Tag: Electric Vehicles

Hyundai and Kia Race to Decode China’s EV Boom—Starting With Xiaomi and ZEEKR

Hyundai Motor Group is analyzing China's EV market, sending Kia union members to ZEEKR and studying Xiaomi's SU7 model amid rapid growth.

Europe Wants Cheaper EV Batteries, and China’s Got Them

The European EV market is recovering, but South Korean battery shipments decline, raising concerns over Chinese battery dominance.

Tesla’s Gains Limited to 2% as Sales Drop in Germany Clouds the EV Market

A delay in auto tariffs boosted EV stocks modestly, with Tesla facing sales declines and a boycott in Europe.

Tesla Faces Decline, Nikola Drops 10%, Rivian Rises 5%: EV Stocks Wrap

EV stocks showed mixed results; Tesla dipped slightly, Nikola plunged 10.30%, while Rivian and Lucid gained. Investor sentiment varies.

Tesla, Rivian, and Lucid Surge in EV Rally—But Nikola Takes a 12% Dive

U.S. EV stocks surged, led by Tesla's 5.77% gain, while Nikola fell 12.80% amid financial struggles and speculation.

17.6 Million EVs Sold Last Year With More Than 10 Million Units Sold in China

Global EV sales surged to 17.63 million in 2023, led by BYD in China, while Tesla faced declining sales amid market shifts.

EV Stocks Mixed as Tesla Falls, Rivian and Nikola Surge

EV stocks showed mixed results; Tesla and Lucid fell while Rivian and Nikola gained, highlighting market volatility and competition.

IONNA Brings High-Speed Charging to North America, Partnering with Automotive Giants

IONNA, a joint venture for EV charging, launched in North Carolina, aims for 30,000 chargers by 2030, enhancing user convenience.

Why South Korea’s EV Subsidies Spark Outrage: Domestic vs. Imported EVs

South Korea's EV subsidies favor domestic vehicles, raising concerns about discrimination and the impact on the broader EV ecosystem.

Canada May Join US and EU in Imposing Tariffs on Chinese EVs

Following the United States and the EU imposing tariffs on Chinese EVs, Canada is also considering playing the tariff card.

Trade Tensions Tighten: U.S. Congress Ramps Up Legislation Against China

As the U.S. election is five months away, warnings have been issued to monitor the trend of anti-China legislation in the U.S. Congress.

Xiaomi’s First Electric Vehicle Sells 50,000 Units in 27 Minutes

Chinese electronics company Xiaomi is creating a buzz with the launch of its first self-developed electric car, the SU7. According to CarNewsChina on the 29th,...

Is This the End of the EV Era?

The golden age of electric vehicles has ended. For years, the auto industry was intoxicated by the allure of electric vehicles. Car manufacturers released optimistic...