Tesla’s China-made EV sales drop 4.3% in Nov
Tesla's share of the world's largest EV market shrank to 6% in sales terms in October.
From China woes to EV troubles, VW faces rocky road
Chinese EV makers like BYD thrive with tech-packed models, while VW struggles with its electric transition.
Seeking higher margins, Stellantis CEO Tavares lost some core customers
Stellantis faces rising prices and shrinking market share in Europe, where inflation-hit buyers seek affordable alternatives.
Nissan CFO Stephen Ma to step down, Bloomberg News reports
Like many foreign automakers, Nissan struggles in China as local brands dominate with affordable EVs and hybrids.
Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say
Mercedes-Benz taps China's Momenta for ADAS tech, with $75M investment, aiming to regain market share in China by 2025.
Thai investigation clears BYD over discounts, sources say
The Thailand government in July launched a probe into BYD's local distributor, Rever Automotive, over a pricing complaint.
Volkswagen India unit faces $1.4 billion tax evasion notice
Volkswagen shares fell as much as 2.13% on the Frankfurt stock exchange after Reuters reported the India tax notice.
Chinese EV maker BYD asks dozens of suppliers for price cuts, Yicai reports
The Chinese EV maker mainly sent requests to suppliers of electric control units and sensors.
After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical
EV adoption in China thrives with government support, while the U.S. and Europe struggle with costs, infrastructure, and policy.
China’s Hesai to halve lidar prices next year, sees wide adoption in electric cars
China’s Hesai to cut lidar prices by 50 per cent, boosting EV adoption; plans global expansion amid rising demand from automakers.
