69,000 Chevy Bolt EV Recall by General Motors Due to Risk of Battery Fire   General Motors said Friday it was issuing a new recall for about 69,000 Chevrolet Bolt electric vehicles worldwide for fire hazards following reports of two battery fi...

By the End of 2025 NIO Inc, Plans to Build more than 4000 EV Battery Swap Stations   EV's Startup NIO Inc celebrated its NIO Power Day on 9 July in Shanghai. The Company shared its plan to develop its ecosystem for electric vehicle charging, t...

NIO Electric Vehicle Manufacturer Equip its Upcoming ET7 Sedan with Silicon Carbide Drive Unit   Electric vehicle start-up NIO Inc., plans to use its new silicon carbide (SiC) electric drive system in future electric vehicles, starting with th...

To Collect and Process Real-Time Vehicle Data to Improve Safety Volvo is Building 225 Million GB Data Canter   Volvo Cars hosted a technology day on Wednesday where company executives shared a roadmap for the company's future plans. Most of Vo...

Mercedes-Benz Luxury Brand Decided to Go All-Electric by 2030   German luxury automaker Mercedes Benz has stepped up its electrification plans and will only produce fully electric passenger vehicles by 2030. By 2022, Mercedes-Benz has said it ...

$600 Million Investment of Traton, Volvo and Daimler for Joint Venture on Ev Charging Commercial Trucks in Europe   Daimler, Volvo, and the Volkswagen Traton truck unit have announced plans to form an electric vehicle charging joint venture to...

Tesla Breaks Record Selling of EVs in Second Quarter of 2021 by Selling 201,250 Units   Tesla has become the world's most valued automaker, and the rapid sale of its electric vehicles proves that Tesla's mission to shift the world to sustainab...

Battery Manufacturer Company Panasonic Sells All Its Stakes in Tesla Which Worth Around $3.6 Billions   In the end of  March Panasonic Corp sold its stake quietly which was worth around $3.61 Billions (400 Billion yen). This decision was ...

USD / JPY  Technical Analysis - Small Pivot at 108.851 Controls Price Action   The main trend is up according to the daily swing chart. Trading through 109.362 will signal the resumption of the uptrend. Trading down to 104,923 will revers...

The Continued Movement of Yuan Below 108,230 will be the First Sign of Weakness   The dollar/yen rise to its highest level since June on Friday as comments from Federal Reserve Chairman Jerome Powell and better-than-expected employment data in...

USD / JPY Analysis: Trading at 104.80   During the Friday morning hours, USD / JPY climbed to 104.80. The exchange rate is expected to rebound off the resistance of the weekly R3 and Fibonacci 23.60% in the 105.00 region. Note that the price m...

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...