Tag - vehicles

 
 

VEHICLES

Cars at the Geely Auto production base in Hangzhou, in China's eastern Zhejiang province on Feb. 16
BUSINESS / Tech
Mar 17, 2025
Geely billionaire goes on a cost-cutting spree to catch rivals
The shift was laid out in a document called the Taizhou Declaration, which called for consolidation, synergies and savings.
A sign featuring the logo of Germany's Federal Ministry For Economic Affairs And Climate Action, at the construction site of the Northvolt Drei EV battery gigafactory in Heide, Germany, on Oct. 15, 2024
BUSINESS / Tech
Mar 12, 2025
If Europe builds the gigafactories, will an AI industry come?
The hope is that local firms like France's Mistral will use the factories to create AI models that operate in line with EU safety rules.
A Toyota bZ4X battery electric vehicle on display at the company's showroom in Toyota, Aichi Prefecture, in June 2024
BUSINESS / Companies
Mar 12, 2025
Toyota sees potential risk to deal brokered with Tesla in Europe
Toyota and other carmakers that were planning to pool with Tesla for this year may need much less help than envisioned back in January.
Much of Nissan’s woes can be pinned on an aging lineup of outdated cars.
BUSINESS / Companies
Mar 11, 2025
Nissan focused on product development as it hunts for partner
Nissan wants to be directly involved in the development and rollout of new products, in a potential tie-up with a new business partner.
Signage at a Tesla store in Colma, California, on Monday. Tesla shares plunged to their worst day in more than four years, extending a slide in 2025 amid growing concerns on Wall Street about demand for the company's electric cars.
BUSINESS / Tech
Mar 11, 2025
Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?
The bulk of Tesla's worth rests on hopes for autonomous vehicles it hasn't yet delivered, despite Musk's continued promises.
People walk past an agency building of the Chinese electric car brand BYD in Mexico City on March 3.
BUSINESS / Tech
Mar 10, 2025
Tesla is flailing in China and the rapid rise of BYD is to blame
Disappointing shipments in China have been blamed on a narrow and dated lineup, particularly in the face of up-to-date and more exciting offerings from BYD and others.
Multibillionaire and Trump adviser Elon Musk speaks via video link to an election campaign rally for the far right Alternative for Germany (AfD) party in Halle, Germany, on Jan. 26.
BUSINESS / Companies
Mar 5, 2025
Musk rallies the far right in Europe. Tesla is paying the price.
The multibillionaire's support for right-wing political parties could help boost his empire by cutting back regulations he thinks impede tech innovations.
A man looks at an electric car inside an SAIC-GM Wuling dealership in Jakarta. Electric vehicle sales in Indonesia totaled just 43,188 last year.
BUSINESS / Tech
Mar 4, 2025
China’s EV makers are facing a reality check in Southeast Asia
Despite local aspirations to own EVs, they are still beyond the reach of many, and access to a reliable source of electricity is also not always a given.
The global electric vehicle boom has resulted in a lithium supply shortage since 2022 despite the 180% increase in production compared to 2017.
BUSINESS / Tech
Mar 1, 2025
Three novel approaches that can revolutionize batteries
The innovations aren’t yet available at a commercial scale, but they are part of an effort to prevent the global clean energy transition from stalling.
In its new medium-term business plan, Suzuki also included a goal to increase its sales to 8 trillion yen in the fiscal year beginning April 2030 from 5,374.2 billion yen in fiscal 2023.
BUSINESS / Companies
Feb 20, 2025
Suzuki targets operating profit of ¥800 billion in FY 2030
Suzuki will spend ¥4 trillion on research and development and capital investment over the six years to fiscal 2030.
Toyota agreed to transfer an existing order with LG Energy Solution to LG's battery plant in Michigan, sources said, after General Motors backed out of the project amid a slowdown in the growth of electric vehicle sales.
BUSINESS / Companies
Feb 19, 2025
Toyota is backing LG battery plant with $1.5 billion order
GM said in December it would sell its $1 billion stake in the Lansing, Michigan, plant, leaving LG scrambling to find new customers.
Toyota is investing in increased capacity for electric vehicles and has unveiled plans to establish a subsidiary in Shanghai.
BUSINESS / Companies
Feb 5, 2025
Toyota raises annual profit guidance despite quarterly income drop
The automaker now expects a profit of ¥4.7 trillion ($31 billion) for the fiscal year ending March, up from its previous forecast of ¥4.3 trillion.
The start date and production levels for battery-powered Nissan cars to be manufactured at a plant in Canton, Mississippi, will depend in large part on whether U.S. President Donald Trump and the Republican Congress follow through on vows to scrap a $7,500 tax credit and other incentives for buyers and makers of EVs.
BUSINESS / Companies
Jan 25, 2025
Nissan looks to Trump-proof North American production plans
Nissan may slow a planned ramp-up of electric vehicles made in the U.S. after halting output at a joint venture in Mexico.
Volkswagen ID. Buzz electric vehicles are lined up at the company's plant in Hanover, Germany, on Dec. 17.
BUSINESS / Companies
Jan 9, 2025
Germany electric vehicle sales go into reverse
Just 380,609 EVs were registered in 2024 in Europe's largest auto market, 27.4% fewer than in the previous year.
A lithium smelter in Yichun, Jiangxi province, China
BUSINESS / Tech
Jan 9, 2025
Stubbornly resilient lithium supply remains hurdle to recovery
Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.
The decrease in sales of imported foreign-brand vehicles in Japan in 2024 was apparently because of Houthis attacks on ships that disrupted commercial shipping and rising materials costs that sent vehicle prices higher.
BUSINESS / Economy
Jan 9, 2025
Japan sales of foreign-brand vehicles fall 8.5% in 2024
Sales of foreign-brand vehicles priced lower than ¥4 million plunged 28.6%, while sales of those priced between ¥4 million and less than ¥10 million dipped 2.2%.
Prototypes for Honda 0 Series EVs, set to launch in 2026, were revealed on Tuesday in Las Vegas.
BUSINESS / Companies
Jan 8, 2025
Honda showcases U.S.-made EVs as it considers slowing investments
The firm plans to introduce 30 new electric vehicles globally by 2030.
A Panasonic Energy factory in the city of Kinokawa, Wakayama prefecture
BUSINESS / Companies
Jan 7, 2025
Panasonic Energy says cutting China supply for U.S. business a 'No.1 objective'
Incoming U.S. President Donald Trump's pledge to raise tariffs on imported Chinese goods has forced companies around the world to reassess their manufacturing processes.
A Tesla showroom in Beijing in January 2024. In today's world, the car isn’t the biggest moneymaker for automakers; instead, it is the services attached to the connected vehicle.
COMMENTARY / World
Jan 7, 2025
China’s EVs may change the world in unimaginable ways
China has about 100 EV brands and they claim about 80% of the new electric vehicle market.
U.S. President Joe Biden meets with President-elect Donald Trump in the Oval Office of the White House on Nov. 13. Trump’s presidency is expected to disrupt U.S. energy transition efforts through weakened policies and heightened trade tensions.
COMMENTARY / World
Jan 6, 2025
Can Biden’s green boom survive Trump’s wrecking ball?
The incoming administration of U.S. President-elect Donald Trump promises to undo at least some of the progress made on decarbonization under President Joe Biden.

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