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Car trouble: Can the French car industry recover to pre-pandemic levels?

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Car trouble: Can the French car industry recover to pre-pandemic levels?
Sales are down, factories are closing—but profits remain high. As EVs, offshoring, and China reshape the road ahead, France’s car sector faces a reckoning.

Chinese EV supply chain’s bold expansion into Thailand raises profit concerns...

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Chinese EV supply chain's bold expansion into Thailand raises profit concerns among local industry
China's auto industry is accelerating, driven by soaring demand for electric vehicles (EVs). New figures from the China Association of Automobile Manufacturers report a 9.8% year-over-year increase in new vehicle sales, including exports, reaching 2.59 million units in April. The growth is largely due to a sharp increase in sales of electric and other new-energy vehicles. EVs now account for 49.5% of all new cars sold in China, marking a rise of nearly 10pp from the previous year.

Mazda partners with CATL to develop next-gen EVs using innovative skateboard...

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Mazda partners with CATL to develop next-gen EVs using innovative skateboard chassis

Japanese automaker Mazda teams up with China's CATL on advanced EV platform, accelerating electric vehicle development for global markets

The post Mazda partners with CATL to develop next-gen EVs using innovative skateboard chassis appeared first on CarNewsChina.com.

China EV insurance registrations for week ending May 11: Nio 3,930,...

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Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw 6,060 insurance registrations in China last week, up 18.82 percent from the previous week.

Casino Operator Stocks Q1 Results: Benchmarking Boyd Gaming (NYSE:BYD)

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Casino Operator Stocks Q1 Results: Benchmarking Boyd Gaming (NYSE:BYD)
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Boyd Gaming (NYSE:BYD) and the best and worst performers in the casino operator industry.

Goldman Sachs Weighs In on Tesla Stock; Examines FSD Prospects in...

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Tesla (NASDAQ:TSLA) stock could get a major lift if it pulls off a successful rollout of its FSD (full self-driving) software in China. With the country’s massive a...

Toyota eyes acquisition of troubled Neta to boost China EV push,...

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Toyota eyes acquisition of troubled Neta to boost China EV push, report says

Toyota reportedly considers acquiring struggling Neta Auto to accelerate China EV plans, while Neta seeks rescue from financial collapse and production halt

The post Toyota eyes acquisition of troubled Neta to boost China EV push, report says appeared first on CarNewsChina.com.

Toyota eyes troubled Neta to boost China EV Push – Toyota...

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Toyota eyes troubled Neta to boost China EV Push – Toyota responds

Toyota "reportedly" considers acquiring struggling Neta Auto to accelerate China EV plans, while Neta seeks rescue from financial collapse and production halt

The post Toyota eyes troubled Neta to boost China EV Push – Toyota responds appeared first on CarNewsChina.com.

Tesla sales slump in China in April even as overall EV...

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Tesla in China were down in April, continued a spiralling downward global trend, dropping by over 8 per cent from a year earlier, and by 61 per cent from the previous month.

BYD’s Fang Cheng Bao Tai 7 SUV leaked: BYD’s answer to Tank...

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BYD’s Fang Cheng Bao Tai 7 SUV leaked: BYD’s answer to Tank 300 

Expected to start under $27,700 USD, the Tai 7 challenges the Tank 300 as BYD grows its Fang Cheng Bao lineup with budget-friendly, off-road-style EVs

The post BYD’s Fang Cheng Bao Tai 7 SUV leaked: BYD’s answer to Tank 300  appeared first on CarNewsChina.com.