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Audi and SAIC strengthen cooperation in China BEVs.

This story was first published on the Benzinga India portal. The probable entry of Tesla Inc. (NASDAQ: TSLA) into the Indian market is seen as a positive development by the country's leading luxury car seller, Mercedes-Benz. The company is of the viewpoint that Tesla's arrival will boost the overall growth of the electric vehicle (EV) market. Santosh Iyer, MD & CEO of Mercedes in India, during a recent interview with the country's Times of India newspaper, stated, “Our EV charging bays will be o

Good morning! It’s Friday, April 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

Stellantis said on Thursday it will launch production of medium-sized electric vans in 2025 at its Luton plant in England, providing some long-term certainty for a factory that has been producing vans for 92 years. The world's fourth-largest automaker by sales said starting in the spring next year Luton will produce five electric models including the Vauxhall Vivaro Electric, Peugeot E-Expert and Fiat Professional E-Scudo in both right- and left-hand drive versions. Stellantis already makes small electric vans at its other UK plant in Ellesemere Port.

It's still possible to find a cheap electric car in the $30,000 to $40,000 price range, even as average EV prices remain stubbornly high.