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...BYD already has a bus facility in Hungary, but the company wants a fully fledged car plant to realise its ambition of dominating the European electric vehicle industry by the end of the decade....
...Electric vehicle maker BYD and Apple supplier Luxshare are among the Chinese companies whose expansion plans for India have butted up against the regulations....
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Nissan had a head start at home, as the top EV seller among Japanese makers with 54,800 EVs sold last year....
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...However, a short seller report released by Hindenburg Research, which showed a Nikola truck rolling downhill rather than moving on its own propulsion, hit the company’s share price and cast a spotlight on...
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
...seller of battery electric vehicles....
...The second-hand value of the top-10 selling battery cars in the US, including models from Tesla, General Motors and Ford, fell an average of 28 per cent in 2023, data from CarGurus and compiled by HSBC show...
...It is the biggest seller of electric vans in the UK through its Peugeot, Citroën, Vauxhall and Fiat brands, accounting for almost half the market last year....
...The company, formerly the automotive division of GKN, specialises in making side-shafts that fit into both electric and engine-powered cars, giving it around six months of visibility of supply across all...
...But the company also has a close eye on other markets....
...Other companies: PepsiCo, Freeport McMoran, Halliburton, GE Aerospace, RTX, Lockheed Martin, NextEra Energy, UPS, Philip Morris, Spotify, General Motors and Kimberly-Clark are reporting earnings before the...
...German tuning company Klassen has been modifying both the Mercedes-Benz V-Class and Sprinter vans for more than two decades....
...The figures leave Elon Musk’s Tesla needing to beat analyst expectations and deliver a blockbuster fourth quarter to maintain its position as the biggest seller of purely electric vehicles....
...The news is another sign of tougher conditions for the electric vehicle sector. Rivian went public in late 2021 with a market capitalisation of more than $100bn — bigger than Ford and General Motors....
...“We have addressed that, and will be coming out with a couple of plug-in hybrids before we launch a full [battery electric car],” he said, adding the company would have a “full complement” of engine, hybrid...
...General Motors and Tesla have paused some of their EV expansion plans....
...industry disruption caused by the shift to electric vehicles and tougher emission rules....
...The numbers were enough, though, to allow Tesla to reclaim its position as the world’s largest seller of battery electric cars after its first quarter shipments surpassed those of China’s BYD....
...There are “over 200 companies globally working on [electric and self-driving] technology, and over 20 carmakers already selling more than 10,000 EVs per year, while Apple was still in the testing phase”,...
...The California-based lossmaking electric vehicle maker topped the monthly trading leaderboard five times in 2023, even as its shares plummeted 99 per cent....
...More on the car industry: Aston Martin, the British luxury-car maker, has delayed the launch of its first electric vehicle, the company confirmed today....
...Christoph Weber, general manager of engineering software company AutoForm, has worked with Xiaomi’s car unit in Shanghai and said Lei appeared poised to repeat his success in starting with a high-quality...
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