Focus on Automotive
China says EU escalation of trade friction could trigger ‘trade war’
The EU could trigger a 'trade war' if it continues to escalate tensions, China's commerce ministry said Friday, accusing the bloc of foul...
Chinese automakers retain grip over Southeast Asia’s booming EV market
EV sales are surging in Southeast Asia, led by China's BYD and Vietnam's VinFast Counterpoint Research said on Friday
Nikola plans 1-for-30 reverse stock split to comply with Nasdaq listing rules
US manufacturer of heavy-duty commercial EVs Nikola on Thursday announced a 1-for-30 reverse stock split to comply with Nasdaq listing rules
China says EU mandated its EV firms turn over ‘unprecedented’ amounts of data
The EU sought an unprecedented amount of information during its investigation into Chinese subsidised EV imports, China's commerce ministry said on Thursday
EU electric car sales drop in May as German demand slumps, industry says
Sales of new battery-electric cars in the EU dropped 12% in May from a year earlier, led by a 30% plunge in Germany,...
EV startup Fisker’s U.S. units file for bankruptcy
Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a...
China approves autonomous driving startup Momenta’s US IPO
China's securities regulator said on Monday it has approved autonomous driving startup Momenta Global Limited's initial public offering (IPO) in the United States
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels' curbs on exports of Chinese-made EVs
Ferrari’s first electric car to cost over $500,000, source says
Ferrari's first electric car will cost at least 500,000 euros, as the luxury automaker prepares to open a plant that will make the...
Detroit Three automakers should exit China, leading analyst says
John Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be...
