Auto Industry News

China's foreign ministry said there was no basis to speculation that Beijing could try to use leverage over Tesla Inc in order to influence Twitter

VEMO, the new energy transport operator in Mexico, purchased 1000 units of D1 electric MPV from BYD Mexico, out of which 200 units have already been added to its fleet, and are operational.

Crayon Motors has partnered with Global Assure, a provider of health, wellness, and travel service, to offer its RSA services, which will be offered to all EVs that were dispatched from its plant from March 10 onwards. Other Crayon users can purchase this RSA at a nominal cost.

Lucid Group Inc on Tuesday said it has signed an agreement with the government of Saudi Arabia under which the latter will purchase 50,000 vehicles, with an option to buy an additional 50,000 vehicles during the ten-year time frame.

German Economy Minster said that the country could reduce energy consumption by switching to using trains and cycles in place of driving.

Major global trading houses are planning to reduce crude and fuel purchases from Russia's state-controlled oil companies as early as May 15

Musk called Twitter the world's "digital town square" and talked about protecting free speech. But, the move has raised concerns about the depth of executive talent at Tesla Inc, in case his attention is further divided by the social media platform.

The two smaller zero-emission truck models from Volta will start production in 2025, opening more options for urban deliveries and in EU markets with restrictions for Sunday operations.