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Stellantis says China JV to begin Europe sales in September
May 14, 2024 (AFP)
Chinese automakers are pushing ahead with expansion plans in Europe despite mounting political pushback on the continent. Leapmotor only produces electric vehic...
Hundreds protest outside German Tesla factory
May 11, 2024 (AFP)
The protesters, accompanied by a large police contingent, unfurled anti-Tesla and anti-capitalist banners surrounded by a strong police presence. Organisers of ...
US to raise tariffs on Chinese electric vehicles: report
May 10, 2024 (AFP)
The move, reported by the Wall Street Journal, comes at the end of a long-awaited review of tariffs that were imposed during a trade war between Washington and ...
Clashes as protesters try to force entry into German Tesla plant
May 10, 2024 (AFP)
The spokesman said there were injuries among protesters and police but could not provide figures. Activists have been protesting plans to expand the factory, wh...
Nissan net profit nearly doubles despite China challenges
May 09, 2024 (AFP)
The Japanese automaker said demand was rising at home as well as in North America, Europe and China, where it has struggled to compete with fast-growing electri...
BMW says EU probe into China EV subsidies against free trade
May 08, 2024 (AFP)
The EU launched the inquiry last year, fearing that Chinese subsidies are a threat to Europe's own vast automotive industry. The move enraged Beijing, sparking ...
Global car giants seek tech allies in China's cutthroat EV market
May 08, 2024 (AFP)
At the recent Beijing Auto Show, China's biggest car expo, a number of foreign firms announced tech partnerships -- from Nissan joining forces with Baidu to Toy...
Europe's auto suppliers reach the end of the road
May 06, 2024 (AFP)
Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic and Wales to keep the costs "competitive", accor...
EU election could force sharp turn in electric car policy
May 06, 2024 (AFP)
Following lengthy negotiations, EU member states reached a historic agreement in 2022: from January 1, 2035 the only new cars that can be sold in the bloc are t...
EV automakers get reprieve in US tax credit rules
May 03, 2024 (AFP)
The confirmation came as the Treasury Department and Internal Revenue Service published final rules on the clean vehicle provisions under President Joe Biden's ...
Tesla wins key China security clearance during Musk visit
Apr 29, 2024 (AFP)
The tech billionaire arrived on Sunday for his second trip to China in less than a year, meeting top officials including Premier Li Qiang as he worked to boost ...
China's EV giant BYD misses Q1 revenue estimates
Apr 29, 2024 (AFP)
BYD posted an operating revenue of 124.94 billion yuan ($17.25 billion) for the first three months of the year, up 3.97 percent from a year ago, according to a ...
Tesla CEO Musk meets China's number two official in Beijing
Apr 28, 2024 (AFP)
Musk -- one of the world's richest people -- arrived in China earlier the same day on his second trip in less than a year to the world's biggest market for elec...
China offers nearly $1,400 for car trade-ins
Apr 27, 2024 (AFP)
China is the world's biggest market for cars, and the most competitive in the electric vehicle sector, with more than 100 homegrown companies racing to make the...
China's EV execs bullish on Western pressure at Beijing car show
Apr 26, 2024 (AFP)
Thousands of car lovers and company representatives descended on Beijing this week for the Auto China show -- a chance for industry giants to show off new desig...
US regulators probe Tesla recall over autopilot concerns
Apr 26, 2024 (AFP)
Electric car maker Tesla had recalled more than two million vehicles across all models in the United States last December due to a risk linked to its autopilot ...
Car giants vie for EV crown at Beijing's Auto China show
Apr 25, 2024 (AFP)
China's EV sector has exploded in recent years, and firms are now engaged in a no-holds-barred battle to offer customers the coolest accessories at the lowest p...
Volvo Cars net profit falls but says demand strong
Apr 24, 2024 (AFP)
The company, which is owned by Chinese auto giant Geely, said its after-tax profit fell 10 percent to 3.6 billion kronor ($333 million). Its revenue fell two pe...
Tesla profits tumble but shares rise on new vehicle plan
Apr 23, 2024 (AFP)
Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, down nine percent as the company described EV sa...
Tesla earnings a 'moment of truth' for Musk after stumbles
Apr 23, 2024 (AFP)
The electric car maker, which enjoyed scorching growth for most of 2022 and 2023, has experienced setbacks that analysts say have raised the stakes for the firs...
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