Chinese electric vehicle maker BYD announced on Tuesday that it raised $5.59 billion through a primary share sale, which was expanded in size, making it the…
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Tesla contacted Ottawa and requested a lower tariff on its cars. This request came before Canada announced a 100% duty on electric vehicles built in China,…
CATL and BYD are exploring the expanding market for stationary energy storage solutions in China.Since 2021, CATL leads global battery deliveries for energy storage, holding over…
IG Metall, Germany’s leading union, announced Friday that wage negotiations in October will seek a 7% salary increase from Volkswagen.The leading industrial union in Germany, stated…
Hyundai Motor Co. Launches a New Chapter with IPOHyundai Motor Co. to sell 17.5% shares on Mumbai exchange, potentially the country’s largest offering.The parent company would…
On Friday, French automaker Renault and its Chinese partner Geely announced a highly anticipated joint venture, aiming to boost the competitiveness of their legacy vehicle industry.…
Beijing – On Thursday, Japanese automakers Nissan Motor (7201.T) and Mazda Motor (7261.T) debuted new models designed specifically for Chinese consumers. This move indicates a renewed…
Chinese automakers and shippers are ordering a record number of car-carrying vessels to support an EV export boom, data revealed. This trend positions China to potentially…
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,…
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…