Sunday, 23 February 2025
FILE PHOTO: A brine pool reflects clouds at a lithium mine in the Atacama salt flat, close to San Pedro de Atacama area, Antofagasta region, Chile May 4, 2023. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Rio Tinto, BYD and LG Energy eligible for Chilean lithium project

Major mining companies can proceed with proposals for Altoandinos lithium project, says state-run company.

Leading Chinese automaker BYD's sales were boosted by strong demand for electric cars (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Chinese EV giant BYD posts 24.4% rise in profit

BYD profits rise as electric and hybrid vehicles account for more than half of all Chinese sales, despite looming global tariffs on EVs.

FILE - Visitors tour by local auto industries booths showcasing their latest electric cars at the Auto China 2024 in Beijing on April 28, 2024. (AP Photo/Andy Wong, File)
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

China accuses Canada of protectionism over tariffs on EVs

Chinese Commerce Ministry criticises Canadian tariffs on EVs and urges government to "correct its wrong practices" over the move.

FILE PHOTO: Visitors look at BYD's Fangchengbao Super 9 electric convertible concept vehicle displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s BYD to use Huawei’s self-driving system in off-road EVs

Upscale Fangchengbao brand from BYD to use self-driving tech developed by Huawei as Chinese manufacturers band together in face of tough pressures.

The Song Pro, a hybrid-electric SUV by Chinese automaker BYD, is displayed during an event in Mexico City, Mexico, August 21, 2024. REUTERS/Toya Sarno Jordan
AutomotiveNews

Chinese EV maker BYD eyes state incentives for Mexico plant

Chinese automaker BYD launched its new plug-in hybrid SUV, the Song Pro, in Mexico, priced from nearly 600,000 pesos ($31,000).

According to the Atlantic Council, Chinese sales of EVs abroad rose 70 percent in 2023, reaching $34.1 billion. Almost 40 percent went to the European Union (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsPoliticsTradeTransport

EU plans 36% tariff on Chinese EVs, lower for Tesla

EU Tesla tariffs pegged at just 9% as the bloc continues trade battle with China over state subsidies.

FILE PHOTO: A logo of XPeng is seen on the electric flying car XPeng Voyager X2 by XPeng AeroHT, before a demonstration flight in Beijing, China June 18, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

XPeng projects lower-than-expected quarterly revenue

Tough competition in the EV market and increased EU tariffs on Chinese-made vehicles lead to lower XPeng revenue forecasts.

An attendee takes photos of the Chinese electric vehicle BYD models on display, during an event to announce the plans to open a car production plant in Pakistan, in Lahore, Pakistan August 17, 2024. REUTERS/Stringer
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNews

China’s BYD plans car plant in Karachi as part of Pakistan entry

BYD is the first major new electric vehicle entrant in the Pakistani market, where there is a lack of charging infrastructure.

News Release

European EV Sales Fall Year on Year

13 August 2024 Rho Motion, the leading research-house looking at the electric vehicle (EV) market, today revealed that 1.4M EVs were sold globally...

Electric Vehicle charging stations are seen a residential building parking area in Mumbai, India, July 26, 2024. (AP Photo/Rajanish Kakade)
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Indians who paid a deposit for Tesla EVs ask for it back as cars fail to arrive

In the eight years since Tesla’s initial promise to sell cars in India, the automaker has failed to follow through.

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