BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China,…
Volkswagen has encountered a significant hurdle with its all-electric ID.4, as the company recently halted production at its Chattanooga, Tennessee, factory due to a faulty electronic door mechanism. The issue, which has affected numerous VW owners, involves water seeping into…
Electric vehicle (EV) batteries are on track for a major sustainability upgrade, potentially revolutionizing the industry’s environmental impact and supply chain. According to a recent report from The Economist, most EV batteries could soon be made by recycling old ones,…
Tesla’s performance in China remains strong, with the electric vehicle giant recording its second-best week of Q3 2024 for new vehicle insurance registrations. According to Sawyer Merritt’s post on X, 15,600 Teslas were insured in China last week. Q3 Numbers…
Chinese brand Omoda is making waves in the UK with an aggressive expansion plan, aiming to have 100 dealers by the end of the year. This rapid growth, from zero dealers at the start of the year, is part of…
China’s top trade official, Wang Wentao, is on a mission to sway EU trade boss Valdis Dombrovskis and prevent hefty duties on Chinese electric vehicle (EV) imports. However, his whistle-stop tour of European capitals might hit a roadblock in Brussels,…
German auto supplier Bosch’s CEO, Stefan Hartung, expects minimal growth in global car and commercial vehicle markets this year and next, according to a recent interview with Reuters. Hartung noted that the demand for cars is lower than the industry…
Rows of unsold electric vehicles (EVs) are gathering dust at the Belgian port of Zeebrugge, a stark contrast to the bustling activity seen in previous years. Despite the port’s massive transformation to accommodate the green evolution, the demand for EVs…
Investors in Asia’s electric vehicle (EV) battery sector are keeping a close eye on the US presidential race, with even unexpected factors like Taylor Swift’s potential endorsements making waves. This heightened interest comes from the significant impact the election outcome…
While wealthy cities like Shanghai and Shenzhen have led electric car adoption, uptake in other areas shows how hard gasoline cars can be to ditch, reports Bloomberg. According to Bloomberg’s report, China’s electric vehicle (EV) revolution is hitting a snag…
Volkswagen, once a titan of the auto industry, is now facing a triple threat that’s putting its EV ambitions in jeopardy. According to a recent report from POLITICO, the German carmaker is grappling with challenges from China, a lagging EV…
China’s electric vehicle giant BYD is on a hiring spree, pushing its workforce past the 900,000 mark. This massive expansion, reported by Reuters, underscores the company’s ambitious growth plans and the booming EV market in China. Workforce Explosion BYD’s hiring…
Italian Foreign Minister Antonio Tajani has voiced support for proposed European Union tariffs on Chinese electric vehicle (EV) exports. This stance comes ahead of a meeting with China’s commerce minister in Rome, according to Reuters. Protecting European Competitiveness “We support…
Global sales of electric vehicles (EVs) and plug-in hybrids jumped 20% year-over-year in August, according to a report from market research firm Rho Mot, according to Reuters. This growth was largely fueled by China’s booming EV market, which saw a…
Ford CEO’s China Trip Sparks Major EV Strategy Shift Jim Farley, Ford’s chief exec, is sounding the alarm after a recent China visit left him shaken by the country’s EV prowess. The Wall Street Journal reports that this wake-up call…
The Biden administration has just announced a major move in the trade war with China, slapping a 100% tariff on Chinese electric vehicles (EVs) among other goods. This decision, set to take effect on September 27, is part of a…
China’s pushing its carmakers to keep their advanced electric vehicle (EV) tech at home, even as these companies expand globally. The government’s encouraging automakers to export partially assembled vehicles, or “knock-down kits,” to avoid tariffs and protect their tech. This…
BMW’s recent announcement about cutting its profit margin forecast due to sluggish demand in China is just the tip of the iceberg. According to analysts, electric vehicles (EVs) are shaking up auto sales in the world’s biggest market, leaving foreign…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from…
The European Union is set to lower its proposed tariffs on electric vehicles (EVs) imported from China, following consultations with affected companies. This development comes as part of an ongoing trade dispute between the EU and China over EV subsidies…
In a bold move to expand their global footprint, nearly 900 Chinese auto suppliers and a handful of EV makers are showcasing their products at the Automechanika trade fair in Frankfurt. This event, which typically focuses on suppliers, has added…
Citroën is gearing up for an epic journey across Africa with four electric vehicles powered solely by custom-made solar panels. This ambitious trek, dubbed La Croisière Verte, aims to showcase the long-distance potential of compact, lightweight EVs. The expedition, set…
Spanish Prime Minister Pedro Sánchez is set to meet with Chinese President Xi Jinping and other top officials on Monday, marking his second trip to China in just over a year. This visit comes amidst a tense backdrop of trade…
In a groundbreaking move, Chinese EV startup Nio has set a new milestone in the battery-swap arena. The company claims that its owners can now avoid long, boring charging stops by simply replacing their dead EV battery with a fresh…
Volkswagen, the German auto giant, is facing a critical moment in its 87-year history. The company’s shift to electric vehicles has hit a major roadblock, with executives and workers locked in a tense standoff over proposed job cuts and plant…
Herbert Diess, Volkswagen’s ex-chief, is pushing back against criticism of his hybrid vehicle strategy during his time at the helm of Europe’s biggest carmaker. This comes as the Financial Times reports a slowdown in EV enthusiasm and growing popularity of…
Tesla is facing tough competition in China as local and international rivals flood the market with more advanced electric vehicle (EV) models. The US company’s share of Chinese EV sales has dropped to 6.5% in the first seven months of…
Tesla’s Full Self Driving (FSD) software is set to expand internationally, with significant updates and features rolling out over the next year. The company has released a roadmap detailing its plans, including enhancements to FSD and its introduction to Europe…
Tesla is gearing up to revamp its Model Y for the Chinese market, aiming to regain lost market share and take on competitors like Li Auto and Nio. According to a report from SCMP, the US electric vehicle (EV) maker…
Vice President Kamala Harris, once a staunch supporter of federal rules mandating electric vehicle (EV) production, has seemingly changed her stance. According to a recent report by Alex Thompson and Ben Geman of Axios, Harris’ campaign stated that she “does…
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