Sales of new battery electric cars in the European Union fell by 12% in May compared to the previous year, spearheaded by a 30% decrease…
Posts tagged as “auto market”
Beijing hopes that the European Union will revisit its tariff increase on Chinese electric vehicles and stop going in the “wrong direction” to shield its…
Turkish automotive company Doğan Trend on Wednesday said there has been progress in its collaboration with China’s state-owned SAIC Motor to establish a vehicle manufacturing…
The European Union started imposing higher duties on imports of electric vehicles from China after talks between Brussels and Beijing failed to find an amicable…
Chinese SAIC Motor is close to signing a memorandum with a Turkish company for a car plant in Türkiye, a top executive said on Monday,…
Sales of Tesla in Türkiye have gone from almost dominating the market after its entry a year ago to a near standstill this May. Elon…
Japanese auto giant Honda announced Thursday it would build a massive new electric vehicle battery and car assembly plant worth C$15 billion ($11 billion) in…
Tesla said on Saturday it would hike the price for its Model Y electric vehicles in several European countries on March 22 by approximately 2,000…
Tesla shares slid by over 12% on Thursday, after its head billionaire Elon Musk warned sales growth would dampen this year despite the reduction in…
Chinese smartphone maker Xiaomi unveiled Thursday its first electric vehicle (EV) and promptly announced its ambitions to become one of the world’s top five automakers.…