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…
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…
Volkswagen’s recent $5 billion partnership with US electric vehicle start-up Rivian has caused quite a stir among the staff at Cariad, VW’s software division. The deal, aimed at developing software for both companies’ cars, comes after a series of setbacks…
Volkswagen is grappling with a tough decision that could see some of its factories in Germany shut down for the first time in its 87-year history. The automaker, known for its iconic brand, is struggling to meet cost-cutting goals and…
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…
Volvo has revised its ambitious plan to sell only pure electric vehicles (EVs) by 2030, now aiming for 90-100% of its global sales to be electrified cars, including both fully electric and plug-in hybrid vehicles. This adjustment comes amidst slower…
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…
BMW is gearing up to introduce its first hydrogen-powered vehicle by 2028, leveraging fuel cell technology developed in partnership with Toyota Motor Corp. The German automaker made the announcement on Thursday, highlighting its commitment to exploring alternative green technologies, according…
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…
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