China Car Sales Slump 20% on Weak Demand But EVs Charge Ahead

While overall auto sales dropped in January-February, sales of new energy vehicles were up by more than 60%, according to…

2 weeks ago

Tesla Starts Raising China EV Rates After Igniting Price War

The US carmaker's aggressive price cuts earlier this year helped it to stoke demand amid rising inventories

1 month ago

Japan Carmakers Toyota, Nissan Post Surprise Bumper Profits

Both carmakers gained from a plunge in the yen in October last year, even as a shortage of chips and…

1 month ago

India Among Contenders For Volvo EV Plant Outside China – ET

CEO Jim Rowan said the automaker is assessing logistics and "cost benefits" as the plant will "feed other countries other…

1 month ago

Nissan to Buy Stake in Renault EV Unit Amid Sweeping Redesign

No financial details were disclosed on the valuation of the business on Monday, which some sources have indicated could be…

1 month ago

Vietnam EV-Maker VinFast to Delay US Car Deliveries

The Vietnamese company is gearing up to expand in the United States, where it hopes to compete with existing automakers

2 months ago

Xpeng Secures Key Permit to Launch ‘Flying Car’ – TechCrunch

The 'special flight permit' from the Civil Aviation Administration of China will allow the Xpeng Aeroht X2 to undertake a…

2 months ago

India Planning to Classify Clean Tech to Attract Investors

The world's third largest carbon polluter projects it needs $10 trillion to $15 trillion in investment to achieve net-zero carbon…

2 months ago

China’s BYD in Talks to Buy Ford Motor Plant in Germany – WSJ

Representatives from Ford's German management are scheduled to visit China in the upcoming week to examine the possibility of selling…

2 months ago

Tesla’s Mighty Profits Eat Into Asian Rivals in EV Price War

For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges…

2 months ago

VinFast Plans Promotions in Response to Tesla EV Price Cuts

The Vietnamese EV-maker hopes to compete with existing automakers in the US by offering two models, the VF8 and VF9,…

2 months ago

Musk’s Tesla Video Touting Self-Driving ‘Was Staged’ – Reuters

Tesla’s Autopilot team set out to engineer and record a “demonstration of the system’s capabilities” at the request of Musk,…

2 months ago