Auto parts maker Sona BLW Precision Forgings Ltd (Sona Comstar) has entered into a joint venture with China-based Jinnaite Machinery Co Ltd (JNT) to make a strategic foray into the Chinese electric vehicle (EV) market. As per news agency PTI, the combined investment in the joint venture is pegged at $20 million (around Rs 167…
Sona Comstar has entered China’s electric vehicle market through a joint venture with Jinnaite Machinery Co. at a time when its US business is facing headwinds due to Trump’s tariffs and India unit is suffering because of Chinese rare earth restrictions. The Gurugram-based firm will invest $12 million in the joint venture and hold a…
BYD (1211.HK) capped off a strong 2024 with positive results as Tesla’s main rival in China sets up for another big year. BYD’s full year jumped 29% to 777 billion yuan ($107 billion) vs. 776 billion yuan estimated, crossing $100 billion in sales for the first time. Net income rose 34% to 40.3 billion yuan…
Car expert Paul Maric said the EV market was entering a rough period as Aussies weigh up whether to jump on the bandwagon. (Source: Getty/YouTube) Electric vehicle (EV) sales in Australia have fallen to a more than two-year low, with 2025 tipped to be a major watershed moment for the motoring industry. The popular new…
We recently compiled a list of the 11 Small Cap EV Stocks to Invest In. In this article, we are going to take a look at where NIO Inc. (NYSE:NIO) stands against the other small-cap EV stocks. The global electric vehicle (EV) market continues to expand, driven by the need for sustainable transportation and advancements…
We recently compiled a list of the 11 Small Cap EV Stocks to Invest In. In this article, we are going to take a look at where EnerSys (NYSE:ENS) stands against the other small-cap EV stocks. The global electric vehicle (EV) market continues to expand, driven by the need for sustainable transportation and advancements in…
Detroit, Nov. 12, 2024 (GLOBE NEWSWIRE) — The global electric vehicle wire harness market is projected to witness a growth rate of 14.1% annually from 2024 to 2030, with an anticipated size of US$ 62.1 billion by 2030, according to an analysis by Stratview Research. Stratview Research, a global market research firm has launched a…
Company Logo Chinese Electric Vehicle Charging Stations Market Chinese Electric Vehicle Charging Stations Market Dublin, Oct. 28, 2024 (GLOBE NEWSWIRE) — The “China Electric Vehicle Charging Stations Market – Forecasts from 2024 to 2029” report has been added to ResearchAndMarkets.com’s offering. China’s electric vehicle charging stations market is anticipated to expand at a CAGR of…
Retail sales of passenger vehicles in China rose by 2% year-on-year to 2.06 million units in September 2024, according to preliminary data released by the China Passenger Vehicle Association (CPCA). This follows five consecutive months of decline, reflecting weak economic growth as domestic consumption continued to be held back by the ongoing property crisis in…