Etiqueta: volvo

BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla—but they can't do both.

Markets Defused gives an easy-to-understand and straightforward recap of the day’s most engaging business and stock market news.   Microsoft is set for...

The global electric vehicle (EV) new-car market enjoyed strong growth in April, as multiple BYD models performed well.

The top-selling Tesla Model Y will soldier on unchanged until at least 2025 according to Tesla boss Elon Musk.

Despite privacy concerns, a huge majority of young adults would buy a car from a Chinese auto company. Biden wants to stop them.

Beijing on Thursday slammed EU tariffs on Chinese electric vehicles as protectionist behaviour even as the country's top auto exporter said the duties would not derail its expansion plans for Europe, including making EVs in Spain this year.

Find out why the BYD Atto 3 is the 2024 winner of the Best Value Electric Car award

MILAN (Reuters) -Shares of some of Europe's biggest carmakers fell further on Thursday on uncertainty over how China might respond to the EU's new tariffs on imported Chinese electric vehicles to combat what Brussels sees as excessive subsidies from Beijing. "The risk is that China could also take action that would particularly hit the German OEMs who are exporting to China," said Stifel analyst Daniel Schwarz in Frankfurt. Some investors, however, expect a balanced response from Beijing as Chinese carmakers will still be able to export to Europe, albeit at lower margins.

After months of investigation, the European Union (EU) has announced provisional tariffs on electric vehicles (EV) imported from China, because of what it sees as Beijing’s unfair support for companies that undercut European carmakers.