Automaker Volkswagen has announced several plans to shut down or migrate its factories, signaling a strategic adjustment for the company in the global market. In particular, this...
Europe's homegrown lithium battery sector is grappling with widening losses as electric vehicle (EV) demand slows and automakers face challenges in their transition to electrificat...
Foreign auto joint ventures (JVs) that once dominated China's car market are rapidly losing market share to local electric vehicle (EV) manufacturers, according to industry sources...
The big-3 German automakers, Volkswagen, Mercedes-Benz, and BMW, are all finding themselves struggling to adapt to the trend of vehicle electrification. Supply chain sources have...
The European Union's temporary tariffs on Chinese electric vehicles, introduced in early July, have triggered a sharp decline in registrations across the continent. SAIC Motor's MG,...
Among the major automotive chip and software giants - Qualcomm, NVIDIA, and Mobileye of Intel - the financial results for the second quarter of 2024 reveal a significant gap. Qualcomm's...
Xpeng Motors, a Chinese electric vehicle (EV) manufacturer, has released its financial report for the second quarter of 2024. Despite ongoing challenges from a market price war, Xpeng's...
Volkswagen has reached a new agreement with Xpeng Motors to jointly develop in-car systems for the Chinese Electric Vehicle (EV) market, strengthening their existing partnership.
Onsemi has announced a landmark supply agreement with Volkswagen (VW) - the world's second-largest automaker - to provide a complete power box solution for its next-generation electric...
The Volkswagen Group, one of the major foreign automakers operating in China, signed multiple new energy technology cooperation agreements with the SAIC Group on June 27.
Volkswagen Group and US-based Rivian announced on June 25 that the former will invest up to US$5 billion in the emerging EV maker. The pair will also establish a joint venture focusing...
China might move closer to retaliating against the European Union following the bloc's tariff increase on EVs. In a recent closed-door meeting, Chinese automakers pushed its government...
BYD has been selected as the official e-mobility partner of UEFA Euro 2024, replacing Volkswagen, signifying the increasing prominence of Chinese businesses on the international st...
The European Union is expected to announce punitive tariffs on China-made EVs after the European Parliament's election this week. Many European-branded vehicles and Tesla EVs are...
