Sunday, 23 February 2025

Focus on Geely Holding

FILE -New cars wait for transportation near a Sallaum Lines ro-ro ship seen by the dock in Yantai in east China's Shandong province on Tuesday, Aug. 6, 2024. (Chinatopix via AP, File)
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNewsPoliticsTradeTransport

China auto sales fall in July, while exports jump about 20% as automakers expand across the globe

Auto sales in China slipped 5% from a year earlier, although exports jumped 20% as makers of electric vehicles expanded into global markets

FILE PHOTO: Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Volvo Cars’ July sales rise 6%, driven by EVs in Europe

Sales of electric and hybrid models push Volvo figures higher than last year.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

Chinese industry body tells EU to correct its findings on EVs

EU tariffs on EVs built in China breach global trading rules, according to an industry body representing 12 Chinese automakers.

FILE PHOTO: Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Volvo Cars blames EU tariffs as it cuts 2024 sales forecast

Volvo produced 211,900 cars in the second quarter, more than it sold amid the decline in European demand for EVs. 

China has spearheaded a targeted industrial strategy to boost its EV sector, pouring vast state funds into domestic firms (AFP)
AnalysisBusinessElectric Vehicles (EVs)FinanceIn-DepthPoliticsTrade

Why are Chinese EVs facing EU scrutiny and tariffs?

Beijing has yet to react but a Chinese trade group condemned the bloc's "protectionism".

Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker's showroom in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

Tesla cars for first time on Chinese government purchase list

Tesla Model Y was included in a list of electric and plug-in hybrid models that government in China can purchase as a service...

FILE PHOTO: A Polestar 2 electric car is seen in Stockholm, Sweden in this undated photo obtained February 27, 2019. Polestar/Handout via REUTERS
BusinessElectric Vehicles (EVs)NewsPoliticsTrade

Polestar posts loss, plans steps to offset tariffs on China-made EVs

The Swedish company currently makes all its electric vehicles in China.

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
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Polestar reports decline in 2023 revenue as EV maker grapples with slowing demand

EV-maker Polestar said on Friday, that its 2023 revenue fell about 3% and its losses widened as it grappled with slowing demand

An electric car of Zeekr, a premium brand owned by Chinese automaker Geely, is on display at the Frank-Auto dealership in Moscow, Russia June 14, 2024. REUTERS/Yulia Morozova
AutomotiveBusinessElectric Vehicles (EVs)News

Zeekr’s sales jump as Chinese dominate Russian EV market

Sales of Zeekr electric vehicles have shot up in Russia in the last year, putting Chinese carmakers ahead of local competition

FILE PHOTO: Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks at a press conference about changes to capital gains tax legislation, on Parliament Hill in Ottawa, Ontario, Canada, June 10, 2024.  REUTERS/Patrick Doyle/File Photo
AutomotiveCritical MineralsElectric Vehicles (EVs)NewsPoliticsTrade

Canada, inspired by EU and US, considers imposing import tariffs on Chinese EVs

Canada's government is considering whether to impose tariffs on China-made electric vehicles as it seeks to align itself with allies against what they...

Login into your Account

Please login to like, dislike or bookmark this article.