The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for ...
Luxury Electric Vehicles Market size is expected to be worth around USD 963.8 Billion by 2033, from USD 187.3 Billion in 2023, growing at a CAGR of 17.8%.
Polestar has confirmed plans to add a premium compact SUV to its electric car range, squaring up to the Porsche Macan.
Replacement for Polestar 2 will be less sedan-shaped and built in Europe to avoid import tariffs on cars coming from China ...
Unilever and Procter & Gamble face headwinds in emerging markets. Click here to find out why I think UL stock is a better buy than PG stock.
Domestically, passenger car sales grew 13.6% in December, partly due to trade-in incentives, bringing total sales for the year to 22.6 million, up 3.1%. However, sales of traditional gasoline and ...
Wu moved to the city last January, part of a wave of Chinese expat managers helping their country’s rise to become the world’s largest EV exporter. Dubai is “far more exciting,” than his previous work ...
Sales of all types of electric vehicles rose more than 40% in China last year, while those of gasoline-powered automobiles plunged, industry data showed Monday. A total of 31.4 million vehicles were ...
A primary driver behind Chinese EV makers’ focus on South Korea is China’s severe overcapacity in EV production. China’s domestic new energy vehicle market penetration surged from 4.7% in 2019 to 31.6 ...
BEIJING — Sales of all types of electric vehicles rose more than 40% in China last year, while those of gasoline-powered automobiles plunged, industry data showed Monday. A total of 31.4 million ...