New Energy Vehicles

The Latest

  • China Car Sales Plunged By 79 Percent In February
    China Car Industry
    Car sales in China dropped by more than 79 percent to only 310,000 units in February, levels not seen since 2005.
  • Daimler Considers Eliminating Platforms In Massive Cost-Cutting Plan
    Daimler AG
    As part of its wider plan to accelerate its electrification, Daimler is considering the elimination of entire powertrain families and platforms to cut costs.
  • Toyota Reportedly Building New Plant In Tianjin With FAW Group
    Toyota Motor Corp
    Toyota has reportedly formed a new partnership with FAW Group to establish a new facility dedicated to manufacturing new energy vehicles in Tianjin, China.
  • China CATL To Raise $2.86 Billion For Five Battery Projects
    CATL China
    CATL plans to raise up to $2.86 billion, which it will use to invest in five lithium-ion battery projects, through a nonpublic offering.
  • Tesla Forges New Partnership With Chinese Battery Producer CATL
    Tesla China
    Tesla announced that it has partnered with Chinese battery producer CATL to supply it with batteries for its China-made electric vehicles.
  • NIO Pledges To Fix Finances And Eventually Become Profitable
    NIO China
    NIO's cost-cutting measures and the increasing demand for its electric SUV are expected to turn around the company's finances in the coming years.
  • China's Nio And Xpeng Motors To Merge Supercharging Networks
    New Energy Vehicles
    Xpeng Motors and Nio have both signed an agreement to combine their respective supercharging infrastructure, after-sales services, and payment systems.
  • China's Tesla Rival NIO To Release New SUV Coupe Model
    NIO China
    New York-listed electric startup NIO announced that it will be launching a new SUV coupe model to take on Tesla's Model Y.
  • Expectations In the New Energy Vehicle Market On Shanghai Made Tesla
    Tesla Model 3 Of Shanghai To Reshape China's New Energy Vehicle Market
    With the Shanghai Gigafactory done, Tesla is ready for production despite low electric car sales and no subsidies.
  • BYD Reports Weak Profit Growth Due To Low EV Sales In Latest Quarter
    BYD Earnings
    Lowered EV sales due to reduced subsidies and increase competition ate into BYD's earnings, dragging down its profit growth for the entire year.
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