Xiaomi says it received over 200,000 orders for a new car it priced just below Tesla's Model Y in 3 minutes
The car, which starts at $35,000, intends to compete with the Model Y, China's most popular SUV, which starts at $36,760.
Electric Vehicles
Redwood Materials diverts its huge battery hoard toward the AI energy boom
JB Straubel's startup launches Redwood Energy to turn used batteries into energy storage systems for surging AI data center power needs.
Tesla stock wobbles as the company rolls out early robotaxi invites
Tesla investors have been eagerly awaiting the robotaxi launch as a possible catalyst for the stock amid ailing sales and other concerns in 2025.
Hyundai just built a $7.6 billion EV factory in Georgia to compete with Tesla and GM — see inside
I took a tour of Hyundai's new $7.6 billion Metaplant America EV factory in Georgia that will make 500,000 cars a year.
Honda plans a $20 billion pivot to hybrids as EV sales slow
Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer demand.
Electric ships are here — but they won't be crossing oceans yet
This month's launch of Hull 096 shows that ferries are going electric too, although challenges remain, Incat founder Robert Clifford tells BI.
5 promises Elon Musk made about the Cybertruck that never happened
Tesla just canceled its $16,000 Cybertruck range extender, falling short on another of its promises for the EV pickup.
16 states and DC are suing the Trump administration over blocking funding for EV chargers
A coalition of states is suing the Trump administration over blocking EV charger funding. Tesla has been a major recipient.
Tesla faces an uphill battle as 6 major European electric vehicle markets report double-digit drops in sales
Tesla sales fell by up to 81% in some European EV markets in April, compared to last year. It comes as rivals are putting pressure on the company.
Elon Musk needs a 'Tim Cook' to run Tesla
A Tim Cook-style CEO could take Tesla's core EV operations to new heights, similar to Apple's success after Steve Jobs died.
CEO of Jeff Bezos-backed EV startup explains how it'll make the affordable $25,000 pickup no one else can
Slate Auto is a new Michigan-based EV startup backed by Jeff Bezos. Its CEO, Chris Barman, explains how it's making a $25,000 EV pickup.
EV battery maker Northvolt failed after blowing through $15 billion. This US rival thinks it won't suffer the same fate.
Northvolt's $15 billion collapse shook the cleantech industry. Its rival Redwood Materials takes a different approach in several key ways.
I visited the largest battery recycler in North America. Take a look at its huge desert campus.
Photos show Redwood Materials' plant as it builds North America's largest battery recycling operation on a vast, rapidly expanding Nevada campus.
US tariffs could give the EU exactly what it doesn't want: even more Chinese products
Chinese exporters will be looking for new markets as they face 145% tariffs from the US. Europe is a target.
Americans are buying a ton of EVs — no matter what happens with Elon
EV sales in the US climbed strongly in 2024 and are projected to keep growing this year, despite challenges facing Elon Musk's Tesla.
In the Nevada desert, a Tesla cofounder digs deep for the new black gold
As tariffs threaten global trade, Redwood Materials is building the first major domestic US supply of crucial EV battery ingredients.
BYD faces a roadblock in India — just as Tesla tries to expand in the world's 3rd largest auto market
India's commerce minister said the government has to be "convinced" BYD will "play by the rules" before the EV maker can expand in its market.
I drove this Chinese EV, and it's just another example of the trouble Tesla is in
The MG4 is one of the most popular EVs in the UK. It may not be that exciting, but it drives well, looks snazzy, and is vastly cheaper than a Tesla.
Tesla stock has surged since Musk's surprise all-hands meeting as retail investors swarm
The stock has made back a chunk of the more-than-50% loss it suffered since mid-December.
More trouble for Tesla as China's BYD crosses $100 billion barrier
China's best-known automaker saw sales explode in 2024, selling over 500,000 more cars than forecast.