China EV giant BYD reboots Europe operations after strategic stumblesBYD has moved swiftly to address these early stumbles in this critical export market, greatly expanding its dealer network and offering hef...
23 Apr, 2025, 12.12 PM IST
Volkswagen bets on US startup to save its EV strategyVolkswagen, struggling against US and Chinese electric vehicle rivals, partners with Rivian to revamp its EV software strategy. The German ...
16 Dec, 2024, 01.09 PM IST
Mercedes to use Momenta software in 4 models, accelerate China comeback, sources sayMercedes-Benz is planning a $75-million investment in autonomous driving startup Momenta to enhance its market share in China. This partner...
29 Nov, 2024, 10.23 PM IST
Ola Cabs CEO quits; Elon Musk scores big win in ChinaJust three months after joining the ride-hailing firm, Ola Cabs CEO Hemant Bakshi has called it quits. Details on this and more in today’s ...
29 Apr, 2024, 07.51 PM IST
Chinese EV maker Xpeng to hire 4,000, invest in AIThe additional employees would represent a 25% expansion of the Volkswagen-backed EV maker's workforce from the latest headcount of 15,829 ...
19 Feb, 2024, 12.25 PM IST
Chinese carmaker BYD overtakes Tesla as world's most popular EV makerIn a sector still dominated by more familiar names like Toyota Motor Corp., Volkswagen AG and General Motors Co., Chinese manufacturers inc...
27 Dec, 2023, 08.45 AM IST
China's EV threat: A carmaker that loses $35,000 a carChinese electric car company Nio, which competes with Tesla, employs 11,000 people in research and development but sells only 8,000 cars pe...
06 Oct, 2023, 07.18 PM IST
China's EV threat: A carmaker that loses $35,000 a carChinese electric car company Nio, which competes with Tesla, employs 11,000 people in R&D but only sells 8,000 cars per month. Despite heav...
05 Oct, 2023, 09.47 AM IST
The quest to replicate Tesla’s success keeps EV mania aliveFor startups aiming to mimic Musk’s success and for traditional carmakers struggling to disrupt themselves, most lingering doubts about fut...
19 Dec, 2020, 08.49 AM IST
Tesla gaining ground pushes China’s EV bubble closer to burstingMonthly Tesla registrations in China now exceed 10,000 and helped the company beat global delivery estimates in the latest quarter.
09 Jul, 2020, 09.07 AM IST
Everybody wants to be the next Elon MuskA ground-breaking in Shanghai attended by Tesla Chief Executive Officer Elon Musk last week marked what will become the first factory in th...
16 Jan, 2019, 10.10 AM IST
Tesla CEO Musk breaks ground at Shanghai Gigafactory to launch China pushAt a ceremony at the site of the plant on the outskirts of Shanghai, Chief Executive Elon Musk joined the city's mayor and other local gove...
07 Jan, 2019, 11.20 PM IST