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Latest News and Articles about Electric Vehicles

BYD Sales Plummet 12% in October: Can Blockchain Save the EV Giant?

BYD’s October Sales Crash: Can Blockchain Steer the EV Giant Back on Track? China’s electric vehicle (EV) heavyweight, BYD, has slammed into a wall with a 12% year-on-year sales drop in October, reporting 441,706 units sold, while its stock price cratered to HK$98.70—its lowest since February. As competition rages in the world’s largest EV market […]

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Seres Group Raises $1.8B in Hong Kong IPO: EV Giant’s Crypto Potential Explored

Seres Group Powers Up with $1.8 Billion Hong Kong IPO: EV Giant Eyes Global Roads Chinese electric vehicle (EV) powerhouse Seres Group has electrified the financial markets by raising a hefty $1.8 billion through its initial public offering (IPO) in Hong Kong. This landmark move not only cements Seres as a frontrunner in the new […]

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Porsche Shocks Market: Ditches EV Plans Amid China Slump and Tech Fails

Porsche’s EV U-Turn: China Slump and Tech Woes Force a Hard Pivot Porsche, the storied luxury automaker, has slammed on the brakes of its electric vehicle (EV) ambitions, citing a catastrophic sales drop in China and a belief that battery-powered cars can’t match the visceral punch of traditional engines. With new CEO Michael Leiters set […]

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Automakers Cut EV Prices After Tax Credit Ends: Blockchain and Bitcoin Solutions?

Automakers Slash EV Prices Post-Tax Credit: A Blockchain and Bitcoin Opportunity? Major automakers Ford, General Motors (GM), and Hyundai are rolling out significant price cuts on electric vehicles (EVs) following the expiration of the $7,500 federal tax credit on September 30, 2025. While this move aims to keep EV sales afloat amid a strong third […]

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BYD Hits Brakes: EV Giant Cuts Production Amid China Chaos and Global Expansion Risks

BYD Slams the Brakes: Chinese EV Titan Reins In Amid Domestic Chaos and Global Gambles Chinese electric vehicle (EV) behemoth BYD, recently crowned the world’s top EV maker ahead of Tesla, is hitting a wall of unsold cars and cutthroat pricing at home. Now, it’s scaling back its once-relentless expansion while chasing new horizons abroad. […]

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