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Tesla stock tumbles 7% as shipments slump, new price cuts announced...

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Tesla (TSLA) shares dropped to new multi-week lows as slowing China shipments and new price cuts there hint at troubles for the EV stalwart...

Volkswagen revamps its approach in China in bid to overtake upstart...

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BEIJING (AP) — As auto giant Volkswagen AG races to catch up with upstart Chinese competitors, it has drivers like 26-year-old Ren Yiling in...

Tesla Reportedly Scraps Low-Cost Car Plans, Elon Musk Denies Story

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Tesla, Inc (NASDAQ:TSLA) stock is trading lower Friday following reports of the EV maker dumping its low-cost vehicle plans amid China competition.According to a Reuters exclusive report,...

Bain-Backed Chinese EV Services Firm NewLink Seeks Private Loan

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(Bloomberg) -- NewLink Group, a Bain Capital-backed firm that provides software to sectors including the electric vehicle-related industry, is seeking as much as $100...

Li Auto wins race to become the first of China’s major...

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The Chinese electric vehicle maker Li Auto now has what many of its peers in China are searching for: a profit.The Beijing-based company reported...

China’s latest EV is a ‘connected’ car from smart phone and...

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BEIJING (AP) — Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country's booming but crowded market for electric cars...

Ford CEO: It’s ‘undeniable’ that EVs will eventually have to turn...

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Electric vehicles can’t keep being money losers in perpetuity, but for the time being, that’s exactly what they are.In a wide-ranging interview, Ford CEO...
Updated 2024 Volkswagen ID.3 Gets Three New Trims, Aims For BYD

Updated 2024 Volkswagen ID.3 Gets Three New Trims, Aims For BYD

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VW fights back against cheap Chinese EVs with a new entry-level ID.3 priced just like them.
Electric Vehicles: Hybrid Vigor

Electric Vehicles: Hybrid Vigor

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The case for regarding hybrids as an essential part in any evolution of a lower-emission auto sector has again been reinforced.
BYD Global Plug-In Car Sales Exceeded 330,000 In May 2024

BYD Global Plug-In Car Sales Exceeded 330,000 In May 2024

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The volume is at a near-record level, growth is healthy and exports more than tripled.