Buffett-backed BYD’s net income jumps more than 400% on EV sales surge

BYD Co.’s revenue far more than quintupled final year immediately after the Chinese automaker sold a record selection of electrical autos and intensified its battle with Tesla Inc. for market…

Aston Martin shares surge on profitability forecast for 2023

The exterior of an Aston Martin shop. Jeremy Moeller | Getty Pictures Information | Getty Photographs LONDON — British luxurious carmaker Aston Martin Lagonda forecasts better profitability this calendar year,…

Carvana shares surge from record lows

Persons test their luck at profitable a motor vehicle from the Carvana vending machine at SXSW competition in Austin, Texas on March 12, 2016. Michelle Castillo | CNBC Shares of…

Average new car loan hits a record $40,000 as vehicle prices surge

DETROIT — U.S. consumers are responding to surging costs for new cars and vans by heading deeper into financial debt, pushing the typical new car loan to a file-significant $40,290 all…

Electric vehicle stocks surge

Rivian R1T all-electric truck in Periods Sq. on listing day, on Wednesday, Nov. 10, 2021 in New York. Ann-Sophie Fjello-Jensen | AP Beaten-up shares of many electrical-motor vehicle start-ups moved…

Surge in car-crash deaths could be magnified by new breed of EVs

All matters becoming equivalent, deciding upon an electrical automobile in excess of just one with an interior combustion engine is probably to be a superior go for the world, thanks…

Chinese EV makers see march deliveries surge

Chinese electric carmakers Nio, Xpeng and Li Vehicle are experiencing several headwinds like better raw product costs and a resurgence of Covid in China. However, they all posted a surge…

Nickel price surge could threaten automakers’ EV plans

A driver employs a rapid-charging station for electrical in the mobile cellphone good deal at John F. Kennedy (JFK) airport on April 02, 2021 in New York City. Spencer Platt…

Shares of EV start-up Nikola surge on earnings beat, revenue in 2022

San Pedro, CA – December 17: The initial two zero-emissions electrical vehicles, from an purchase of 100 vehicles, shipped from the Nikola Corporation to Whole Transportation Solutions at the Port…

Shares of autonomous driving tech company Luminar surge on Mercedes-Benz deal

Austin Russell, Luminar founder and CEO, with Markus Schäfer, Mercedes-Benz AG main engineering officer at Mercedes-Benz’ Sindelfingen, Germany plant. Mercedes-Benz Mercedes-Benz claimed Thursday it programs to use lidar technologies from…