China’s BYD says it doubled its profit in the first quarter, increasing its advantage over competitors in the world’s largest market through a price war. According...
Several automakers, including Volvo, Bentley, Ford, and Lamborghini, are revising their electrification strategies and launch schedules due to slowing growth. Lamborghini has already hinted that it...
Mercedes-Benz and its subsidiaries plan to cut up to 15 percent of jobs in China, particularly in finance and sales, amid growing competition in China, the...
Car sales in China fell sharply in January due to holidays and the announcement of the end of government incentives, and gasoline cars again overtook electric...
Honda and Sony have officially launched their inaugural collaboration, specifically to compete against new tech giants entering the automotive sector. The Afeela 1 sedan, however, is...
Volkswagen issued a strong warning on Tuesday regarding the serious economic consequences of tariffs proposed by US President Donald Trump on imports from Mexico. As a...
According to British media, Honda is considering a successor to its “e” electric hatchback. It is likely to be based on the 2023 Sustaina-C concept. Speaking...
Stellantis and Chinese battery giant CATL have announced plans to jointly build a €4.1 billion lithium iron phosphate (LFP) battery factory in Spain. The 50-50 joint...
Mercedes-Benz is implementing significant cost reductions in response to declining business performance. “In the coming years, we will reduce our costs by several billion euros per...
Chinese company Xiaomi has confirmed that 100,000 units of the SU7 electric car have rolled off the production line at its factory in Beijing. This milestone...
At the end of October, the Japanese manufacturer achieved a milestone of producing 1.5 million cars with its innovative e-Power hybrid system, which is part of...
The CEO of Stellantis, Carlos Tavares, is convinced that if he wants to succeed, this group must adopt a new low-cost business approach to bridge trade...
UK brand Lotus had its best half-year ever, a press release about the results of the past six months boasts. That may well be true, but...
In Mexico and Brazil, the countries that are the largest car producers in Latin America, China has entered the market and is making progress. Namely, the...
Sales of electric cars in Germany are stumbling primarily because they are expensive, and in general – with some exceptions – much more expensive than their...
The German automotive industry is cutting costs. Volkswagen recently launched a program for ten billion euros less spending, which also means layoffs. Auto parts suppliers also...
HiPhi was among the many Chinese brands that announced with great fanfare that they would sink their teeth into the European car market, but that will...
Financially troubled Faraday Future has made a smaller loss in the first quarter than in the same period last year, but it is still spending tens...
Smart, the former quirky city car brand known for its compact and efficient vehicles, is making yet another move into the electric SUV market. The company...
Audi is considering discontinuing the electric Q8 e-tron and Q8 Sportback e-tron much earlier than planned. The reason: Audi sees global demand for electric models ‘in...
After announcing the new tariffs on Chinese EV imports in early June, the EU revised the tariffs before making them enter provisional effect today. The tariffs now range from...
After unveiling its electric supercar at the start of this year, BYD has now unleashed the Yangwang U9 onto the iconic Nurburgring race track. The U9, a true...
This year marks forty years since the Volkswagen Group started a joint venture with SAIC Motor in China. To celebrate, the two companies are entering into...
Do you remember the Land Rover Freelander? The model has been gone for ten years, but the Freelander model name will return soon, not so much...
Chinese electric car manufacturers have received at least 231 billion dollars (about 216 billion euros) in government subsidies over the past fifteen years. Just over half...
Germany has solidified its position as Europe’s leading electric vehicle manufacturer. In 2023, German automakers produced a staggering 1.27 million electric cars, comprising both battery-electric vehicles...
Oh, how the tide has turned. Chinese companies used to partner up with European ones to get access to their technology, but nowadays, in the EV...
Mercedes-Benz and Volkswagen both had a mediocre quarter. Profit figures fell sharply. According to both companies, this is due to weak demand for electric cars. The...
The Renault Group already works with Chinese partners like Geely and Dongfeng but may want to expand its ties with China. There have been discussions with...
Xiaomi’s SU7 sedan had a very successful launch in China, but it looks like the company isn’t resting on its laurels and is already working on the next...