Beijing Blasts Eu For Protectionism While China Ev Stocks Slide
Beijing on Thursday blasted the launch of a probe by the European Commission into China’s electric vehicle (EV) subsidies as protectionist and warned it would damage economic and trade relations, as shares in Chinese EV makers slipped. European Commission President…
U Power Limited To Deliver The Second UOTTA Battery-swapping Station For Electric Taxis By October 2023
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that the Company’s subsidiary, Youpin Automobile Service Group Co.,…
Transition To Electric Vehicles Threatens Mexican Auto Jobs
The statement “Stop the EV jobs bloodbath!” published by the International Workers Alliance of Rank-and-File Committees (IWA-RFC) in the context of a looming strike by U.S. and Canadian autoworkers has elicited a powerful response by autoworkers in Mexico, who support its call…
Bmw Says It Will Invest $750 Million To Build Electric Minis In Oxford
BMW said on Monday that it would invest 600 million pounds, or about $750 million, to build electric versions of its popular Mini car models in Britain. The German manufacturer’s move allays fears that the combination of Brexit and the…
Bmw Announces £600m Package To Save Oxford Mini Plant
BMW will spend £600m to upgrade its factory in Oxford to electric production of the Mini, in a U-turn that will provide a further boost to the UK car industry. The plant will start production of the electric Mini Cooper…
China’s Zhejiang Builds Over 1 Million Ev Charging Piles
More than 1 million charging piles have been built in East China’s Zhejiang province to power up electric vehicles (EVs) that are increasingly popular in not only cities but also rural areas. According to State Grid’s Zhejiang subsidiary, by the…
Tesla Almost Doubles Ev Share In China As Sales Rebound
After passenger vehicle sales dropped in June and July, the Chinese auto market recovered in August with a return to growth. In the same month, Tesla almost doubled its market share in the country, amidst increased discounts and tax exemptions…
The Lotus Emeya Is A Super Speedy Ev Sedan Designed To Take On Porsche
Lotus revealed Thursday evening in New York City the Emeya, an all-electric four-door grand tourer that aims to compete with the likes of Porsche on speed, tech and luxury and help transform the Chinese-owned British automaker into a global performance…
New Electric-car Brand From China Has Sights On Australia
As sales of Chinese cars continue to set new records in Australia – they are now the third largest source of new motor vehicles behind Japan and Thailand, and ahead of South Korea where Hyundai and Kia cars are made – another challenger has…
Electric Vehicles Star At Munich Auto Show
The world’s leading automakers have gathered in Germany to show off the latest in the new era of electric vehicles. European producers have been seen as lagging behind, and they are trying to fend off growing competition from China. The…
