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Tesla’s value drops $50 billion as Musk’s promised cheaper battery three...

Investors slashed $50 billion from Tesla Inc's  market value on Tuesday despite CEO Elon Musk's promise to cut electric vehicle costs so radically that a...

Jaguar to make multi-million pound electric car investment in UK plant

Britain’s biggest carmaker Jaguar Land Rover  is making a multi-million pound investment to build electric vehicles in its home market, in a major boost...

Toyota speeds up electrified vehicle schedule as demand heats up

Toyota Motor Corp aims to have half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and said it...

Tesla deliveries drop due to challenges shipping to Europe and China

Tesla Inc deliveries fell 31 percent in its first quarter as the electric car maker struggled with its first shipments of the Model 3...

Ford to refund ‘engine fail’ EcoBoost customers

Ford has offered to refund thousands of pounds to customers whose engines have failed, following a BBC investigation. Hundreds of customers have said their cars...

Toyota has profits

Japanese car giant Toyota has posted a 7.2% jump in quarterly net profits, beating expectations and surprising analysts. Net income came to 657.3bn yen ($5.88bn;...

Car industry investment crashes

Investment in the UK’s motor industry has halved because of uncertainty over Brexit, according to the sector’s trade body. New data from the Society of...

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