Chinese cars are selling at record levels in Russia. Competition from European, Korean, and Japanese carmakers has vanished since Western sanctions were imposed on Russia. Chinese automakers face increasing tariffs in other regions. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking…
Tesla stands to benefit from any removal of consumer tax credits on electric vehicle purchases. The move could hurt competitors more, CEO Elon Musk said. Tesla makes a vast majority of EVs sold in the US, but its lead has started to slip slightly. Thanks for signing up! Access your favorite topics in a personalized…
Tesla has criticized the US government’s plans to ban Chinese software from US cars. In a regulatory filing, the automaker said the new rules would add “unneeded regulatory burdens.” President Joe Biden announced plans to ban Chinese software after clamping down on China’s EV giants. Thanks for signing up! Access your favorite topics in a…
A mixture of diverse, quirky and eye-catching stories have captured public attention and sparked debate across social media in China in recent days. From a robot dog porter to a viral search for love in Hong Kong, and a food scandal at a school in China. The Post offers you a glimpse into these trending…
(Reuters) — German premium automaker Mercedes-Benz (MBG.DE, MBGAF) on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts’ estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy. “The Q3 results do not meet our ambitions,” CFO Harald Wilhelm said in a statement, adding…
Big taxes will be imposed on imports of electric vehicles from China to the EU after the majority of member states backed the plans. The move to introduce tariffs aims to protect the European car industry from being undermined by what EU politicians believe are unfair Chinese-state subsidies on its own cars. Charges of up…
Drivers in Santa Ana and beyond will get to experience the future of filling up when Rove opens to the public on Oct. 15. The local developer of full-service electric vehicle charging centers is opening a new location at 1008 E. 17th St. It will be the first of its kind with a ReCharge by…
‘The 4-square method’: Here’s how American car dealers make big profits — and how not to get fooled Car dealers aren’t always known for prioritizing your budget. While most people realize this, the lengths some dealers go to to separate you from your hard-earned money is more extensive than you might think. For example, most…
Reliance Industries is also assessing the feasibility of establishing a battery manufacturing plant, starting with a capacity of 10 gigawatt hours (GWh) and scaling up to 75 GWh over the next decade. India’s Reliance Infrastructure is exploring the possibility of manufacturing electric cars and batteries. The company, part of Anil Ambani’s Reliance Group, is seeking…
With state government subsidies for electric vehicles slowly rolling back in Australia, there are concerns about whether Aussies will still be keen to buy them. (Source: LinkedIn/Getty) While the electric vehicle (EV) market has been getting stronger year-on-year in Australia, that trend could soon start to slow down as government subsidies fade away. Queensland has…