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Volvo Cars will not reduce EV prices like Tesla

Rowan said lithium prices, a major source of cost for EVs, had started to decline. This was despite Chile, the world's second largest producer of the metal, saying it would nationalize its lithium industry. He added that more lithium…

BYD passes VW as No. 1 brand in China

BYD is China’s best-selling car brand for the first time, dethroning Volkswagen as it continues its meteoric rise. The Warren Buffett-backed electric-vehicle maker leapfrogged its German rival in the first quarter, selling more than…

Is Tesla penalizing Chinese workers? They think so

Tesla factory workers in Shanghai criticized the automaker and CEO Elon Musk over cuts to their performance bonuses that some believe are linked to a fatal accident at the plant.The situation marks a rare outburst of discontent at Tesla's…