atto 3 e-SUV outsells Tesla Model Y in Sweden in July 2023

BYD Atto 3 e-SUV outsells Tesla Model Y in Sweden in July 2023

China’s fast-growing electric vehicle (EV) brand BYD Limited sold twice as many all-electric Atto 3 SUVs in Sweden in July 2023 as Tesla sold Model Y crossovers.

Volvo USA enjoys three-fold increase in plug-in car sales in July 2023

Volvo USA enjoys three-fold increase in plug-in car sales in July 2023

Volvo Cars USA, the American arm of Swedish multinational manufacturer of luxury vehicles, enjoyed a significant jump in its sales in the US market in July 2023, thanks partly to solid sales of plu

Fisker cuts production target after suffering Q1 & Q2 2023 losses

Fisker cuts production target after suffering Q1 & Q2 2023 losses

California-based EV manufacturer Fisker Incorporated has cut its production forecast for the current year as it missed quarterly forecasts and suffered a considerable loss.

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