Electric vehicles
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worldChina Resilient Amid Global Energy Crisis
Despite disruptions from the Iran conflict, China's diverse energy sources and robust reserves help mitigate impact.
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financeVolkswagen Slashes 50,000 Jobs Amid Profit Plunge
Volkswagen announces massive job cuts in Germany by 2030, citing declining profits, intense competition, and the shift to electric vehicles.
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financeDenso Eyes Rohm Acquisition: A $8.3 Billion Semiconductor Power Play
Japanese auto parts giant Denso proposes to acquire chipmaker Rohm in a potential $8.3 billion deal, aiming to dominate the power semiconductor market for EVs and data centers.
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financeTesla UK Sales Drop Sharply, BYD Gains Market Share
Tesla's UK vehicle sales saw a significant decline in February, while Chinese competitor BYD reported strong growth, indicating shifting market dynamics in Europe.
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techLamborghini Shifts Gears: Electric Lanzador Scrapped Amidst Supercar Buyer Hesitation
Lamborghini cancels its all-electric Lanzador concept, citing slow EV adoption in the luxury super sports segment. The brand will instead focus on plug-in hybrids.
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techLamborghini Halts Electric Supercar Plans Amidst Weak Luxury Demand
Lamborghini delays its first all-electric supercar, opting for plug-in hybrids due to lukewarm reception from luxury buyers and a focus on emotional driving appeal.
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techTesla Slashes Cybertruck Prices Amidst Sales Push
Tesla announces significant price cuts for its Cybertruck, introducing a new entry-level model and reducing costs on higher trims to boost sales.
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financeSingapore Car Premiums Shift: Category B Prices Drop Below Category A
COE premiums in Singapore see mixed results, with Category B car prices falling below Category A for the first time since 2018, following new rebate scheme announcements.