Electric vehicles

Electric Vehicles

Tesla Shares Plunge Below Lutnick’s ‘Never This Cheap’ Level

Tesla Inc.’s stock continued its downward trend on Monday, April 7, 2025, falling below a level U.S. Commerce Secretary Howard Lutnick once claimed it wou…

Electric Vehicles

BYD Enters Swiss Market With Multiple NEV Model Offerings

BYD, a prominent electric vehicle manufacturer, officially entered the Swiss market with a brand launch event held from April 1 to 2. During the event, the comp…

Electric Vehicles

Changan Mazda’s Mazda 6E Enters Volume Production at Nanjing Plant

Changan Mazda's Nanjing plant officially launched the production of the Mazda 6e, the globalized version of the MAZDA EZ-6 model on April 2, 2025. This mark…

Electric Vehicles

LI Auto Delivers 36,674 Vehicles in March 2025

Li Auto, a Chinese manufacturer of new energy vehicles, released its delivery data for March 2025 on April 1, reporting 36,674 units delivered. This reflects a …

Electric Vehicles

Chery Group Posts Record-High Quarterly Sales of 620,025 Units in Q1 2025

Chery Group announced on April 1 that it sold 214,770 vehicles in March, reflecting an 18.3% rise compared to the same month last year. Chery Automobile Co., Lt…

Electric Vehicles

Tesla’s Electric Car Sales Decline Deepens in Europe

In the first two months of 2025, Tesla faced significant challenges in Europe, with a 43% decline in sales compared to 2024. Despite this, electric vehicle sale…

Electric Vehicles

Great Wall Motor’s Net Profit Surges 80.76% YoY in 2024

Chinese automaker Great Wall Motor (GWM) released its 2024 financial results, showcasing strong performance in revenue and profits on March 28. The company repo…

Electric Vehicles

Dongfeng Peugeot-Citroën Launches HEDMOS NEV Brand

On March 25, Dongfeng Peugeot-Citroën, the joint venture between Dongefng Motor and Stellantis, officially launched its proprietary new energy vehicle bran…

Electric Vehicles

Chinese Electric Vehicle Maker Byd Reports 2024 Revenue Over Us$100B, Topping Tesla’s Sales

Chinese electric vehicle maker BYD logged a record 777.1 billion yuan (US$107 billion) in revenue last year as its sales of battery electric and hybrid vehicles…

Electric Vehicle Charging

California’s EV Chargers Outnumber Gas Pumps, Yet Only 10% Offer Fast Charging

California is one of the largest markets for electric vehicles and that means there’s a lot of demand for charging infrastructure. However, they’re …

Electric Vehicles

NIO Records YoY Growth in Q4 2024 Revenue, Gross Profit

NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a Chinese smart electric vehicle manufacturer, has released its unaudited financial results for the fourth quarter (…

Electric Vehicles

Geely Automobile Posts Record-High Annual Revenue in 2024

On March 20, Geely Automobile Holdings Limited ("Geely Automobile") released its 2024 financial results, reporting record-breaking revenue.The company's ann…

Electric Vehicles

Xiaomi EV Hits Cumulative Delivery Milestone of 200,000 Vehicles

Xiaomi's Chairman Lei Jun announced on his Weibo account that cumulative deliveries of Xiaomi EV have exceeded 200,000 units on March 18, with the milestone…

Battery

German Sulfur Battery Startup Theion Raises $16.4 Mln to Scale Up

German sulfur battery startup theion said on Thursday it has raised 15 million euros ($16.4 million) from investors to scale up battery cells it says store more…

Electric Vehicles

Siemens to Cut 6,000 Jobs in Automation, EV Charging Businesses

Siemens AG plans to reduce its global headcount by about 6,000 workers, with the majority of cuts planned in its factory automation business that’s suffer…