The Latest Breaking News on Electric Vehicles

Vietnamese automaker VinFast plans to spend up to $2 billion to build an electric vehicle factory in India, the world's third-largest auto market by sales

Vietnamese carmaker VinFast said it will build its first electric vehicle factory in India as part of a planned $2 billion investment, as it looks to expand into the rapidly growing market.

The auto industry’s prospects look attractive with rising demand for personal and commercial vehicles and an increasing shift to electric vehicles. Auto stocks General Motors (GM) and Honda Motor (HMC) are well-positioned to benefit from the industry tailwinds. However, which of these is a potential auto stock for 2024? Read…

In Q4 2023, Volkswagen ID.4 sales in the U.S. amounted to 10,634, which is almost 13% more than a year ago and the second consecutive five-digit result.

In December, Ford sold 10,148 all-electric vehicles, which is 30% more than a year ago and a new monthly record. In Q4 sales amounted to 25,937 (up almost 28%).

US vehicle sales got a boost from strong demand in 2023, due in part to attractive offers by automakers and dealers in the face of high interest rates and stubborn inflation.

Ford is recalling some trucks over issues with a tow package that could increase the risk of a crash.

This week Ford announced an updated pricing of the 2024 Ford F-150 Lightning pickup, which in the case of most versions, has become more expensive.

Shares of the company more than doubled in 2023.