Amidst a fierce price war, China’s Xiaomi announced on Tuesday that it will start shipping its inaugural electric car (EV), the model SU7, this month. Furthermore,…
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China’s largest electric vehicle (EV) producer, BYD (002594.SZ), unveiled a new version of its best-selling car on Monday. The release comes at a lower price than…
On Wednesday, Polestar announced securing a $950 million loan from a bank syndicate, filling a gap left by Volvo Cars’ decision to cease funding the electric…
On Wednesday, Kyodo news reported that Toyota Motor, during the second round of pay talks, did not respond to the trade union’s wage demands. For the…
On Wednesday, Toyota Motor (7203.T), the world’s largest automaker, refrained from responding to its union’s request for substantial pay raises and record bonuses. This lack of…
BYD Co Ltd from China will open a new electric vehicle (EV) factory in Mexico, according to Nikkei. The EV maker aims to create an export…
Volvo Cars (VOLCARb.ST) announced on Thursday that it would no longer fund Polestar Automotive Holding (A4N1y.F), handing over responsibility for the luxury car brand to China’s…
BYD, a Chinese company, has moved one step closer to dethroning Elon Musk’s Tesla as the world’s largest seller of electric vehicles. The company announced on…
The United Auto Workers and the Detroit Three automakers began talks on Saturday, a day after the union launched the most ambitious U.S. industrial labor action…