China’s Strategy to Dominate Global EV Market, Poses Existential Threat to US Auto Industry BYD EVs waiting to be loaded. Photograph by STR/AFP via Getty Images A Paradigm Shift in Global EV Market China’s electric vehicle (EV) industry has overtaken the competition by dethroning Tesla in global EV sales. Tesla’s CEO, Elon Musk, has explicitly … Read more
General Motors has overtaken rival Toyota Motor to remain the best-selling automaker in the United States in 2023, as easing supply bottlenecks and sustained increased demand propelled the industry to its best year since the Corona pandemic. The company sold 2.6 million new cars in the United States in 2023, an increase of 14.1 percent … Read more
Japanese car company Honda intends to make an electric transition through two models developed in cooperation with the car company General Motors. The Japanese automaker said it will start selling its first electric car in this market early next year. Announcement Honda unveiled its Prologue model in Michigan. The electric SUV was developed in partnership … Read more
AFPLmembers meeting of the United Automobile Workers last month in Michigan NOS News•today, 05:41•Changed today, 07:22 In the US, about 13,000 employees at three car factories are quitting their jobs to demand higher wages and better working conditions. United Auto Workers (UAW) union leader Shawn Fain made the announcement shortly before the expiration of the … Read more
After electric car maker Tesla announced it would give Ford access to its Supercharger network, billionaire Elon Musk’s company decided to do the same for another rival, General Motors. The company’s electric cars will be able to use Tesla’s charging stations. General Motors CEO Mary Barra commented that the Tesla deal would save the automaker … Read more