Featured European stocks fall on weak automaker earnings Aya El Sayed Aug 1, 2024 0 European stocks fell on Thursday, erasing previous tech-driven gains, after disappointing results from automakers…
Stocks European automakers shares skid on ‘fear of retaliation’ from EU tariffs on… Aya El Sayed Jun 12, 2024 0 Shares of European car manufacturers faced declines on Wednesday, with prominent brands like Volkswagen and BMW…
Featured Germany approves auto giants’ wireless licensing pact Aya El Sayed Jun 10, 2024 0 Germany's antitrust authority, the Federal Cartel Office, approved on Monday a collaboration among BMW,…
Industry & Trade Chinese battery growth plans in Germany grind to halt Nada Ali May 30, 2024 0 Chinese EV battery manufacturers are cutting production plans in Germany due to slow EV sales and a tough business…
Featured EU to raise tariffs on Chinese EVs Aya El Sayed May 29, 2024 0 The European Commission is poised to announce higher tariffs on Chinese electric vehicles (EVs), sparking…
Tech/AI China’s BYD plans to build new EV plant in Mexico Nada Ali Feb 14, 2024 0 China's top electric vehicle manufacturer, BYD, is considering establishing a plant in Mexico to serve as an export…
Featured Swedish Northvolt borrows $5 bln to expand lithium battery plant Sama Mousa Jan 16, 2024 0 Sweden’s lithium-ion battery producer Northvolt raised $5 billion in the largest green loans raised in Europe to…
Money BMW launches experimental fleet of hydrogen cars Sama Mousa Feb 28, 2023 0 BMW launched on Monday an experimental fleet of hydrogen vehicles, the missing piece in the emission free…
Tech/AI BMW agent in Egypt plans to invest 1 billion Egyptian pounds Nada Ali Nov 30, 2022 0 The BMW group announced investments of more than $100 million to develop its services and enhance its presence in…
Tech/AI BMW names Global Auto as new agent in Egypt Yomna Yasser Nov 30, 2022 0 German carmaker BMW has named Global Auto Group as its new importer and agent in Egypt.