Page 74 - Evs News Today

International Business News: NEW DELHI: Tesla has reduced the prices of its EVs in several key markets, including China and Germany, amid declining sales and growing competition.

Tesla has slashed prices on its bestselling car while investors and potential future buyers wait for word on the low-cost vehicle.

TOKYO -- Honda Motor group supplier G-Tekt will partner with global steelmaking giant ArcelorMittal on a cheaper alternative to casting auto chassis p

Demand overall plummeting, the longer-term outlook isnt bride for elon musks company? check out these numbers first quarter sales dropped for the first time in almost four years. >> its share of the ev market is down from 62% to 51 teslas market cap, or what the companys worth down by more than half from its one peak in 2021 and this week, the company announced its laying off more than 10% of its global workforce, around 14,000 people. >> qarrah wires tesla in trouble if only someone said this a...

Well, another point of frustration for drivers is the scarcity of charging stations and a lack of rapid charging docks. and those issues, they�*ve contributed to the so—called range anxiety, and that�*s hampered government�*s efforts in persuading people to make the switch to electric. so, how do we solve the problem? well, to find out, i caught up with one of the bosses at the organisation trying to do just that. andre kaufung, great to have you on the show. and, andre, iwant to start w...

As generous government subsidies end and electricity prices surge, sales of evs are slowing around the world. so what can governments and carmakers do to recharge consumers�* interest? im going to be discussing all of that with these three. there they are, the boss of the organisation working to make charging evs easier. a global ev battery expert and the state secretary for the norwegian ministry of transport, who explains just how norway has become a super player in the electric vehicle mark...

But the critical thing is the supply chain, the battery manufacturing is moving to areas of renewable electricity. so this figure is going to improve. henry, as we know, china, it is of course the dominant player, notjust in making evs, but also supplying the batteries. but the us in particular sees chinese evs as a threat to its own auto industry, and its offering incentives to car owners to buy non—chinese vehicles, also to carmakers to source batteries elsewhere. do you think thatll work, o...

Cars are only as good as the infrastructure there to charge the cars. and, you know, it�*s an ongoing concern about infrastructure. so are you confident people are going to be happy to make the switch? it�*s really going to take the entire community coming together to create that. the auto manufacturer, certainly, but also the public sector and the private sector really working together to create the infrastructure that customers need. what i tell my team all the time, and what we talk about...

But prices of evs, they are staying high and that, according to the experts, is behind the worrying slow—down. and now manufacturers are not so optimistic about the year ahead, with tesla announcing weaker sales than expected and its chinese competitor byd seeing sales slump in february. but that said, while ev sales are slowing, it is still a growing market. global ev sales grew by 21% compared to this time last year. the worlds largest electric vehicle market, its china. it saw nearly 15% gr...

Decided to, you know, de—risk from china, reduce its reliance on chinese supply chains, and sees chinese electric vehicles as challenging automotive industries in the west and, you know, threatening thejobs, the employment and the economic growth those industries provide. but the challenge is chinas dominance in many areas of clean energy, especially electric vehicles, is so great that its extremely hard for the us to cut that reliance overnight. and, henry, weve seen recent advances in the wa...