JSW MG Motor posts 19% growth in March wholesales units at 6,528JSW MG Motor India saw a 19 percent increase in vehicle dispatches to dealers in March. This growth reflects strong sales across both its t...
JSW in talks with Japan, South Korea firms for India battery JV to cut China relianceJSW Group is in advanced talks with Japanese and South Korean firms for a joint venture to manufacture battery cells in India. This strateg...
China signals it will pull plug on subsidies for EVs with five-year plan exclusionChina is reducing subsidies for its electric vehicle industry. This move signals a shift towards market forces determining the sector's fut...
Record EV, hybrid sales help Chinese car market grow 5.3%Sales of EVs and plug-in hybrids, known collectively as new energy vehicles (NEVs), rose 40.7% to make up 47.2% of total car sales last yea...
Acceptability of new energy vehicles set to rise by end of decade: SurveyA recent survey reveals that most new car buyers in India are willing to consider new energy vehicles (NEVs) by 2030, even paying up to 49%...
Electric vehicles, hybrids form 50% of China's vehicle salesNEV sales accounted for just 7% of total vehicle sales in China three years ago, but its heavy investments in EV supply chains have propell...
EU tariffs hit growth in China's electric car exports, industry body official saysLast week, the European Union introduced provisional tariffs of up to 37.6% on China-made electric vehicles (EVs) to safeguard against what...
China unveils $72 bn tax break for green cars to spur demandChina unveiled on Wednesday a 520 billion yuan ($72.3 billion) package of tax breaks over four years for electric vehicles (EVs) and other ...
China unveils $72 bn tax break for EVs, other green cars to spur demandChina has announced a package worth $72.3bn to boost green car sales, such as electric vehicles, over the next four years. The move comes a...
Before debt woes, China Evergrande's ambitious car making goals stunned industryOne of the largest exhibitions at the event, in a prime spot opposite BMW, the property developer-backed unit showed off nine concept vehic...
Embattled Evergrande's EV unit vows to make cars early next yearEvergrande NEV, which is linked to troubled Chinese developer Evergrande Group, has held meeting with suppliers and local authorities in th...
Evergrande’s EV unit admits there’s no certainty it can pay debtShares in Evergrande NEV tumbled as much as 25.8% on Friday, bringing losses for the year to 93%. In February, when the stock was at its pe...
China to cut subsidies for new energy vehicles by a fifth next yearGlobal automakers such as Volkswagen AG, General Motors Co, Toyota Motor Corp and Tesla Inc are ramping up electric vehicle production in C...
Reported fires threaten China's electric-car questThe best way to get Chinese to buy electric cars is to give them electric cars worth buying. Tesla should be a leader in that cause.
China's BYD launches world's biggest battery factoryThe factory, BYD's third, can eventually produce 24 gigawatt-hours of batteries a year, and is part of the company's plans to raise its tot...
$12 billion deal signed in China to make 1.5 lakh electric carsIn addition, the 78 billion yuan (USD 12 billion) deal also includes 100,000 electric vehicle products and services from companies associat...
Saab to restart 9-3 sedan production two years after bankruptcyThe new owners of Saab, National Electric Vehicle Sweden AB, will restart production of the 9-3 sedan on Monday at the Trollhattan factory ...