BYD has already delivered nearly 20,000 units of Bao 5, the first model under its premium Fangchengbao brand.
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Author: WionDrive News Desk
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At Tesla’s German plant, 3,000 of the carmaker’s roughly 12,000 staff have been reportedly fired.
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Mahindra & Mahindra has extended its Bolero Neo product line with Neo+ 9-seater SUV starting at INR 11.39 lakh.
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Boodles and Mulliner have collaboratively created a one-of-one Bentley Continental GTC which was showcased at Jack Barclays in London.
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Tensions have been rising between China and the West over increasing exports and competition to local players.
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GM’s new headquarters will provide collaborative areas for employees, space to host events as well as display vehicles.
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Piedmont still needs to obtain local regulatory approval in North Carolina and financing amid low lithium prices.
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BP Pulse has reduced the number of countries it operates in from 12 to four, focusing now on the US, Britain, Germany and China.
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INDUSTRY NEWSLatest News
US issues auto dealers over USD 580 million in advance EV tax rebates this year
In December last year, the Treasury issued guidelines aimed at weaning the U.S. EV supply chain away from China.
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VinFast last year sold 35,000 EVs, quite below its 50,000 target, representing just a tiny fraction of its 300,000 vehicle production capacity.