Tesla Motors is one of the world’s leading automotive & technology companies and Elon Musk is known to take up challenging tasks.

German motor vehicle manufacturer Volkswagen (VW) has confirmed that it is seriously mulling a plan to launch at least one plug-in hybrid electric vehicle (PHEV) in the United States.

VinFast LLC, a fast growing Singapore-based automobile manufacturer, foresees an opportunity to break even as sales of its electric vehicles (EVs) are expected to make a huge jump this year.

BYD Limited, a publicly listed Chinese company headquartered in the Shenzhen area of Guangdong, enjoyed an impressive jump of around 100 per cent in its plug-in car sales in April 2023.

American electric car pioneer Tesla Motors successfully maintained solid production and sales of its Made-in-China (MIC) Model 3 and Model Y BEVs in April, preliminary sales data revealed.

Amid the world’s accelerating shift from gas-guzzling internal combustion engines (ICEs) to environment-friendly electric powertrains, Tesla maintained its dominance in terms of sales last year.