Hong Kong is in talks with several Chinese electric-vehicle makers to establish local EV manufacturing, according to people familiar with the matter, as the financial hub looks to advanced industries to diversify its ailing economy. The city’s officials aim to develop an EV assembly base — a relatively complex process requiring advanced skills, the people…
When Audi executives first encountered the Zeekr 001 in 2021—a long-range electric vehicle with European styling—it served as a stark wake-up call for the premium German automaker. Chinese technology was needed to compete with Chinese rivals. “The Zeekr 001 back then shocked quite everyone,” said Stefan Poetzl, president of SAIC Audi Sales and Marketing. “We…
German automaking giant Volkswagen’s Chief Executive Officer (CEO), Oliver Blume, said that the European firm is looking at India as a potential market for its affordable small electric car segment and is currently in works with partners on how to introduce them in the nation, reported the news agency PTI on Sunday, 7 September 2025….
BMW (BMW.DE) expects to regain momentum in its largest market, China, through the all-electric Neue Klasse lineup. The series, marking a major transformation of the company’s portfolio, was officially launched this week with its first model, News.Az reports, citing Reuters. “We are more than competitive with this product,” Chief Financial Officer Walter Mertl told…
!['[People] swarmed into a Tesla store'](https://news.charm-retirement.com/wp-content/uploads/2025/09/8fc35f5cfcb209907c241156513dfa68-600x400.jpeg "‘[People] swarmed into a Tesla store’")
The newly released Tesla Model Y L is generating significant interest in China, drawing crowds of potential buyers to showrooms to check out the latest electric vehicle in Tesla’s lineup, as Teslarati reported. The new model is an extension of the existing Model Y lineup, offering six seats as opposed to the Model Y’s five,…
Legendary sports car maker Ferrari has sparked excitement among automotive enthusiasts with news of the company’s first all-electric vehicle, which is slated to hit showrooms in fall 2026, according to an article in CleanTechnica. “The first electric Ferrari will be rooted in our racing heritage and will draw from a broader technical reservoir while preserving…
Electric vehicle makers like Tesla (TSLA), GM (GM), and Ford (F) will be in a world of pain when President Trump’s “One Big Beautiful Bill Act” (OBBB) ends federal EV tax credits later this month. Sales of EVs in the US are expected to be cut in half compared to current levels, at least according…
Tesla Inc (NASDAQ:TSLA) is struggling with sales demand in several territories around the world, including China. A new report suggests that Tesla’s declines in China may have arrived at a particularly inopportune time. What Happened: Increased competition from other electric vehicle and automotive companies has hurt Tesla in China, as it is being outpaced on key…
For Chinese investors, the grass is almost always greener elsewhere. The country’s stockmarket chronically underperforms, meaning that local punters look to bourses in, say, America or Japan, and devise ways of getting cash around China’s capital controls. But this year is different. The Shanghai Composite, an index for China’s domestic market, hit a ten-year high…
It’s the “transition technology” that isn’t going away. For years, sales of plug-in hybrid electric vehicles (PHEVs), which can burn fuel or run off a battery, have been tipped to fall as full-battery electric vehicles (BEVs) take their place. But in Australia, another story is unfolding. PHEV sales are booming. One year ago, not a…