Indonesia gives tax incentives to EV makers including China’s BYD, GAC Aion
The carmakers, which are building factories in Indonesia, will enjoy an exemption on import taxes and a break on luxury taxes ...
Mercedes-Benz labour chief: we must win back market share, rethink China strategy
Mercedes-Benz's works council chief said the carmaker must urgently win back market share and rethink its China strategy so ...
Chinese Firms Take On EV Truck Challenges
Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the lesser-watched ...
GM Chief Mary Barra Proclaims Optimism Despite EV, China Challenges
General Motors CEO Mary Barra says she's still bullish on her company's prospects amid challenges with EVs and issues with ...
Digi Times3d
China's EV exports plummet despite its market penetration rate exceeding 50% for four months
China's domestic electric vehicle (EV) sales have maintained a penetration rate of over 50% for four consecutive months, ...
China Auto Body Seeks Subsidy Extension as EV Exports Take Hit
China’s biggest industry group for automobile makers urged the government to extend concessions for trading in older vehicles ...
Institute for Energy Research3h
Europe’s Home-Grown EV Battery Company Files for Bankruptcy Protection
Northvolt, a Swedish battery manufacturer and Europe’s best-funded start-up has filed for bankruptcy protection in the United States. The company attracted ...
Aptiv: A Value Stock Amidst EV Adoption Slowdown (Rating Upgrade)
Aptiv PLC's growth has stalled in 2024 due to a slowdown in relevant EV production amid temporarily slower global EV adaption ...
The Korea Times on MSN12h
Will Hyundai Motor's bet on China reap rewards this time?
Hyundai Motor’s renewed investments in China’s auto market is aimed at enhancing the carmaker’s tech prowess, particularly in ...