Etiqueta: Volkswagen

The Asian giant’s dominance in the green sector has become a headache for the EU: it needs China’s products to meet decarbonization objectives, while simultaneously seeking to protect its industries and avoid becoming dependent on a foreign power

Volkswagen AG and Stellantis NV face painful cutbacks after a tumultuous 2024 with deep, structural changes reshaping the European auto industry. And the next 12 months don’t look any easier.

As it struggles to keep up with low-cost rivals like BYD, GM expects to suffer a $5 billion blow to...

BYD is on track to sell 4 million units and outsold Ford, pushing the legacy automaker out of the sixth-largest position in global sales.

In the global BEV market, Tesla ranked first with an 18.5 percent share, BYD was second with 17.5 percent, and Nio was eighth with 2.4 percent.

This Rapid Growth Rate from increased demand for electric vehicles, renewable energy storage and portable electronics. The market expansion is being driven by advances in battery technology, cost reductions and government policies promoting clean energy transition worldwide, making lithium-ion batteries a key player in the energy industry. Lithium-Ion Battery Market Lithium-Ion Battery Market Dublin, Nov. 28, 2024 (GLOBE NEWSWIRE) -- The "Lithium-Ion Battery Market Report Forecast by Components,

Also in today’s rundown: SAIC and Volkswagen extend tie-up through 2040, Pudong's party chief busted

Toyota, BYD Co and Honda have been highlighted in this Industry Outlook article.

With sales surging in China, BYD is taking its business overseas as it looks to keep its record growth streak...

“This is sort of a good thing for the reputation of Chinese-made cars in Europe over the long term,” said Paul Gong, head of China auto research at UBS.