Polestar expects delayed profitability as EV demand weakens, competition intensifies
The company has struggled to scale amid weakening EV demand and intensifying competition from legacy manufacturers.
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.
Nissan open to pooling on CO2 to avoid fines in Europe
Nissan considers pooling with carmakers to meet EU CO2 targets, exploring short-term options amid regulatory shifts.
Polestar raises hope as order intake rises
The company reported retail sales of 12,256, up from 11,640, and a 37% rise in order intake compared to a year earlier.
Baidu, Geely’s EV venture faces uproar after it says needs fresh funds
A bruising price war in China, the world's largest auto market, has hurt some smaller automakers.
Analysis: China automakers pivot to hybrids for Europe to counter EV tariffs
The bloc's latest EV tariffs to protect its auto industry from a flood of cheap Chinese imports do not apply to hybrid cars.
China’s Zeekr to take control of sister brand Lynk, sources say
Under the deal, Zeekr will purchase Volvo Cars' entire 30% stake in Lynk and a 20% stake from Geely Holding.
Bentley to launch SUV EV in 2026, extend sales of plug-in hybrids to 2035
Bentley delays full EV shift to 2035, launching its first electric SUV in 2026 with plans for hybrids till 2035, citing demand.
More govt support and public exposure to EVs needed: Polestar UK boss
Polestar’s UK boss calls for more government incentives and exposure to EVs to drive sales and reduce charging concerns.
China tells carmakers to pause investment in EU countries backing EV tariffs, sources say
China advises automakers to halt investments in EU nations backing new EV tariffs, potentially widening the Europe-China rift.
