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CHINA EV MARKET
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...- HDFC Securities initiates coverage on Sona BLW with 'Add'; sees upside on EV-led growthHDFC Securities initiated coverage on Sona BLW Precision Forgings with an Add rating and Rs 845 target, citing EV-led growth, strong R&D an...
- Honda outsources new vehicle program to Tata Tech to cut costsHonda has outsourced a new vehicle platform development to Tata Technologies. This move aims to significantly reduce costs and accelerate i...
- JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
- Tata’s battery unit turns to own tech for making lithium cellsTata's Agratas unit is developing its own lithium iron phosphate battery technology. This move comes as China tightens export restrictions ...
- SpaceX's first results put Elon Musk's AI spending under Wall Street's microscopeSpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands into AI and space initiatives. Ana...
- SpaceX's first results put Elon Musk's AI spending under Wall Street microscopeSpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal role in financing AI and space init...
- Musk dismisses report of Tesla's potential China business saleTesla executives are preparing for a potential separation of its China business operations. This move comes as discussions about a possible...
- Elon Musk dismisses reports on Tesla weighing sale of China businessElon Musk has dismissed reports suggesting Tesla might sell its China operations. These reports indicated a potential merger between Tesla ...
- ETMarkets Smart Talk | Build a portfolio with 50% large caps, 30% midcaps and 20% small caps: Roop BhootraWhile large-cap stocks have lagged their mid- and small-cap peers in recent months, valuation comfort is gradually returning, making asset ...
- The next China shock could be bigger than solar, batteries and EVsChina is emerging as a global leader in humanoid robot manufacturing. The nation's scale and cost reduction strategies are alarming interna...
- Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
- Ford raises annual profit forecast again as truck demand stays strongFord Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensi...
- Vedanta Aluminium shares in a sweet spot, says ICICI Securities; initiates coverage with Buy ratingICICI Securities has initiated coverage on Vedanta Aluminium Metal (VAML) with a 'Buy' rating and a target price of Rs 520, implying over 1...
- BYD launches EV mini-car in JapanBYD has launched the Racco electric mini-car in Japan, priced below 2 million yen before subsidies, aiming to revive weak sales and boost b...
- Affordability concerns reshape global car buying as EV interest grows: McKinseyAffordability concerns and evolving preferences are reshaping global automotive markets. Consumers are delaying purchases and considering s...
- Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
- Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
- Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
- Rising fuel costs accelerate EV shift; MG bets bigger on plug-in hybridsJSW MG Motor India is increasing its focus on new-energy vehicles. The company anticipates NEVs will comprise eighty percent of its sales t...
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