Volvo Cars seeks to oust Northvolt from EV battery venture
Volvo seeks Northvolt’s stake in their battery JV NOVO but needs a new partner to maintain gigafactory plans, aiming for 2026 production.
Chinese automaker Geely steps up challenge to BYD with new hybrid tech
Geely’s new Leishen hybrid tech outperforms BYD in fuel efficiency with 2.62L/100km and 2,390 km range, boosting hybrid competition.
EU adopts extra tariffs of up to 35.3% on Chinese EVs
The EU will impose new tariffs on Chinese electric cars after a probe found unfair subsidies, risking trade tensions with Beijing.
Biden proposal would ‘effectively prohibit’ sale of Polestar cars in US, automaker says
Polestar stated that a proposed Biden rule banning Chinese vehicle tech would "effectively prohibit" its sales in the US.
China’s CATL unveils new battery for extended-range hybrids
Chinese battery giant CATL launched its first battery product focused on extended-range hybrids.
Volvo Cars cuts full-year growth outlook on EV slowdown
Volvo Cars beat Q3 profit expectations but cut its full-year sales growth forecast amid a premium market slowdown.
Germany to vote against EU tariffs on Chinese electric vehicles, sources say
Germany will vote against EU tariffs on Chinese electric vehicles, sources tell Reuters; government spokesperson declines to comment.
Climate change, economics muddy West’s drive to curb Chinese EVs
Experts argue the West cannot afford to support its stagnating car industry while pushing for ambitious climate goals.
Macron backs Chinese EV tariffs as Scholz calls for dialogue
French President Emmanuel Macron reaffirmed his support for EU tariffs on Chinese electric vehicles, during a visit to Berlin on Wednesday.
Polestar Announces Date of AGM and Board Changes
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) is holding its Annual General Meeting (AGM) in London on 7 October 2024. Full details of the AGM,...
