Automundo China

Tesla has received massive orders for its refreshed Model Y SUV in mainland China, a major boost for the US electric vehicle (EV) maker after sales fell sharply last month. The company's Gigafactory in Shanghai, its largest in the world, is ramping up production of its bestselling model to ensure early deliveries to customers, according to two sales managers in the city. Tesla's sales on the mainland in February fell to 30,688, the lowest since July 2022. Deliveries slumped 51.5 per cent month o

The hydrogen fuel cell passenger car (FCEV) market, which was divided by Hyundai Motor's Nexo and Toyota Mirai, is undergoing a transformation. Toyota launched the "Crown" hydrogen model last year, in..

Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important market.

BYD has launched the updated Atto 3 in India, which rejuvenates its competition with rivals like Mahindra BE 6 and Tata Curvv EV.

The U7 is a flagship sedan priced in the RMB 1 million ($138,000) class and will feature groundbreaking technologies, Yangwang said.

Orders for the revamped model, which starts from US$36,292 have crossed 200,000 units, according to Chinese tech site 36kr.

Delray Beach, FL, March 12, 2025 (GLOBE NEWSWIRE) -- EV market size is projected to grow from USD 396.49 billion in 2024 to USD 620.33 billion by 2030,...