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Tesla delivers record Q4 cars, but China's BYD steals top EV spot

Automotive Industry Reuters - 2024-01-03

Tesla  delivered a record number of electric vehicles in the fourth quarter, beating market estimates and meeting its 2023 target, but lost its spot as the top EV maker by sales to China's BYD. …

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VW sees promising test results for potential breakthrough EV battery

Automotive Industry Automotive News Europe - 2024-01-03

Volkswagen Group said its battery startup has seen promising results with solid-state cells for electric vehicles, a win for the carmaker as it pushes to make EVs more efficient and less expensive. …

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Italy weighs $1B package to boost EV sales

Automotive Industry Automotive News Europe - 2024-01-03

The Italian government is considering a 930 m ($1 bn) plan to encourage people to turn in their gasoline or diesel cars and buy electric vehicles instead, according to a draft document seen by Bloomberg. …

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French sales rose 15% in December as yearlong recovery continues

Automotive Industry Automotive News Europe - 2024-01-02

French new-car sales rose by 15% in December, as the market continued its yearlong recovery from semiconductor shortages and the coronavirus crisis. …

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Chinese EV giant BYD posts 62% jump in 2023 vehicle sales

Automotive Industry Reuters - 2024-01-01

China's BYD Co (002594.SZ), the world's biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, sold about 3.02 m vehicles in 2023, an increase of 61.9%, it said on Monday 1 January. …

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Tesla deliveries to hit record, but fall short of Musk's aspirations

Automotive Industry Automotive News Europe - 2023-12-27

Tesla is expected to post another record quarter for electric vehicle deliveries, likely shy of an ambitious 2 m annual internal target that CEO Elon Musk touted at the beginning of the year. …

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Putin seizes control of Russia's biggest car dealership

Automotive Industry Automotive News Europe - 2023-12-22

President Vladimir Putin placed Russia's biggest car dealership under temporary state management in a step the Kremlin said was driven by commercial logic but which its founder said made the country look uninvestable. …

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Polestar, Lotus, Volvo, Jaguar Land Rover form alliance in China on EV charging

Automotive Industry Automotive News Europe - 2023-12-21

Polestar, Lotus, Volvo — three brands majority owned by Zhejiang Geely Holding Group, and British luxury carmaker Jaguar Land Rover, have established an alliance on battery charging for electric vehicles in …

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China's BYD set to announce Hungarian EV factory, report says

Automotive Industry Automotive News Europe - 2023-12-21

Chinese electric vehicle giant BYD is in final talks with the Hungarian government to secure a multi-billion-euro investment in a new electric car factory, in a deal that could be announced as early as Friday, the Fina …

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Italy govt wants to bring in more carmakers to boost domestic output

Automotive Industry Reuters - 2023-12-20

Italy's government is working to encourage other major carmakers besides Fiat-owner Stellantis (STLAM.MI) to manufacture in the country and boost production, Industry Minister Adolfo Urso said on Wednesday. …

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