Automundo China

Readers hoping to buy Boyd Gaming Corporation ( NYSE:BYD ) for its dividend will need to make their move shortly, as...

(Reuters) -Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday. Volvo, which is majority-owned by China's Geely, was considering halting sales of Chinese-built EVs bound for Europe if tariffs were introduced, the newspaper said, citing company insiders. However, the report added that shifting production of Volvo's EX30 and EX90 models from China to Belgium is expected to negate the need for the company to do so and that the company insisted suspending sales of EVs made in China was no longer being considered.

"No Model Y 'refresh' is coming out this year", Musk said, adding that Tesla continuously improves its cars, "so even a car that is 6 months newer will be a little better." Tesla has been slow to refresh its ageing models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models. Last year, Reuters reported that Tesla was readying a production revamp of Model Y with a target of starting production in 2024.

Suzuki Motor (OTCMKTS:SZKMY – Get Free Report) and BYD (OTCMKTS:BYDDY – Get Free Report) are both large-cap auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, earnings, valuation, profitability and dividends. Profitability This table compares Suzuki Motor and BYD’s […]

Chinese electric vehicle (EV) manufacturer Nio is set to expand its operations into the Middle East by the end of this year, according to CEO William Li. This move, which comes as part of Nio’s broader strategy to increase its global footprint, following the trend set by its competitors, is expected to further give Tesla […]

In a year long series Tom Maloney, from Abersychan, shows how you can love a place so well it becomes a part of you. Mynydd Farteg Fawr Probably most people in the area would know Mynydd Farteg Fawr as Varteg Mountain and in my opinion it goes a little ‘under the radar’. It is not […]

Norway's $1.7 trillion sovereign wealth fund (SWF), one of the world's largest, said on Saturday it will vote against ratifying Tesla CEO Elon...

Electric Vehicle stocks have faced significant challenges this year, raising questions whether EVs truly represent the future of automobiles.

China’s electric vehicle industry is poised to dominate the globe and that has governments in Europe and North America, including Canada, grappling with what can be seen as competing priorities — protect domestic manufacturing by imposing tariffs on Chinese-made EVs or focus on reducing our reliance on fossil fuels.

'No Model Y 'refresh' is coming out this year': Elon Musk