Etiqueta: Industry

U.S EV sales saw robust growth since 2022 but Trump's incentive-cutting budget is changing the demand curve.

The new Yangwang U9, powered by four motors, features a peak power output of 555 kW per motor, 2.3 times that of the current U9's 240 kW.

Weakening demand for hybrid vehicles and ongoing overcapacity issues are slowing the growth of China's new energy vehicle and overall car sales.

Honda, Geely, and NIO are positioned to benefit from EV growth in China and stable demand in Japan, despite weakness in Europe's car market.

China's car sales growth slowed in July, as the world's largest auto market navigates uneven fortunes of major automakers amid tougher regulations against a bruising price war. Sales rose 6.9% in July from a year earlier to 1.85 million cars, versus an 18.6% increase in June, data from the China Passenger Car Association showed on Friday.

General Motors will import electric vehicle batteries from Chinese battery giant CATL , a source familiar with the matter told Reuters on Thursday.

Bringing Taiwan to the World and the World to Taiwan

BYD's Strategic Shift: Navigating Domestic Saturation and Global Expansion

BYD outsold Tesla in Europe for the first time in April 2025, with registrations surging 359% year-over-year amid EU tariffs, driven by affordable models and local production plans. Tesla's sales plummeted due to aging lineups, supply issues, and CEO controversies. This shift highlights China's growing EV dominance in the region.

Your EV range anxiety could get even worse as popular models didn't stack up against lab result.