High costs, slowing China: Volkswagen’s perilous road ahead
Volkswagen faces high costs, China competition, and a troubled EV transition, as tense pay talks with unions begin.
Analysis: Biden’s car-tech ban is a powerful new weapon against Chinese EVs
By David Shepardson, Nora Eckert and Abhirup Roy WASHINGTON/DETROIT (Reuters) -The Biden administration’s proposed ban on Chinese connected-car technology could prove its strongest...
Northvolt to axe 1,600 jobs as Europe’s EV hopes stall
Northvolt cuts 1,600 jobs and suspends expansion as it faces production issues, slow EV demand, and competition from China.
Volkswagen plans stop to production at jointly-owned China plant
Volkswagen plans to shift Passat production from its Nanjing plant in China, addressing overcapacity struggles in the market.
China’s BYD ramps up hiring as Beijing prioritises employment
BYD has increased its workforce to more than 900,000 people, making the Chinese EV giant one of the largest employers in the country.
Struggling Northvolt stokes fear for Europe’s battery future
Northvolt's decision to cut jobs and scale back operations raises doubts about Europe's bid for a leading EV battery maker.
US House passes bill targeting China that would limit EV tax credits
The House voted 217-192 to tighten rules limiting Chinese content in EVs eligible for U.S. tax credits; Senate yet to act.
China’s Geely scouting locations for Europe plant
Geely is exploring locations for a potential EV plant in Europe but hasn't fully committed, with talks ongoing in Poland.
Thailand’s EV makers seek to renegotiate govt incentives as sales slow
Manufacturers push for an extension of deadlines to keep Thai EV incentives as sales miss expectations.
