Berkshire Hathaway lowers its stake in Chinese electrical manufacturer BYD
Berkshire Hathaway, owned by Warren Buffett, reduced its investment in BYD, the Chinese firm that surpassed Tesla to become the...
BYD
China plans to increase its investment in advanced electric vehicle batteries by $845 million
China has announced intentions to invest around $845 million in the development of next-generation batteries for electrical vehicles (EVs), despite...
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...
Mexico suspends incentives to Chinese electric vehicle manufacturers in response to U.S. pressure
Mexico's government, under pressure from the United States, is keeping Chinese automakers at bay by refusing to offer them incentives,...
Chinese electronics behemoth Xiaomi is selling electric vehicles
The fifth-largest smartphone manufacturer in China claims to have 59 locations to accept orders across 29 cities. On March 28,...
BYD searching for a Mexican plant
BYD, a Chinese electric automaker, is searching for a place in Mexico to establish a plant to increase sales in...
Tesla’s stock drops as Musk issues a slowing warning
That reduced the company's stock market worth by about $80 billion. Despite lowering prices, Elon Musk's multibillionaire company Tesla stated...
Elon Musk claims that Chinese electric vehicle manufacturers will «pretty much demolish» the majority of their rivals
Even though his company, Tesla, is up against fierce competition from these same firms, Elon Musk predicted that Chinese electric...
Tesla Mexico appoints Terry Gutierrez as its new CEO
Teresa Gutiérrez, replaces Françoise Lavertu; she has more than 10 years of experience in the e-commerce, logistics and marketing sectors....
Tesla is recalling more than 1.6 million cars in China to address issues with the automated steering and door latches
More than 1.6 million Model S, X, 3, and Y electric cars that were shipped to China are being recalled...
