Global EV sales up 21% in July as China records biggest jump of 2024: Rho Motion
Global EV sales rose 21% in July, driven by China's growth, despite European declines and tariffs on Chinese imports, per Rho Motion.
India’s Mahindra seeks nod for $3 billion Shaanxi JV, sources say
Automaker Mahindra & Mahindra and China's Shaanxi Automobile Group have agreed to set up a $3bn JV to build a car manufacturing plant...
China auto sales fall in July, while exports jump about 20% as automakers expand across the globe
Auto sales in China slipped 5% from a year earlier, although exports jumped 20% as makers of electric vehicles expanded into global markets
China’s EV maker BYD launches first model with lidar sensor
2025 version of the Seal EV from BYD will have lidar sensors, becoming the company's first model to do so.
Hyundai to invest $28 million in Thailand for EV assembly, batteries
New Hyundai Thailand factory will assemble EVs and batteries as the South Korean carmaker joins Chinese companies in using country as a base...
Tesla’s China-made EV sales rise 15.3% y/y in July
Domestic sales rise for Tesla's China-made Model 3 and Model Y electric vehicles.
Tesla registers insurance broker in China, national database shows
Tesla insurance firm registration could allow company to offer customers lower-cost products.
Canadian union Unifor calls for strict tariffs on imported Chinese EVs, components
Unifor urges Ottawa to impose high tariffs on Chinese EVs and components, citing unfair competition risks to the local EV sector.
Weak yen helps Toyota compensate for Japan issues and EV woes
Toyota profits see modest rise despite certification issues in Japan and concerns over China gaining market share for EVs.
Uber, BYD partner to bring EVs to ride-hailing platform globally
Uber and BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new EVs to the ride-hailing platform
