News

China's Nio plans to trim its workforce by 10% this month as it moves to improve efficiency and reduce costs in the face of growing competition, the electric vehicle maker said. …

“Due to the ongoing efficiency programs at Volkswagen AG, external recruitment will be temporarily limited and no external positions will be advertised,” explained a company spokesperson. …

Cofinity-X, the inaugural Catena-X operating company resulting from a joint venture between automotive industry leaders including BASF, BMW Group, Henkel, Mercedes-Benz AG, SAP, Schaeffler, Siemens, T-Systems International, VW Group …

BYD achieved another record month selling battery-electric and plug-in hybrid vehicles, putting the automaker closer to surpassing Tesla for the first time on quarterly pure-EV sales. …

The number of electric vehicles in European fleets is steadily increasing - already one out of seven company fleet cars is fully or partially electric, meaning the proportion of EVs is significantly higher in fleets than in the general p …

The world's largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing. …

German car group Volkswagen (VOWG_p.DE) will not make a decision on a fourth battery factory site for now, with demand for electric vehicles in Europe lagging expectations, Chairman Oliver Blume said on Wednesday. …

Volkswagen Group will not make a decision on a fourth battery factory site for now, with demand for electric vehicles in Europe lagging expectations, CEO Oliver Blume said. …

Weaker electric-vehicle demand, increased competition from China and market volatility are complicating Renault's plans to list its EV business Ampere, four people familiar with the matter told Reuters. …

Chipmaker Onsemi (ON.O) forecast a tepid fourth quarter and cut about 900 jobs, sparking fears that weak electric vehicle (EV) demand has begun to hurt orders for its chips from the auto sector and sending its shares tumbling 1 …