Focus on Automotive
China’s BYD to launch first pick up truck at event in Mexico
China's EV giant BYD said Tuesday it will hold the global launch of its first pick up truck, the BYD Shark, at an...
EV truck maker Nikola misses first-quarter revenue estimates
Nikola missed Wall Street expectations for quarterly revenue on Tuesday, as the electric truck maker delivered fewer hydrogen fuel cell trucks amid an...
Tesla’s China-made EV sales fall 18% y/y in April
BEIJING (Reuters) – U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, lagging the broader market’s...
Toyota to get an earnings lift from hybrids as EV hype cools
Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday
China’s Zeekr to close $367.5 million New York IPO one day early, source says
Chinese EV maker Zeekr Intelligent Technology Holding will close its New York IPO bookbuilding to raise up to $367.5 million on Wednesday
China’s Nio turns to rival BYD to power new EV brand, sources say
China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a...
Tesla lays off more staff in software, service teams, Electrek reports
EV maker Tesla has launched another round of layoffs including staff from the software, service and engineering departments
Nio on track to unveil its first mass-market car in May, executive says
China's premium EV maker Nio is on track to unveil a new model under a mass-market brand by the end of this month
French carmakers target fourfold jump in EV sales by 2027
French car industry will ramp up EV sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday
EU election could force sharp turn in electric car policy
EU changes could affect 2035 target to phase out sales of internal combustion engine cars, despite EV transition progress
