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French government pauses low-income EV subsidies due to overwhelming demand.Initial budget of €1.5 billion for 20,000 leases raised to 50,000; program resumes next year.Cash incentives of €5,000 to €7,000 offered to car buyers; eligibility...

Tesla's 2023 credit added $1.79 billion revenue, benefitting from its exclusive focus on electric vehicles.Since 2009, selling surplus credits to struggling automakers has earned Tesla nearly $9 billion.Recent reports indicate a decline in credit...

BYD gives us an official sneak peek of the ultra-affordable Yuan Up SUV, set to shake up the market with a price range between $14,000-$20,000.Despite toppling Tesla in EV sales, BYD targets Europe and...

Polestar anticipates growth with a 2024 product lineup and potential investment from Geely.Volvo considers adjusting Polestar shares while cutting funding, remaining a strategic partner.Challenges persist, and Polestar seeks additional funding from Geely amid promising...

Launched at £59,990 in Europe and Australia, Polestar 4 combines coupé aerodynamics with SUV spaciousness, prioritising sustainability.Polestar's fastest, excelling in performance, Google-integrated tech, and safety features.With innovative design, eco-friendly approach, and advanced features, Polestar...

BYD unveils family-oriented electric SUV, BYD SEAL U, for European markets.Notable features include cobalt-free Blade Battery (500 km range), premium cockpit & advanced safety.Available in Comfort and Design configurations from February 2024, starting at...