The European Union has decided to send officials to Beijing to hold more talks aimed at finding an alternative to tariffs on electric vehicles from China, according to people familiar with the matter. Agreeing to accept China’s invitation to travel to Beijing suggests there is some momentum in the negotiations, the people, who spoke on…
China’s electric vehicle makers are on track to hit ambitious annual sales targets as they emerge as the victors from an intense price war that’s seriously wounded legacy foreign brands in the world’s biggest auto market. Analysis by Hyperdrive points to an improved picture for the major Chinese EV players at the end of the…
Mercedes-Benz Group AG was once a standard-bearer of automotive refinement, but swooning sales and profits underscore how even the lucrative upscale end of the car market is feeling the heat from China. Manufacturers led by BYD Co. have opened a new front in the fight for dominance of the auto industry by redefining “Made in…
Two weeks after a robotaxi event that failed to inspire, Tesla re-pivoted rather more successfully — back to the car business. And yet Wednesday evening’s earnings call echoed the vagueness and confusion that marked that earlier event. Altogether, it tees up a high-stakes fourth quarter and, more importantly, 2025. Tesla beat the consensus earnings estimate…
BMW Group posts significant Battery EV growth in challenging market conditions – +19.1% in first nine months Munich. In a globally challenging market, the BMW Group increased its sales of fully-electric vehicles by +19,1% in the first nine months of 2024, with a total of 294,054 BEVs delivered to customers. During this period, BMW brand…
The U.S. is reportedly readying a ban on Chinese technology in connected and autonomous cars. That prohibition — borne of national security concerns — from the U.S. Commerce Department is expected on Monday (Sept. 23), Reuters reported, citing two sources familiar with the matter. Those sources said the proposal would ban the import and sale…
Global demand for electric vehicles (EVs) has cooled in recent months after a dramatic rise over the last decade, leading several major car manufacturers to scale back electrification plans. Despite a slowing domestic economy, China is steaming ahead with its own transition to EVs. And while legacy Western automakers seem to have hit a speed…
July 15-17, 2025 | AsiaWorld-Expo, Hong Kong HONG KONG, Sept. 20, 2024 /PRNewswire/ — The Battery Show, organized by Informa Markets, is a globally recognized platform for cutting-edge battery technology, energy storage solutions and electric/hybrid vehicle (EV/HV) innovations. It is expanding its reach with the inaugural The Battery Show Asia 2025, which will take place from July 15-17, 2025,…