S. Africa weighs tax rebates, subsidies to boost EV adoption
South Africa is exploring tax rebates and subsidies to encourage electric vehicle (EV) adoption, President Cyril…
Browsing Tag
BMW
S. Korea imported passenger vehicles up 11.6% in Sep. ’24
The South Korea Automobile Importers and Distributors Association (KAIDA) reported 24,839 newly registered imported…
BMW urges Berlin to oppose higher EU tariffs on Chinese EVs
BMW AG is urging the German government to oppose higher EU tariffs on Chinese-made electric vehicles, fearing a…
BMW to launch 1st hydrogen-powered vehicle by ’28
BMW announced on Thursday plans to launch its first hydrogen-powered vehicle by 2028, using fuel cell technology…
S. Korea’s imported passenger vehicles rise 1.3% M-o-M in August
The South Korea Automobile Importers & Distributors Association (KAIDA) reported 22,263 newly registered…
EVs set to exceed 50% of China car sales for 1st time
China's EV market is charging ahead, with sales of EVs and plug-in hybrids likely surpassing 50 per cent of total…
European stocks fall on weak automaker earnings
European stocks fell on Thursday, erasing previous tech-driven gains, after disappointing results from automakers…
European automakers shares skid on ‘fear of retaliation’ from EU tariffs on…
Shares of European car manufacturers faced declines on Wednesday, with prominent brands like Volkswagen and BMW…
Germany approves auto giants’ wireless licensing pact
Germany's antitrust authority, the Federal Cartel Office, approved on Monday a collaboration among BMW,…
Chinese battery growth plans in Germany grind to halt
Chinese EV battery manufacturers are cutting production plans in Germany due to slow EV sales and a tough business…
