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The strategy is paying off. In the nine-month period starting last April, Toyota made $27 billion in profit, roughly double its earnings from the same period a year earlier. …

Tesla Inc. March 7 (Reuters) - Battery electric vehicles will be, on average, cheaper to produce than a comparable internal combustion engine by 2027 thanks to new …

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Stringer/Bloomberg/Getty Images. Beijing — Chinese electric-vehicle maker Xpeng has announced plans to launch a cheaper brand, entering a highly competitive …

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