News

As EV prices have plunged, Ford's Q1 losses per car are more than double the deficit from 2023, a source told Bloomberg. …

The EV3 compact SUV may be built for European markets at Kia's plant in Slovakia. Kia's new compact full-electric SUV, the EV3, will stay close to the concept version unveiled in 2023, new images suggest. …

Ford may build a second hybrid model at its Valencia factory as the company scales back its goal to become all-electric in Europe by 2030. …

Chinese automaker BYD will consider building a second assembly plant in Europe in 2025, its European managing director Michael Shu said on Thursday, 9 May 2024. …

German automakers fear retaliation if the European Union imposes punitive import duties on EVs from Chinese manufacturers. …

German newspaper Handelsblatt reported that Tesla would shut down production at its Berlin plant for four days due to protests against its expansion plans. …

Nio said it expects the new Onvo brand's L60 to compete with the Tesla Model Y. …

Volvo Cars' sales rose 27% in April 2024 from a year earlier to 65,838 cars, boosted by demand for electric and hybrid vehicles, the Sweden-based group said on Monday, 6 May 2024. …

Finance Minister Bruno Le Maire said BYD and the Chinese auto industry "are very welcome in France." …

The goals come amid Chinese President Xi Jinping's state visit to France. The French government has drawn up a wide-ranging pact with the automotive industry that sets new targets for electric vehicle sales. …