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Business

Reuters
Jun 06, 2025

Tesla’s $380b wipeout marks biggest 2025 loss among top companies

The market capitalization of the Musk’s company Tesla falls from 29.3 per cent to $917 billion so far this year, the biggest drop among big companies in the world

World

AFP
May 20, 2025

Musk says will spend ‘a lot less’ on political campaigns

“In terms of political spending, I’m going to do a lot less in the future”

Business

Reuters
Apr 07, 2025

Toyota to boost EV models to 15, targets producing 1 million by 2027, Nikkei says

Expanding production to the United States, Thailand and Argentina can help hedge against tariff and foreign exchange risks and cut delivery times, says the company.

Business

Reuters
Apr 02, 2025

India backs EV tariff cuts for Trump trade deal, defying autos lobby

India’s EV sales accounted for just 2.5% of total car sales of 4.3 million in 2024, and India wants to increase this to 30% by 2030.

Latest

AFP
Mar 20, 2025

Battery factory worth €800m to be built in Finland

The battery plant, to be located in Kotka in southeast Finland, will initially produce 60,000 tonnes of cathode active material annually.

Business

AFP
Feb 22, 2025

China’s EV maker XPeng eyes doubling global presence by year’s end

XPeng which designs high-end cars, already has stores in several European countries, including France, Germany, Sweden and Norway.

Latest

Hum News
Dec 12, 2024

Go electric: All Islamabad petrol pumps to get EV charging stations

The government has announced the installation of EV charging stations across all petrol pumps within Islamabad

Technology

DW
Jul 05, 2024

EU slaps tariffs of up to 38 per cent on Chinese electric vehicles

As of Friday, the new provisional tariffs will be added to the existing 10 per cent import duties. A final decision on the tariffs is set for November as Brussels and Beijing aim to resolve the conflict through negotiations.