BYD is to invest $894 million in a plant that produces essential parts for electric vehicles
The state-run Securities Times newspaper said on Monday that Chinese electric car manufacturer BYD has inked a deal to construct...
Automotive & transportation
No intentions to develop cars with VW, according to Rivian
Following a media story claiming that the American electric car manufacturer was in early negotiations with the German automaker to...
BYD posts 21% increase in quarterly EV sales, closes gap with Tesla
Chinese automaker BYD posted a 21% increase in electric vehicle sales in the second quarter, closing the gap with Tesla...
After receiving up to $5 billion from Volkswagen, Rivian’s shares increase by more than 50%
The Volkswagen Group intends to invest a maximum of $5 billion, beginning with a $1 billion initial investment, in the...
Ford discontinues its EV dealership initiative.
Ford Motor is discontinuing a contentious dealership initiative for electric vehicles, which at first required store owners to put up...
European tariffs are rejected by Chinese producers as «unacceptable»
The European Commission (EC) slapped duties of up to 38.1% on Chinese electric vehicle imports on Thursday; the China Association...
China claims that their success with electric cars is «not due to subsidies»
The "increasing acceptance" of Chinese goods, like electric cars, in the international market, according to China's Ministry of Commerce, is...
Aeromexico files for IPO in the U.S. Following Mexico Share Delisting
Grupo Aeromexico filed for an initial public offering (IPO) in the United States, the U.S. securities regulator said in a...
FAA launches fresh investigation into Boeing; this time, it concerns inspections of 787 Dreamliners
The Federal Aviation Administration said on Monday that investigators are looking into possible Boeing employee negligence regarding some quality checks...
Orders for VW electric vehicles have doubled across Europe
In the first quarter of 2024, Volkswagen's orders for electric cars in Europe increased dramatically compared to the same period...
