Electric Mobility News

Elon Musk's attempt to scrap his purchase of Twitter Inc may leave the world's wealthiest person in a stronger financial position than before he unveiled the $44 billion deal, with billions of dollars in cash from selling Tesla shares now sitting in the bank.

General Motors Co's electric Chevy Blazer SUV will be vital to the automaker's effort to catch Tesla Inc in the U.S. EV market, but by the time it hits showrooms next year it will be fighting a crowd of vehicles to run second in a segment dominated by Tesla's Model Y.

Vietnam carmaker VinFast said it has tapped Credit Suisse and Citigroup to raise at least $4 billion to build its planned electric vehicle factory in North Carolina and fund its U.S. expansion.

South Korean battery maker LG Energy Solution is set to supply batteries to Mahindra & Mahindra's first electric sports utility vehicle (SUV).

Samsung Electro-Mechanics said that it is in talks with Tesla Inc to possibly supply camera modules, but that it cannot reveal the deal size or amount at this time.

Ferrari makes some of the fastest cars on the road, but the luxury Italian automaker is taking the slow lane to an electric future as it tries to overcome the technology's disadvantages against today's powerful fossil fuel engines.

China Evergrande New Energy Vehicle Group Ltd said it had received non-binding pre-orders for more than 37,000 units of its first model Hengchi 5.

Zoox, a self-driving technology firm owned by Amazon.com Inc, said it was gearing up to launch its robotaxi business, self-certifying that its vehicle with no pedals or steering wheel meets U.S. federal regulations and applying for a permit in California to test-drive it.