Friday, 21 February 2025

Focus on XPeng Motors

The launch of new electric models like the ID Buzz failed to help VW overcome a downturn in sales of EVs in Europe (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsTrade

Volkswagen deliveries fall in 2024 as electric push slows

The 10-brand group, which includes Audi, Porsche and Lamborghini, sold 9.03 million vehicles last year, down 2.3 per cent from 2023.

A BYD SEAL car by Chinese car manufacturer BYD is on display at Germany's Essen Motor Show on December 4, 2024 (AFP)
AnalysisBusinessEconomyElectric Vehicles (EVs)

‘Lost year’: Germany electric car sales go into reverse

Germany's EV sales plummeted 27.4 per cent in 2024, with 380,609 registrations, amid subsidy cuts and high prices, marking a lost year.

FILE PHOTO:A car gets charged at a charging point in Oslo, Norway, December 11, 2024. REUTERS/Leonhard Foeger/File Photo
BusinessElectric Vehicles (EVs)NewsTradeTransport

Chinese electric vehicles gain market share in Norway

Wealthy Norway is far ahead of most countries in the switch to electric vehicles, and has not imposed tariffs on Chinese EVs.

FILE PHOTO: A Mercedes Benz E300 is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say

Mercedes-Benz taps China's Momenta for ADAS tech, with $75M investment, aiming to regain market share in China by 2025.

Employees work on assembling vehicles at a plant of SAIC Volkswagen in Urumqi, Xinjiang Uighur Autonomous Region, China.
BusinessEconomyElectric Vehicles (EVs)ManufacturingNewsTrade

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.

Xiaopeng He, Chairman and CEO of XPeng, talks to journalists on media day at the 2024 Paris Auto Show in Paris, France.
AutomotiveBusinessElectric Vehicles (EVs)News

Chinese EV maker XPeng to break even later in 2025, president says

Chinese EV maker Xpeng enters 'super cycle,' driven by strong demand and overseas expansion.

Visitors look at MONA M03 electric vehicles (EV), displayed outside the venue of XPeng's launch event, in Beijing, China.
AutomotiveBusinessElectric Vehicles (EVs)News

XPeng forecasts upbeat fourth quarter revenue as new launches improve demand

Chinese EV maker XPeng forecasts strong Q4 revenue, beating Wall Street estimates.

CATL's EV platform code-named "Panshi" is seen on display for customers and staff, at the Chinese battery maker's headquarters in Ningde, Fujian province, China November 8, 2024. REUTERS/Zoey Zhang
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)ElectricityMining

Chinese giant CATL pushes beyond batteries into power grids, EV platforms

Robin Zeng, CATL’s founder, is transforming it from the top EV battery supplier to a green-energy giant and low-cost EV enabler.

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
BusinessEconomyElectric Vehicles (EVs)FinanceNewsTrade

Tesla misses estimates for Q3 deliveries on stiff competition

Tesla missed third-quarter delivery expectations, reporting 462,890 vehicles, amid rising competition from China and Europe.

FILE PHOTO: Stellantis-backed joint venture Leamotor International showcases Leapmotor C10 SUV in Malpensa, Italy, as it opens order for the model in Europe, September 24, 2024. REUTERS/Giulio Piovaccari/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

Analysis: Stellantis CEO follows Chinese route to avoid EV tariff ‘trap’

By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite...

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