Toyota plans to produce at least 2.5 million vehicles annually in China by 2030. This significant shift will bring its sales and production operations in China…
Browsing: #EV
Mercedes-Benz lowered its full-year profit margin target for the second time in less than two months. The company joins an increasing number of competitors blaming declining…
On Friday, Ford Motor announced its intention to reopen an export-oriented manufacturing facility in Tamil Nadu, India. The company might reenter a market it exited three…
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,…
Ola Electric surged 20%, reaching a $6.99 billion valuation, after launching motorcycles and promising lower costs with in-house batteries. The e-motorcycle launch will heighten competition in…
Ola Electric Mobility’s shares rose 20% on debut, valuing it at $4.8 billion, as investors anticipate growth in electric vehicles. The stock listed flat at 76…
On Friday, the Sweden-based automaker reported a 6% year-over-year increase in Volvo Cars’ July sales, reaching 57,447 units. This rise was primarily driven by a surge…
Toyota’s global production fell in June, marking the fifth consecutive month due to a home market scandal and China’s price war. Japan’s top automaker’s global output…
According to a report published on Friday in the Nikkei business daily, Toyota Motor of Japan intends to construct an electric vehicle battery plant in the…
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…