Browsing: China
Tesla is reportedly expanding its layoffs in China, with additional cuts beginning earlier this week following mid-April layoffs, according to…
BYD Sets Up Sodium-Ion Battery Joint Venture to Drive Lower-Cost Battery Commercialization
BYD’s new energy vehicle (NEV) and power battery division have established a joint venture to advance the commercialization of lower-cost…
Nio’s Onvo Sub-Brand to Debut May 15, Takes Aim at Tesla’s Model Y in Family EV Market
Nio is set to officially unveil its sub-brand, Onvo (known as Ledao in China), on May 15, with its inaugural…
Panasonic Holdings’ energy unit fell short of its operating profit guidance for the past business year due to reduced electric…
President Joe Biden is poised to unveil new tariffs on China as early as next week, focusing on strategic sectors,…
Nio marked a significant milestone as the 500,000th production vehicle rolled off the assembly line at its F2 plant at…
BYD contemplating the establishment of a second assembly plant in Europe by 2025, revealed European managing director Michael Shu at…
BMW CEO Warns Against EU Import Duties on Chinese EVs, Citing Potential Harm to Green Deal
BMW’s CEO, Oliver Zipse, cautioned on Wednesday against imposing EU import duties on electric vehicles (EVs) from Chinese automakers, citing…
South Korea has welcomed the United States’ decision to extend automakers’ eligibility for electric vehicle (EV) tax credits for cars…
Chinese electric vehicle (EV) manufacturer Xpeng has unveiled plans to penetrate the Australian market in its latest internationalization drive. Partnering…
Just months after the debut of the E8 electric sedan, Geely’s subsidiary Galaxy has pulled the curtain back on its…
Tesla’s Electric Vehicle Deliveries Face Setback, Analyst Warns of Challenging Year Ahead
In a recent report by Tesla-focused analyst Troy Teslike, it was revealed that Tesla experienced a 9% decline in global…