Focus on Automotive
Tesla eases investor fears with crucial EV growth forecast, shares jump
Tesla's stock surged nearly 12% after strong sales forecast, assuring investors of Musk's commitment to EV growth.
China’s CATL unveils new battery for extended-range hybrids
Chinese battery giant CATL launched its first battery product focused on extended-range hybrids.
Hyundai Motor’s Q3 operating profit falls 7% from a year earlier
Hyundai warns of slowing demand, posts seven per cent drop in Q3 profit, but maintains 2024 earnings target; shares fall five per cent...
Renault beats Q3 forecasts as new launches lift sales
Renault posted a surprise Q3 revenue rise, driven by demand for new hybrids, despite declining sales volumes amid a tough market.
Software firm Dassault Systemes cuts 2024 forecast again on auto sector slowdown
Dassault Systemes cuts 2024 revenue growth forecast again, citing automotive slowdown, amid competitive pressure from rivals.
US lawmakers pressure automaker Stellantis on investment commitments
The union and the Jeep-maker have been in a bitter battle after Stellantis said it would delay a planned investment to reopen an...
US automakers urged to innovate despite tariffs on Chinese rivals
U.S. auto leaders warn against complacency as Chinese rivals outpace in EV tech, despite short-term tariff relief.
Do electric cars greatly increase the average mass of cars on the road? Not in Australia
Electric cars won’t significantly increase fleet mass in Australia, countering claims about battery weight and safety concerns, study finds.
Xiaomi: EV plant expansion to be completed in mid-2025, report says
Chinese smartphone maker Xiaomi Corp is set to complete its electric vehicle factory expansion by mid-2025.
Hybrids top petrol power for first time in EU new car sales, ACEA says
Hybrids overtook petrol-powered vehicles in EU new car sales for the first time in September, industry data showed on Tuesday.
