EU Car Sales Hit Three-Year Low in August, EV Sales Plunge 44%
New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged down by […]
EU Car Sales Hit Three-Year Low in August, EV Sales Plunge 44% Read More »
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EVs Set to Capture Up to 24% of the EU Market by 2025, T&E Estimates
Battery-electric cars (BEVs) sold in the European Union are set to reach a total market share of between 20% and
EVs Set to Capture Up to 24% of the EU Market by 2025, T&E Estimates Read More »
China Warns Italy: EU Probe into Electric Vehicles Hurting Investor Confidence
BEIJING – On Monday, Chinese Commerce Minister Wang Wentao said the EU investigation into Chinese electric vehicles was seriously affecting
China Warns Italy: EU Probe into Electric Vehicles Hurting Investor Confidence Read More »
US Imposes Steep Tariff Hikes on China, Some Industries Warn of Disruptions
On Friday, the Biden administration locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles,
US Imposes Steep Tariff Hikes on China, Some Industries Warn of Disruptions Read More »
Volvo Trucks Delays Construction of Battery Plant in Sweden
COPENHAGEN – Sweden’s Volvo, a global leader in electric trucks, said it would delay the construction start of its planned
Volvo Trucks Delays Construction of Battery Plant in Sweden Read More »
US House Passes Bill Targeting China That Would Limit EV Tax Credits
WASHINGTON – The U.S. House of Representatives narrowly voted on Thursday to approve legislation to tighten rules limiting Chinese content
US House Passes Bill Targeting China That Would Limit EV Tax Credits Read More »
Carmakers Hit Brakes on Electrification Push as EV Demand Slows
Several global automakers are scaling down their electrification targets, hurt by slowing demand for fully electric vehicles due to a
Carmakers Hit Brakes on Electrification Push as EV Demand Slows Read More »
Stellantis (NYSE: STLA) Pauses Electric Fiat 500 Production Due to Weak Demand
ROME – On Thursday, Stellantis (NYSE: STLA) said it would suspend production of the fully electric Fiat 500 small car
Stellantis (NYSE: STLA) Pauses Electric Fiat 500 Production Due to Weak Demand Read More »
China Drives 20% Rise in Global EV Sales While Europe Hits 19-Month Low: Report
Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 20% in August, driven by record high
China Drives 20% Rise in Global EV Sales While Europe Hits 19-Month Low: Report Read More »
Stellantis (NYSE: STLA) to Invest $406 Million in Michigan to Develop Shared EV and Hybrid Platforms
On Wednesday, Stellantis (NYSE: STLA) said it would invest more than $406 million in three facilities in Michigan to develop
BYD Boosts 2024 Sales Target to 4 Million Vehicles: Report
BEIJING – BYD, the Chinese electric automaker, aims to sell 4 million vehicles this year, Morgan Stanley said in a
BYD Boosts 2024 Sales Target to 4 Million Vehicles: Report Read More »
EU to Cut Proposed Tariffs on Tesla (NASDAQ: TSLA) and Other Chinese EVs
BRUSSELS – The European Union will lower proposed final tariffs on Tesla (NASDAQ: TSLA) and slightly trim rates for other
EU to Cut Proposed Tariffs on Tesla (NASDAQ: TSLA) and Other Chinese EVs Read More »
US Regulators Force Volkswagen to Recall 98,806 EVs Over Door Handle Issues
On Tuesday, the U.S. National Highway Traffic Safety Administration said that Volkswagen would recall 98,806 electric SUVs to fix their
US Regulators Force Volkswagen to Recall 98,806 EVs Over Door Handle Issues Read More »
Musk Clears the Air: xAI Not in Talks Over Tesla Revenue Share
Elon Musk denied a report that his artificial intelligence startup xAI has held talks for a share in future Tesla
Musk Clears the Air: xAI Not in Talks Over Tesla Revenue Share Read More »
Volkswagen Cuts Production at German Battery Facility Due to Cost Pressures
BERLIN – Volkswagen’s PowerCo battery subsidiary will build just one of two planned production lines at its Salzgitter plant in
Volkswagen Cuts Production at German Battery Facility Due to Cost Pressures Read More »
Toyota Motor (NYSE: TM) Lowers 2026 Global EV Output Plans by a Third, Nikkei Reports
TOKYO – Japan’s Toyota Motor (NYSE: TM) has slashed its electric vehicle production plans for 2026 by a third, the
Toyota Motor (NYSE: TM) Lowers 2026 Global EV Output Plans by a Third, Nikkei Reports Read More »
Tesla (NASDAQ: TSLA) Stock Gains Amid Full Self-Driving Launch Plans for China and Europe
Tesla (NASDAQ: TSLA) shares rose more than 6% on Thursday after the electric automaker stuck to its plans to launch
BMW to Launch Its First Hydrogen Car in 2028 in Collaboration with Toyota Motor
BERLIN – BMW aims to bring its first hydrogen-powered vehicle onto the market in 2028, using fuel cell technology developed
BMW to Launch Its First Hydrogen Car in 2028 in Collaboration with Toyota Motor Read More »
BYD Faces Tough Test in Japan Amid Global Expansion Efforts
YOKOHAMA, Japan – BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in Japan, aiming
BYD Faces Tough Test in Japan Amid Global Expansion Efforts Read More »
UK New Car Sales Dip 1.3% in August, SMMT Reports
New car registrations in Britain fell slightly in August, industry data showed on Thursday, in line with expectations of a
UK New Car Sales Dip 1.3% in August, SMMT Reports Read More »
China Urges US to ‘Immediately’ Lift All Tariffs on Chinese Goods
BEIJING – The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday,
China Urges US to ‘Immediately’ Lift All Tariffs on Chinese Goods Read More »
Volvo Cars Cuts Margin and Revenue Outlook for Second Time in 2024
On Thursday, Volvo Cars, the Swedish automaker, slashed its margin and revenue ambitions for a second time in a year,
Volvo Cars Cuts Margin and Revenue Outlook for Second Time in 2024 Read More »
Mullen Automotive (NASDAQ: MULN) Stock Jumps Amid First EV Shipments for $210M Volt Mobility Deal
Mullen Automotive (NASDAQ: MULN) stock inclined over 3% during intraday trading Wednesday after the company announced the shipment of its
Volvo Cars Updates SUV Hybrid as Pure EV Plans Take a Backseat
On Wednesday, Volvo Cars said that plug-in hybrids would continue to be a critical part of its profit growth plans
Volvo Cars Updates SUV Hybrid as Pure EV Plans Take a Backseat Read More »
