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CHINESE ELECTRIC CAR MARKET
UK electric car market share hits 30% in June: industry dataIn a significant surge, British new car registrations climbed 15% in June. Battery electric vehicles are making strong inroads, capturing a...
Russian fuel crisis prompts rush for Chinese electric carsRussian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...
Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s whyIndian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for...
India allows four Chinese-linked power equipment firms to bid for government projectsIndia has opened the door for four Chinese power equipment manufacturers with local factories to bid on crucial government power projects. ...
Maruti Suzuki's Kharkhoda facility inaugurated by PM Modi, Japanese PM Sanae TakaichiPrime Minister Narendra Modi and Japanese counterpart Sanae Takaichi virtually inaugurated Maruti Suzuki's advanced fourth manufacturing fa...
Global Market: China Resources New Energy shares soar on Shenzhen debut after $3.6 billion IPOChina Resources New Energy's stock soared nearly threefold on its Shenzhen debut, raising a massive 24.5 billion yuan in Asia's largest IPO...
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...
Electric vehicle sales gain speed as costlier fuel and better infrastructure drive adoptionElectric vehicle sales are accelerating, with e-cars more than doubling registrations in June and the June quarter seeing an 89% surge. Thi...
BYD India hikes prices of select variants of vehicles by up to Rs 1 lakhElectric carmaker BYD India is set to increase prices on select variants of its passenger vehicles by up to Rs 1 lakh, effective July 1, 20...
EVs to account for 10% of India's car market by FY28, says Tata Motors' Shailesh ChandraElectric cars are poised to capture nearly 10% of India's passenger vehicle market by the end of fiscal year 2027, according to Tata Motors...
Volkswagen cuts are 'wake-up call' for European industry, BYD advisor saysVolkswagen's aggressive cost-cutting measures are a stark warning to Europe's auto sector, according to BYD's European advisor. Alfredo Alt...
KKR in talks with JSW to drive in MG Motors JV with $400 mn investmentA combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led grou...
Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
Used-car market enters new era: Why more Indians are choosing used cars despite rising incomesIndia's used car market is booming, projected to hit $70 billion by FY31 as buyers increasingly choose pre-owned vehicles for value and sma...
Beijing can withstand trade freeze with EU: ReportThe account said the EU has altered its approach after an electric-vehicle subsidy probe, using pressure and conditions to strengthen its n...
In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...