Chinese electric vehicle (EV) manufacturers are showing resilience in the face of global trade restrictions, with several major players reporting significant year-on-year sales increases for August. This surge comes despite recent announcements by the European Union, United States, and Canada…
Volkswagen, the German auto giant, is hitting some speed bumps on its journey to electric vehicles (EVs). The company’s facing tough times as it tries to keep up with the fast-changing EV market, according to a recent Wall Street Journal…
European automakers, particularly Volkswagen, are facing a significant crisis in their electric vehicle (EV) production efforts. According to a recent Bloomberg report, German and French carmakers are rapidly losing ground in the race to produce EVs, leading to potential factory…
Chinese electric vehicle manufacturer Xpeng is gearing up for a significant expansion into the European market, as reported by Bloomberg News. The company is planning to introduce entry-level cars and establish local production facilities in Europe, aiming to circumvent potential…
Xpeng, a leading Chinese electric vehicle manufacturer, has announced its latest offering in the competitive EV market – the Mona M03 coupe. This new model is set to disrupt the industry with its remarkably low price point, starting at just…
In a bold move to protect its domestic electric vehicle (EV) industry, Canada has announced a hefty 100% tariff on imported Chinese EVs. This decision, revealed by Prime Minister Justin Trudeau on Monday, marks a significant shift in Canada’s trade…
Scientists at the University of Edinburgh are pioneering an innovative approach to recycling critical metals used in electric vehicle (EV) batteries and other green technologies. This groundbreaking research, as reported by The Guardian, could be a game-changer for the EV…
BYD, China’s leading electric vehicle manufacturer, has climbed to the seventh spot in global auto sales rankings, outpacing industry stalwarts Honda and Nissan in the April-June quarter. This significant shift in the automotive landscape is largely attributed to BYD’s focus…
Tesla’s Vice President of Finance and Business Operations, Sreela Venkataratnam, has announced her departure from the electric vehicle giant after an impressive 11-year stint. Her exit marks the end of an era that saw Tesla transform from a niche automaker…
Chinese tech companies are making significant strides in the electric vehicle (EV) market, outpacing their Western counterparts in innovation and sales. This story, as reported by The Economist, highlights the growing dominance of Chinese firms in the EV industry. The…
China has strongly criticized the European Union’s decision to impose tariffs on electric vehicle (EV) imports, despite the EU lowering duties for several major EV manufacturers, including Tesla. This information comes from a recent CNBC report. Beijing’s Stance on EU’s…
BMW’s China-produced electric Mini is set to benefit from a reduced tariff of 21.3% in the European Union, according to a recent report from Reuters. This development comes as part of the EU’s latest draft tariff document on duties for…
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