Friday, 28 March 2025
The launch of new electric models like the ID Buzz failed to help VW overcome a downturn in sales of EVs in Europe (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsTrade

Volkswagen deliveries fall in 2024 as electric push slows

The 10-brand group, which includes Audi, Porsche and Lamborghini, sold 9.03 million vehicles last year, down 2.3 per cent from 2023.

FILE PHOTO: A worker cleans a vehicle made by Chinese automobile maker GAC at the company's display during the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Rebecca Cook/File Photo
ElectionsElectric Vehicles (EVs)NewsPoliticsTrade

Biden administration finalizes US crackdown on Chinese vehicles

Biden's administration is finalizing rules that will effectively bar nearly all Chinese cars and trucks from the U.S. market.

FILE PHOTO: A logo of BYD is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

BYD steps up Europe expansion with new compact SUV

The launch comes two months after the European Union approved increased tariffs on Chinese-built EVs.

Hyundai Motor Co. Vice President Chung Yoo Seok and Hyundai Mobility Japan CEO Toshiyuki Shimegi pose next to the company’s compact electric car Hyundai Inster at Tokyo Auto Salon 2025 in Chiba, east of Tokyo, Japan January 10, 2025.  REUTERS/Kantaro Komiya
BusinessEconomyElectric Vehicles (EVs)News

Hyundai launches $18,000 EV in Japan to penetrate EV-wary market

South Korea’s Hyundai aims to boost its Japan sales tenfold with the Inster, a 2.85M-yen ultra-affordable compact EV, challenging local giants.

Hundreds of BYD electric vehicles lined up for export in Yantai, eastern China (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s electric and hybrid vehicle sales jump 40.7% in 2024

The world's largest automotive market has also seen fierce competition among domestic car manufacturers.

FILE PHOTO: A visitor stands next to a BYD Sealion 7 EV car at the 41st Thailand International Motor Expo, in Bangkok, Thailand, November 29, 2024. REUTERS/Athit Perawongmetha/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTrade

China’s BYD says 5,000 NEVs set sail for Europe

BYD said on Wednesday that a third roll-on/roll-off ship carrying close to 5,000 new energy vehicles bound for Europe has set sail.

FILE PHOTO: A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza/File photo
BusinessElectric Vehicles (EVs)LabourNews

BYD brought hundreds of Chinese workers to Brazil on irregular visas, inspector says

BYD faces scrutiny in Brazil after 163 workers found in "slavery-like conditions" at EV factory, pledging compliance.

A BYD SEAL car by Chinese car manufacturer BYD is on display at Germany's Essen Motor Show on December 4, 2024 (AFP)
AnalysisBusinessEconomyElectric Vehicles (EVs)

‘Lost year’: Germany electric car sales go into reverse

Germany's EV sales plummeted 27.4 per cent in 2024, with 380,609 registrations, amid subsidy cuts and high prices, marking a lost year.

FILE PHOTO:A car gets charged at a charging point in Oslo, Norway, December 11, 2024. REUTERS/Leonhard Foeger/File Photo
BusinessElectric Vehicles (EVs)NewsTradeTransport

Chinese electric vehicles gain market share in Norway

Wealthy Norway is far ahead of most countries in the switch to electric vehicles, and has not imposed tariffs on Chinese EVs.

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