Swedish automaker Volvo walked back their goal of solely producing electric vehicles (EVs) by the year 2030 on Wednesday, claiming that it now expects to still offer hybrid models as we enter into the next decade.
China is chasing Tesla in the race to build battery-powered humanoids expected to replace human workers building EVs on assembly lines.
President Joe Biden declared on Tuesday that, in an effort to counter what he says are unfair trade practices by its international rival, the White House is raising tariffs on $18 billion worth of Chinese goods, which includes electric cars (EVs).
Zeekr will this week publicly release some details of its plans to list shares in New York.