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PALO ALTO, California -- Tesla reported a fourth straight year-on-year quarterly profit drop on Tuesday as the U.S. electric-vehicle maker faces weakening EV demand in key markets, including China, where heated competition has pushed local players like BYD to cut prices.
DETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand's first EV.
European Union governments exposed divided views on the merits of EU tariffs on imports of China-built electric vehicles in a non-binding but still influential vote, sources with knowledge of the vote said on Tuesday.
Tech Latest by Nikkei Asia brings you the newest updates from Asia's technology industry. In this episode, Jada Nagumo talks to Bangkok correspondent Francesca Regalado, about Chinese EV maker BYD's new Thailand factory.
BEIJING (Reuters) -- China has requested the World Trade Organization set up an expert panel to help settle a dispute over electric vehicle subsidies under the U.S. Inflation Reduction Act, the country's commerce ministry said on Monday.
NEW DELHI -- In the smoggy capital city of New Delhi, there is an increasing number of green-plated cars on the roads. These are electric vehicles and even outside of Delhi, they are gaining popularity.
ISTANBUL -- Chinese electric-vehicle maker BYD will invest $1 billion in Turkey to set up an EV and plug-in hybrid vehicle factory with an annual capacity of 150,000 units, creating a second European production and export hub after the one it is building in Hungary.
Volkswagen shares dipped Wednesday after the company issued an overnight profit warning and announced it was considering the potential closure of an Audi plant in Brussels.