China

China'S Byd Has Overtaken Tesla As The World'S Best-Selling Maker Of Electric Cars. In The Final Quarter Of Last Year, Byd, Backed By Warren Buffett, Sold 526,409 Fully Electric Vehicles, Outpacing Tesla'S 484,507.

BYD Contractor Denies Labor Violation Claims at Brazilian Factory Site

Chinese electric vehicle manufacturer BYD’s contractor Jinjiang Group has strongly refuted allegations of “slavery-like conditions” at its Brazilian factory construction site, characterizing the claims as a misunderstanding stemming from translation and cultural differences, reports Reuters. The controversy emerged after Brazilian…

Chinese Ev Makers Defy Eu Tariffs At Paris Auto Show

China’s EV Surge Signals Structural Shift in Global Oil Markets

China‘s rapid electric vehicle adoption is creating unprecedented pressure on traditional oil markets, with potential long-term implications for global energy dynamics. The world’s largest automotive market is witnessing a fundamental transformation as electric vehicles capture over 50% of new passenger…

Honda And Nissan Consider Historic Merger Amid Ev Market Pressure

Honda and Nissan Consider Historic Merger Amid EV Market Pressure

Japanese automotive giants Honda and Nissan are exploring a potential merger as both companies face mounting pressure in the global electric vehicle market, particularly from Chinese competitors. The historically independent automakers are weighing this unprecedented step to maintain competitiveness in…

Img 3789 2 1

Trump Transition Team Proposes Major Overhaul of U.S. EV Policy

A newly revealed policy document from Donald Trump’s transition team outlines sweeping changes to U.S. electric vehicle policy that would dramatically reshape the automotive industry’s electrification efforts. The proposed changes would redirect federal EV incentives toward battery production and national…

Honda And Gm’s Abrupt Halt: A Shakeup In The Electric Vehicle Market - Gm General Motors Faces Challenges In Electric Vehicle Production - Us Races To Second Place In Global Ev Market

GM’s $5.5B China Write-Off Signals Major EV Market Shift

General Motors faces a significant financial setback in China, announcing a $5.5 billion write-off as its joint venture struggles amid the country‘s rapid transition to electric vehicles. This development marks a crucial turning point in the world’s largest automotive market…

Ev Giant Nio Plans Drastic Job Reductions Amid Rivalry

Nio Faces Headwinds as China’s EV Price War Intensifies

Premium EV maker Nio reported disappointing third-quarter results as intense price competition in China‘s electric vehicle market continues to squeeze margins and impact sales targets, reports Bloomberg. Revenue Growth Overshadowed by Losses The Chinese automaker posted revenue of 18.7 billion…

en_USEnglish (United States)