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Govt directs PSU banks, insurers to cut costs, switch to EVs amid rising pressure from West Asia crisis
38+ min ago (248+ words) The Finance Ministry on Monday directed state-run banks, insurance companies, and financial institutions to adopt a series of cost-cutting measures, including curbs on travel and a phased shift to electric vehicles (EVs), according to an official order reviewed by Reuters....
A quarter of car buyers go full electric
1+ hour, 23+ min ago (193+ words) Nearly a quarter of car buyers expect their next vehicle to be electric, according to new research from Cazoo & Motors. Its Consumer Insight Panel polled over 2, 000 buyers and found that 24% expect to go electric with their next purchase. This is…...
Old Economy Cash Flows vs Future Mobility: Tesla Vs. Ford Trade
48+ min ago (993+ words) FLASH SALE: Secure your Investing Pro subscription for the LOWEST PRICE OF 2026 NOW Buckling global bonds in focus; Samsung shares jump - what's moving markets Investor focus shifts to Fed, fiscal policy as war tensions recede Why China is positioned to…...
Diverse automobile hub unveils tech-driven automotive centre in Benin
2+ hour, 1+ min ago (318+ words) BENIN CITY " A new chapter in automobile technology and clean energy transportation is set to begin in Edo State as Diverse Autocare Centre has announced plans for the unveiling of its newly developed Diverse Automobile Hub and CNG Conversion Centre…...
Real-World Testing Finds EVs, Hybrids Miss Range and Fuel Targets
3+ week, 2+ day ago (19+ words) Results from the Australian Automobile Association highlighted significant gaps between manufacturers" claims and real-world EV and hybrid performance....
Lamborghini unveils 1, 001 HP Revuelto NA63 with only 63 units to mark anniversary and a very special tribute to North America
1+ hour, 12+ min ago (381+ words) Published on May 18, 2026 at 1: 10 PM (UTC+4) by Alessandro Renesis Lamborghini just unveiled yet another limited-edition Revuelto, and this one " the Revuelto NA63 " was designed exclusively for North America. It's called the Revuelto NA63, and it has over 1, 000 horsepower. NA stands for North…...
Lotus hits a wall in search for European EV battery partner
1+ hour, 22+ min ago (543+ words) "In the EU, it simply didn't work as we expect." For Lotus, the road to expanding its electric vehicle plans in Europe is running into a major obstacle: batteries. As Bloomberg reports, the automaker is struggling to line up a…...
Chinese Automakers Target European Plant Acquisitions to Avoid Tariffs
34+ min ago (453+ words) Businesskorea Chinese EV makers seek local production to dodge EU tariffs and speed market entry Chinese automakers are accelerating the expansion of local production in Europe by successively attempting to acquire factories in the region, leveraging their financial power. This…...
Chinese newcomer might have Tesla's number
1+ hour, 22+ min ago (1121+ words) Three months with the 2026 Zeekr 7 X RWD have come and gone at an alarming rate. But I've immensely enjoyed my time with the fully electric mid-size SUV, which impresses on so many fronts. The 7 X is so impressive, in fact,…...
BYD Hires Former Nissan Engineer to Conquer Japanese Market via Racco
1+ hour, 4+ min ago (450+ words) JAKARTA - BYD is preparing to enter the Japanese mini car market through the launch of an electric K-Car named Racco this summer. According to reports, the development of the model also involves former Nissan engineer, Hirohide Tagawa. Launching from Nikkei,…...
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