Etiqueta: Hyundai

At the same time, China's No. 1 automaker will start making cars earlier than expected at a new plant in Turkey where labour costs are lower, and will vastly exceed its announced production plans, one of the sources said. Shifting production away from Hungary in favour of Turkey would be a setback for the European Union, which has been hoping that its tariffs on EVs made in China would bring in Chinese investments and well-paid manufacturing jobs.

June saw plugin EVs take 28.4% share in Germany, up from 19.8% year on year. BEV volumes were up modestly, while PHEVs increased strongly

Cars News: Tesla has yet to officially reveal the exact specifications for the Model Y’s battery capacity and electric motor output for the Indian market. As for

The Indian electric vehicle market is heating up. Tesla has launched its Model Y in India with showroom openings planned. VinFast, a Vietnamese EV maker, is also entering the market. They are planning a manufacturing plant in Tamil Nadu. Pre-bookings are open for VinFast's VF6 and VF7 models. These EVs will compete with established players and other upcoming electric SUVs.

The Subsidy Scandal Shaking China's EV Giants: BYD and Chery's Risky Road Ahead

Chinese electric vehicle maker BYD has failed to make a significant impact in the South Korean market six months after its entry. Low consumer trust in Chinese cars and a continuing slowdown in electric vehicle demand are cited as the main reasons for its lackluster performance. According to market tracker Carisyou on July 13, BYD sold 1,337 units ...

EV Daily | Tesla's Robotaxi Ambitions and BYD's Market Dominance Shake Up Global EV Scene

From Batteries to Buses to Cars for the World—Inside the Rise, Strategy, and Innovation of BYD

Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall.