Tuesday, 1 April 2025

Focus on Geely Holding

FILE PHOTO: A staff member works on an assembly line manufacturing Geely's GX6 cars, at the Geely's plant in Chengdu, Sichuan province, China April 13, 2023. REUTERS/Zoey Zhang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryNewsPoliticsTradeTransport

China warns carmakers of risks in building plants overseas, sources say

As EV makers plan global factories to beat import tariffs, China's commerce ministry advises against certain countries.

FILE PHOTO: A staff member cleans the Geely Galaxy E8 electric vehicle at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

China’s Geely scouting locations for Europe plant

Geely is exploring locations for a potential EV plant in Europe but hasn't fully committed, with talks ongoing in Poland.

FILE PHOTO: A BYD Seal electric vehicle (EV) is displayed at a car dealership in Shanghai, China, February 3, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

China auto suppliers, EV makers flood major trade fair in Germany

To gain a foothold amid looming tariffs, Chinese EVs come to Germany to show off vehicles at trade fair.

An EV charger next to a Volvo car at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Volvo Cars scales back margin and revenue ambitions

After axing EV target, Volvo Cars lowers revenue and margin aims while pledging one 'technology stack' for all models.

FILE PHOTO: An EV charger next to a Volvo car at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Volvo Cars abandons 2030 EV-only target

Volvo has scrapped its all electric by 2030 target, saying it now expected to still be offering some hybrid models in its lineup...

FILE PHOTO: A logo of Polestar is pictured on a car at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

EV firm Polestar taps former Stellantis finance executive as CFO

Jean-Francois Mady appointed CFO of Polestar as the EV maker faces tussle over EU tariffs and stiff competition.

FILE PHOTO: The Polestar 4 electric SUV is displayed at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/Brendan McDermid/File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsTrade

EV tariffs could hurt European companies and industry, Polestar CFO says

Polestar CFO warns EU and U.S. tariffs on China-made EVs could harm European industry, as Polestar shifts production.

A logo of Polestar is pictured on a car at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Polestar shares rebound on funding boost, margins reassure

Polestar shares rise after announcing $1.3bn in external funding after months of setbacks.

FILE PHOTO: A Tesla logo is seen on the body of its electric vehicle (EV) during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song/File Photo
Electric Vehicles (EVs)NewsPoliticsTrade

Tesla asked Canada for lower tariff on China-made EVs: govt source

Tesla sought a lower tariff on Chinese-made EVs before Canada imposed a 100% duty, similar to the EU's approach.

A guest looks at the Polestar 3 SUV during the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTransport

Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs

Polestar begins production in South Carolina facility on electric SUVs in move to avoid tariffs on Chinese-made cars.

Login into your Account

Please login to like, dislike or bookmark this article.