China's passenger vehicle sales rose by 2.1% in April from a month earlier, industry data showed, underscoring a slower pace of growth as the stimulus effect of price cuts and incentives faded.
China's passenger vehicle sales totalled 1.65 million units in April, up 2.1% from the previous month, the China Passenger Car Association (CPCA) said on Tuesday.
Chinese-made electric vehicles (EVs) pose the greatest risk to Europe's carmakers and could cost them 7 billion euros ($7.7 billion) a year in lost profits by 2030 unless policymakers take action, according to an Allianz Trade report.
What happened
Still basking in the afterglow of a major milestone reached by their company, Fisker (NYSE: FSR) investors traded the stock up on a new piece of encouraging news Monday. The electric vehicle (EV) maker's share price leaped more than 6% higher as a consequence, easil
A group of seven U.S. senators on Monday questioned Tesla Inc's use of forced arbitration clauses in employee and consumer contracts, arguing that they prevent bringing discrimination claims and consumer safety complaints to court.
Tesla expects to produce lithium for about 1 million electric vehicles at its upcoming lithium refinery factory in Texas, CEO Elon Musk said on Monday.
Tesla expects
to produce lithium for about 1 million vehicles at its upcoming
lithium refinery factory in Texas, CEO Elon Musk said at the
plant's ground-breaking ceremony on Monday.
Lucid Group Inc first-quarter revenue missed Wall Street estimates on Monday and its net loss widened as sales came under pressure after aggressive price cuts from electric-vehicle market leader Tesla Inc, sending shares lower by about 6% in extended trading.
A group of seven U.S. senators on Monday questioned Tesla's use of forced arbitration clauses in employee and consumer contracts, arguing that they prevent bringing discrimination claims and consumer safety complaints to court.
It’s not fully autonomous driving, but Chinese electric vehicle manufacturers are making strides when it comes to assisted drivers. That’s a vital step in earning market share in one of the world’s most competitive electric vehicle markets. Additionally, those advances could create positive implications for select holdings of exchange traded funds such as the KraneShares [...]
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