Saturday, 10 May 2025

Spotlight: Tesla

FILE PHOTO: Visitors walk past a BYD logo 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

China’s BYD boosts production and hiring amid Q3 growth

The Chinese EV maker posted an 11.5% rise in third-quarter net profit.

A man is reflected on Panasonic Corp's logo at Panasonic Center in Tokyo, Japan, February 2, 2017. Panasonic is a key supplier of batteries to Tesla among other EV makers, as well as to data centres. REUTERS/Kim Kyung-Hoon/ File Photo
BusinessElectric Vehicles (EVs)ElectricityManufacturingNewsStorage

Panasonic’s battery unit Q2 operating profit rises 42%, keeps forecast

TOKYO (Reuters) -Japan’s Panasonic Holdings said on Thursday second-quarter operating profit rose 42% at its battery-making energy unit, as stronger sales of energy...

An image featuring the BYD logo with silhouettes of people in the background.
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

Chinese EV giant BYD beats Tesla in quarterly revenue for first time

China's BYD reported surging sales, surpassing Tesla in quarterly revenue for the first time as it expands into overseas markets.

FILE PHOTO: Geely Auto logo is seen in this illustration taken January 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessElectric Vehicles (EVs)Manufacturing

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.

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
AnalysisBusinessElectric Vehicles (EVs)PoliticsTrade

Explainer: What happens as EU concludes investigation of Chinese-made EVs?

The EU formally approved imposing tariffs on Chinese-made EVs on Tuesday after an investigation that has divided the bloc.

Extra duties on imports of electric vehicles from China are due to enter into force on Thursday (AFP)
BusinessEconomyElectric Vehicles (EVs)LegislationNewsPoliticsRegulationsTrade

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.

Xiaomi's new EV sedan SU7 Ultra is unveiled during an event in Beijing, China October 29, 2024. REUTERS/Tingshu Wang
BusinessElectric Vehicles (EVs)ManufacturingNews

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.

News ReleaseNews

Ozop Capital Partners, Inc. Enters Agreement with Empire Auto Protect

Empire Auto Protect to White Label the Fully Charged VSC as EMPIRE PLUS Warwick, NY, Oct. 28, 2024 (GLOBE NEWSWIRE) -- OZOP Capital...

FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo
AnalysisBusinessElectric Vehicles (EVs)Manufacturing

Analysis: Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny

Tesla's ambitious growth forecast of 20-30 per cent for 2025, driven by cheaper models and self-driving tech, faces Wall Street skepticism.

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Battery maker LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit

The company also expects the result of the U.S. election next week to have a significant impact on EV market direction, its CFO...