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Toyota’s profit slides; reports supply chain issues and rising costs
Toyota, which reported a record profit for the year ended March 2022, has seen its fortunes reversed in the last quarter, which saw it grappling with supply chain issues and rising operating costs. The Asian […]
IONIQ 5 EV production may be disrupted by Infineon chip flaws
Hyundai Ioniq 5, the winner of the World Car of the Year, will witness production hiccups thanks to a problem with chips made by Infineon. As reported by KED Global, industry sources in South Korea said the […]

Sales of almost every BMW fell, except EVs
In what can only be described as a bit of a surprise, German heavyweight auto manufacturer BMW is experiencing a drop in sales across its entire line-up, except for its EVs. Overall, the company saw […]

NIO is working on a new economy sub-brand
NIO is working on a third sub-brand that will produce affordable EVs for the Chinese market. This at least reporting coming from 36 Kyrpton. NIO has not named the brand yet, but it is known […]

Lucid cuts production expectations and brings on a Stellantis vet to lead operations
Lucid Motors cut production expectations for the second time in a year as the company deals with supply chain and logistics challenges. As per Lucid, the company now has 37,000 reservations for its Air electric […]

Tesla adds Model S and Model X Plaid prices and estimated delivery window in Europe
Tesla added Model S Plaid and Model X Plaid prices and estimated delivery dates in Europe this morning. The Model X Plaid is listed at 140,990 Euros. While the Model S Plaid is listed at […]