VW buckles after years of pressure to sell up in Xinjiang
Volkswagen announced it will extend its partnership with SAIC to 2040 while selling operations in Xinjiang.
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.
Analysis: How Trump’s Mexico tariffs could hurt Europe’s auto industry
Trump's proposed tariffs on Mexico could harm European carmakers like Volkswagen and Stellantis more than EU-specific tariffs.
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
The Biden administration announced a $6.6B loan to Rivian to build its fuel-efficient vehicles and work toward profitability.
Trump’s tariff pledges rattle US, European auto shares
European automakers' shares fell as Trump pledged tariffs on Canada, Mexico, and China.
Volkswagen has taken major writedown on Northvolt stake, sources say
Volkswagen has written down its 21 per cent Northvolt stake amid the Swedish battery maker's bankruptcy filing, reflecting EV market struggles.
Goldman funds to take $900 million hit on Northvolt: Financial Times report
Funds managed by Goldman Sachs, which together ranked as the second-largest shareholders in Northvolt, will write off nearly $900M by year's end.
Northvolt crisis may be make or break for Europe’s EV battery ambitions
Northvolt’s bankruptcy highlights Europe’s struggle to build a battery industry amid Chinese dominance and slowing EV demand.
Sweden’s Northvolt files for bankruptcy, in blow to Europe’s EV ambitions
Northvolt files for U.S. Chapter 11 bankruptcy, seeking to restructure $5.8B debt while securing $245M to sustain European battery hopes.
Automakers urge Trump to preserve EV tax credits, boost self-driving cars
Automakers urge Trump to retain EV tax credits, ease emissions rules, and support self-driving tech amid rising competition from China.
