Etiqueta: VW

Tesla's U.S. market share for electric vehicles dropped below 50 percent, with competitors gaining ground. Meanwhile, China's BYD plans a $1 billion car factory in Turkey. Bill Ackman is raising up to $20 billion for a new fund with lower fees and Volkswagen might close Audi's Brussels plant due to declining luxury EV demand. All this and more on this edition of World Street. Fed Chair testifiesFederal Reserve Chair Jerome Powell told lawmakers...

A popular Chinese brand could soon overtake Tesla to claim the coveted battery electric vehicle crown as Elon Musk's brand struggles with waning sales. New research from Bloomberg Intelligence's Global BEV Report 2024 suggested that Tesla's longer-term success is dependent on the unveiling of a cheap, high-volume vehicle - rumoured to be the Model ...

BYD will set up $1bn EV plant in Turkey as per Turkish government officials. The official announcement will be made by the Turkish President.

When Germany’s national football team takes the field in Dortmund on Saturday, a game of geoeconomic chess will be taking place on the sidelines, with stakes that go beyond the European Championship.

There are still some big questions that remain for British motorists about this relatively little-known brand.

The latest data from S&P Mobility finds that EV inventory at the end of April climbed 5.7% compared to the prior month and up 105% compared to a year ago. This despite steep discounting for EVs through most of the year.

China’s leading automaker, BYD, is rapidly expanding its global footprint. BYD is closing in on a deal for an EV...

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

The Chinese EV maker may escape nearly unscathed from EU tariffs, as it sponsors one of the world’s top soccer tournaments.