Demand for BYD's cars is so nuts it had to create its own shipping fleet to export them around the world
BYD, the world's biggest electric vehicle maker, isn't just hitting roads in a major way — it's hitting the open seas.
Israel latest news
'Irregularities' in Toyota diesel engines stop HiLux, Land Cruiser 300 shipments leaving for Europe
Shipments of Toyota HiLux and Land Cruiser 300 Series vehicles bound to leave ports for Europe have been halted as Toyota addresses irregularities in its 1GD 2.8-litre, 2GD 2.4-litre, and F33A 3.3-litre turbo-diesel engines.
Tesla Model Y Is The World's Best-Selling Vehicle For 2023
An earthquake shook the auto industry in 2023. It wasn't the post-pandemic effects, nor the semiconductor shortage. The big wave came from a company that turned 20 years old last year. Tesla, the California-based EV brand and one of Elon Musk's first companies, now builds the best-selling vehicle in the world.
Porsche concerned about delays due to Red Sea disruption, regional head says
Luxury car maker Porsche is concerned about potential delays due to the disruption of shipping in the Red Sea, although there has been no impact on production so far, its regional head has said.
Business heads see Red Sea tensions causing lengthy trade dislocation
Business chiefs warned on Wednesday that disruption to shipping in the Red Sea caused by attacks by Houthi militants in Yemen could affect supply chains for months and lead to a shortage of tankers needed to transport fuel.
Tesla, Volvo pause production in Europe amid Red Sea shipping crisis
Tesla and Volvo announced last week that they were suspending some of their production in Europe due to a shortage of components caused by shipping being re-routed away from the Red Sea and Suez Canal because of the threat of attack from Iran-backed Houthi militants in Yemen.
REE Automotive begins testing electric P7-C truck in the United States
Israel-based REE Automotive has received permission to start delivering an electric truck named P7-C to customers in the United States. The brand claims that its battery-powered chassis-cab is the first by-wire commercial truck to achieve FMVSS and EPA certifications in our market.
Tesla to Idle German Gigafactory Due to Red Sea Shipping Delays
We’ve been hearing about attacks on shipments on the Red Sea for a while now, but the violence has probably felt like an isolated problem to many people. Shipping delays and logistics challenges have real consequences, though, and Tesla is finding that out the hard way.