Good morning! It’s Wednesday, January 8, 2025, and this is The Morning Shift, your daily roundup of the top automotive ...
Porsche's aggressive discounts on the Taycan EV highlight a significant drop in demand, impacting the automaker's profitability and raising concerns about the future of the luxury EV market.
Other battery suppliers do exist, but CATL still holds the largest market share. Directly behind CATL is another Chinese supplier, BYD/FinDreams, which also doubles as an EV manufacturer. Korea-based ...
In his first two years, Joe Biden justified his giant increase in EV subsidies and mandates by citing the “existential risk" ...
The arrival of the XPeng electric car brand in the UK this year will mark the start of a measured and sustainable growth ...
Chinese EV maker BYD Co Ltd reportedly brought hundreds of Chinese workers with irregular visas to work at its upcoming ...
The Tesla rival launched its first supercar, the Yangwang U9, last year, and has shown off its ability to "jump" over ...
The U.S. blocked CATL, citing military ties, impacting its market share and IPO plans amid concerns over its EV battery ...
While the designation currently imposes no direct sanctions, it does intend to warn US companies about potential security ...
The world’s biggest maker of electric-vehicle batteries and a supplier to Tesla has been meeting banks in recent weeks as it draws up plans for a secondary listing in Hong Kong. The initial public ...
Major broker Citi sees lithium market dynamics shifting away from the “short term bearish” view they’ve held for the last 9 ...
China has renewed a trade-in subsidy of up to 20,000 yuan ($2,730) to help underpin sales of fuel-efficient vehicles, ...