Scania tries to breathe life into troubled EV battery maker Northvolt
Four Northvolt workers told Reuters they had seen Scania employees inside the factory in recent months.
VW, union agree to cut 35,000 jobs in Germany, avert strikes
Volkswagen strikes deal with unions, avoiding mass strikes; plans 35,000 job cuts, cost reductions, and future investments.
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.
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.
Crisis-hit EV battery champion Northvolt struggles to hit production targets
Northvolt, a key player in Europe’s EV battery market, struggles with production, curtails output, and faces financial woes.
Xiaomi chief touts Nurburgring record ahead of EV launch
Xiaomi's SU7 Ultra prototype set a Nurburgring record for four-door cars, completing the lap in 6:46.874 ahead of its launch.
Porsche AG flags cost cuts as China weakness, slowing EV shift hits profits
Porsche AG may cut costs after a slower-than-expected transition towards electric vehicles and persisting weakness in the Chinese market.
Porsche’s nine-month China sales plunge by third
Porsche on Friday posted a 29 per cent nine-month sales drop in China, joining peers BMW and Mercedes in reporting weaker results in...
Porsche to recall over 27,000 EVs in US over battery short circuit risk
Porsche recalls 27,527 Taycan sedans in the U.S. due to potential battery short circuit, posing fire risks, per NHTSA.
