Volkswagen, SAIC decide to sell Xinjiang factory
Volkswagen and Shanghai's SAIC Motor have decided to sell a factory in Xinjiang, China, following criticism over…
Browsing Tag
EVs
China warns EU over separate EV price negotiations
China has urged the European Union (EU) not to hold separate price negotiations for Chinese-made electric vehicles…
Japanese automakers face challenges in key markets
Japanese automakers are grappling with declining sales in crucial markets like China and Thailand.
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…
China pours $830m into solid-state battery race
China is investing over $830 million in a state-led initiative to advance solid-state battery technology for…
Musk mulls Indonesian offer for EV battery plant
Elon Musk is open to the idea of building a battery plant in Indonesia to support the country's electric vehicle…
Toyota Motor plans Y4.9t investments in EVs, AI
Toyota motor plans to invest 2 trillion yen in supply chain management and mobility solutions, including EVs and…
China’s Zeekr set to raise $367.5m in New York IPO
Chinese electric vehicle (EV) maker Zeekr is accelerating its New York initial public offering (IPO) timeline,…
China’s EV market to see price war due to oversupply
China's electric vehicle (EV) market is expected to see a fierce price war erupt this year as supply outpaces…
S. Arabia’s WAJA, AOI partner to build EVs in Egypt
Saudi Arabia’s WAJA signed a partnership with the Arab Organisation for Industrialisation (AOI) to establish an…
Honda unveils new EV brand in China by ’27
Honda Motor outlined an ambitious plan to launch six next-generation EVs under the new "Ye" brand by 2027 in China,…
China’s Zeekr to raise $500m in US IPO
China's Zeekr electric vehicle has resumed plans to raise up to $500 million in a New York initial public offering…
Xiaomi’s stocks soars after launching 1st EV
Xiaomi's stock surged 16 per cent on Tuesday after the launch of its new electric vehicle, despite forecasts of…
Xiaomi’s 1st EV receives 88.8k pre-orders in 24-hour
Xiaomi’s debut electric sedan, the SU7, faces soaring demand with pre-orders exceeding 88,898 in just 24 hours, as…
Nissan to launch 30 new models over next 3 yrs
Nissan Motor announced plans to launch 30 new models in the next three years, aiming to increase global sales by…
Cadillac Electric SUV available only online in France
US automaker General Motors (GM) unveiled its luxury electric Cadillac Lyriq in France, expanding its European…
VinFast asks for India EV import duty cut
Vietnamese electric vehicle manufacturer VinFast has made a request to India for a reduction in import duties on…
Uber, KIA sign EV partnership
Uber, the U.S. ride-hailing platform, signed a partnership with South Korea’s KIA to produce electric vehicles…
Tesla’s valuation drops by $145bln on demand concerns
Tesla’s shares have seen a huge decline, losing nearly one-fifth of their worth of $145 billion in less than two…
W Motors make car production deal with Jordan’s Manaseer
Dubai-based W Motors signed a deal with Jordan's Manaseer Group to produce electric cars in the Kingdom, Jordanian…
Tesla in talks with KSA to build factory in the Kingdom
Tesla is currently in talks with Saudi Arabia to establish a factory in the Kingdom, Wall Street Journal (WSJ)…
Egypt’s MCV partner with Volvo to produce electric buses
Egypt's Manufacturing Commercial Vehicles (MCV) has partnered on Tuesday with Swedish automotive Volvo to produce…
Tesla to produce about half million EVs annually in India
Tesla is set to produce half a million electric vehicles (EVs) every year in India said the Times of India on…
Ford cuts electric Mustang Mach-E price by $1,000
Ford Motor is reducing the starting prices of its electric Mustang Mach-E by a range of $1,000 to $4,000, as the…