China‘s electric vehicle market continues to surge with impressive momentum, as leading manufacturers reported substantial February delivery figures over the weekend. BYD and XPeng demonstrated particularly strong performance, with several players showing triple-digit year-over-year growth amid an increasingly competitive landscape.…
Tesla‘s dominance in the Australian electric vehicle market is showing signs of erosion, with November sales dropping 35.5% year-over-year to 2,540 units according to Electric Vehicle Council data. This decline contributes to the brand’s first annual sales decrease of 20.9%…
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…
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…
Public EV chargers in the US are often not living up to their promised speeds, averaging about half their maximum capacity. This discrepancy risks hindering the adoption of electric vehicles. According to a recent report by Bloomberg, this issue is…
Hong Kong’s electric vehicle (EV) market is experiencing a significant shift as Chinese brands gain popularity and market share. According to a recent report by the South China Morning Post, mainland Chinese EV manufacturers are using the city as a…
Chinese EV manufacturer Zeekr, a subsidiary of Geely, has introduced a revolutionary in-house designed ultra-fast charging LFP battery for its new 007 sedan, pushing the boundaries of electric vehicle charging capabilities. This news was reported by Sawyer Merritt, a known…
Chinese electric vehicle manufacturer Zeekr has unveiled new battery technology that claims to offer the world’s fastest charging speeds, potentially addressing key consumer concerns about EV adoption. This development was reported by CNBC on Tuesday, August 13, 2024. Record-Breaking Charging…
China‘s electric vehicle (EV) market continues to thrive, with manufacturers reporting strong sales growth in May, despite a general decline in consumer spending. This growth is driven by price cuts and new model launches, leading companies like BYD, Nio, and…
A Shift in Strategy for Zeekr Zeekr, Geely’s premium electric vehicle (EV) brand, has recently put its U.S. initial public offering (IPO) on hold. This move reportedly stems from a valuation mismatch and ongoing global financial market volatility, as per…
With the electric vehicle (EV) tide surging globally, the Chinese auto brand Zeekr has leaped onto the scene, weaving its ambitions into the fabric of the automotive future. The Geely-owned marque, though a nascent entrant founded in 2021, is propelling…
Europe is witnessing a new wave of cars on its roads – Chinese electric vehicles (EVs). However, these newcomers from the East aren’t just coasting; they’re faced with unique hurdles to navigate. Rolling Up with Momentum Chinese auto giants like…
Zeekr, the electric vehicle (EV) subsidiary of Geely Automobile, is pushing into the European market with two of its premium electric vehicles now available for pre-order in Sweden and the Netherlands. Customers can anticipate delivery of the Zeekr 001 estate…
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