Chinese Baidu Plans to Launch a Smart Electric Car Company   Baidu announced on Sunday that it plans to establish a company to produce "smart" electric cars (EV) and has entered into a strategic partnership with the Chinese automaker Zhejiang ...

Tesla Delivers Nearly 500,000 Cars in 2020, Breaking the Record   Tesla delivered a total of 499,550 electric vehicles, and the Model 3 and Model Y made the majority of these cars. Tesla's two most affordable cars accounted for 442,511 units d...

Volkswagen Shows Off its Autonomous EV Charging Robot Concept   One way to increase the adoption of electric vehicles is to make charging more convenient for drivers. German carmaker Volkswagen aims to make charging electric vehicles as easy a...

Apple Plans to Launch an Electric car in 2024   Apple Inc. makes some of the world's most popular consumer electronics, including laptops, iPhones, iPods, etc. Now it looks like Apple is planning to add electric vehicles to its portfolio. The ...

General Motors Updates Plans for a Zero Emission Vehicles   The company will introduce 30 new electric vehicles globally from Chevrolet, Buick, GMC and Cadillac by the end of 2025. Additionally, 40% of GM models made in the United States will ...

Battery Electric Cars Accounted for 54% of all New Car Sales in Norway in 2020   Norway became the first country in the world in which the sale of electric cars surpassed those that run on fossil fuels. In 2020, battery electric vehicles (BEV)...

China Reduced Tariffs on Hydrogen Fuel Cell Components   China will reduce tariffs on components related to fuel cells imported into the country in 2021, spurring the development of hydrogen fuel cell vehicles (FCVs), Chinese news outlet Gasgo...

Chinese Electric Vehicle Startup NIO Unveils its First Electric Sedan on January 9   Chinese electric vehicle startup and challenger Tesla NIO will unveil its first sedan next month. The new Nio sedan will make its debut on the upcoming NIO Da...

USD / JPY Forex Technical Analysis     Dollar/yen fell relatively slowly on Friday with most major traders on the sidelines due to the Christmas holidays. The price action over the past six sessions shows that the bears are taking a brea...

USD / JPY technical analysis - a test of the weakness of the retracement zone of 105,113 to 105,570   USD / JPY weakened on Friday as investors shifted proceeds from selling risky assets to safe-haven Japanese yen amid concerns about economic ...

USD / JPY Weekly Outlook: Pandemic Fears have Resurfaced, But US Elections will Affect Markets   The safe-haven trading of the Japanese yen has been the dominant corridor in USD / JPY this week. A return to partial closings in France and Germa...

USD / JPY Technical Analysis: Expect a Stronger Stimuli   After six consecutive trading sessions, the USD / JPY pair attempted an upward correction, and gains were halted around the 105.69 resistance level before settling around 105.39 at the ...