GM’s China business, primarily a joint venture with state-owned automaker SAIC Motor, is now losing the carmaker millions of dollars a quarter, as EV players like Elon Musk’s Tesla and local ...
A new industry report released Monday shows China made big strides last year toward an EV-driven future, as domestic sales of all types of electric vehicles rose by 40% in 2024. Sales of gasoline ...
In fact, China's EV price war has gotten so bad that more ... long way in validating management's belief that the company can break even in 2026. The Motley Fool Stock Advisor analyst team just ...
China's electric vehicle (EV) market experienced a record-breaking year in 2024, with sales surging over 40 percent, industry data revealed Monday. Meanwhile, gasoline-powered vehicle sales in the ...
China's auto exports to slow, EV exports to see no growth EU tariffs and Russia shipment drop impact export growth Domestic market sees record EV sales amid price war, subsidies Sales of EVs ...
The Pentagon will blacklist China’s largest EV battery manufacturer and its largest tech firm beginning in June 2026, barring them from Defense Department contracts and sending a powerful signal ...
For China’s EV industry, Jixian is a success story ... Despite occasional hiccups — a temperamental coffee machine or inexperienced staff — the business has managed to survive. During a one-hour lunch ...
In September, General Motors and CATL introduced a 6C lithium iron phosphate EV battery, enabling ultra-fast charging in just 10 minutes ... However, this peak charging power is only sustainable for a ...
South Africa is poised for Chinese investment in its US$27 billion automotive industry after the president signed a tax break for the production of so-called new-energy vehicles into law.