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Jeep

Chinese EV Boom Puts Foreign Automakers in a Tight Spot

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 car manufacturers struggling to keep up, reports VOA News. The Rise of Chinese EVs In…

Tesla Expert Sanjay Lal Joins Volkswagen’s EV Software Drive, Volkswagen Races Ahead in EV Charger Installation
Volkswagen

Volkswagen Recalls Nearly 100,000 ID.4 EVs Due to Door Handle Issue

Volkswagen Group of America Inc. has issued a recall for almost 100,000 of its 2021-2024 electric vehicles, specifically the ID.4 EV sport-utility vehicle, due to a potential issue with the door handles. According to the U.S. National Highway Traffic Safety Administration (NHTSA), these vehicles may have been built with door handles that do not meet…

Tesla

Mercedes and Factorial Team Up for Game-Changing Solid-State EV Batteries

Mercedes-Benz and U.S. battery startup Factorial are collaborating on a solid-state battery that aims to significantly boost electric vehicle (EV) range by the end of the decade. This new battery, named Solstice, is expected to extend EV range by about 80% compared to today’s average, with an energy density of 450 Watt-hours per kilogram, reports…

Chinese EV Makers Brace for EU Tariffs Amid Tense Bilateral Relations
Jeep

Chinese EV Exports Surge, Sparking Global Tension

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 west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…

Xpeng Ignites Share Surge with Affordable EV
Cybertruck

EU Eases Tariffs on Chinese-Made EVs After Consultations

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 and market competition, reports the SCMP. Key Points Background The European Commission launched an investigation…

Tesla Emerges Victorious in Autopilot Crash Lawsuit - Tesla's 11-Day Winning Streak Shakes Short Sellers
Tesla

Tesla Confirms Robotaxi Unveiling in Los Angeles on October 10th

Tesla has officially announced that their highly anticipated Robotaxi unveiling event will take place in Los Angeles on October 10th. The company is offering a unique opportunity for shareholders to attend the event through a random drawing. Each share owned will count as an entry into the drawing, with results being communicated the week of…

Chinese EV Makers and Suppliers Make a Splash at Frankfurt Trade Fair
Cybertruck

Chinese EV Makers and Suppliers Make a Splash at Frankfurt Trade Fair

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 a special “EV Expo” to highlight Chinese-made electric vehicles. The initiative comes as the Chinese…

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