Automundo China

Mercedes-Benz on Thursday delayed its electrification goal by five years and assured investors it would keep sprucing up its combustion engine models, becoming the latest carmaker to flag a weaker-than-expected appetite for battery-powered cars.

The latest announcement reflects the Indonesian government’s desire to stay at the forefront of the region’s EV production race.

An EV invasion threatens to run European carmakers off the road

Analysts says lower battery costs are enabling EV makers to discount prices amid tougher competition and efforts to take more share from petrol car manufacturers.

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After three cancellations and a guest appearance in Qatar, the Geneva International Motor Show is back. But interest remains low.

Only 14,451 fuel-cell vehicles were sold worldwide in 2023, compared to 20,704 in 2022, says Korean consultancy

Chinese carmaker BYD announced a massive lineup for this year's Geneva Motor Show as Western carmakers are shunning the show

Korea lost its title as the No. 1 hydrogen vehicle maker to China as sales slid 55.2 percent in 2023.

Continental, based in Hanover, is the world's third-largest automotive supplier. The company is the latest German manufacturer to announce job cuts as the economy contends with weak growth.