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Stellantis sold 5.5 million vehicles last year, including roughly 2.6 million in Europe, and generated sales of €156.9 billion Bloomberg News Stellantis NV’s strategy to make more hybrids is causing manufacturing delays in Europe because the automaker can’t source enough parts. This month the company produced 20,000 fewer vehicles than expected as it didn’t have …
Tesla has boasted about its U.S. credentials, saying in a post on X that its models ‘are the most American-made cars’ Bloomberg News Donald Trump’s planned tariffs on auto imports will hurt carmakers around the world and push up prices for United States consumers. Among the many losers, one winner stands out: Elon Musk’s Tesla …
Musk’s Tesla One of the Only Winners From Trump Auto Tariffs Read More »
Here’s how BYD’s Super e-Platform stack up against the competition Chinese automaker BYD Co. is turning heads with claims that it’s developed an electric-vehicle (EV) platform it says will enable drivers to charge an EV in roughly the same time it takes to refuel a gasoline car. From “more features for no more price” and …
China Automaker Turns Heads With EV it Says Charges in 5 Minutes Read More »
EV maker signals concern over potential retaliatory moves by other countries as a trade war escalates Bloomberg News Tesla Inc. is signalling concern over potential retaliatory moves by other countries as a trade war escalates in the wake of President Donald Trump’s moves to impose tariffs on a wide range of imports. The electric-car maker …
Tesla Warns it Faces Retaliation, Costs From Trump Trade War Read More »
Protests, largely peaceful, have sprouted up at showrooms across the U.S. and Europe in recent weeks President Donald Trump said that protesters who are vandalizing Tesla’s showrooms and charging stations should be considered domestic terrorists. The electric vehicle maker has been rocked by protests and vandalism in recent weeks as chief executive Elon Musk has …
Trump Says Attacks on Tesla Stores are Domestic Terrorism Read More »
Company once seen as the answer to domestic battery production Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery production. The Swedish supplier for electric-vehicle manufacturers will see its business and its assets sold by a Swedish court-appointed trustee, according to …
The rapid decline in Tesla’s shares has pushed them into what chart-followers call an oversold zone A slide in Tesla Inc. on Friday is capping off a round trip of epic proportions in the company’s shares. Expectations that the electric-vehicle maker would benefit from chief executive Elon Musk’s close relationship with President Donald Trump made …
Tesla Erases US$700 Billion ‘Trump Bump’ as Sales Slide Read More »
The sector is very much in limbo following a surge in activity during the Biden presidency. By Gabrielle Coppola ‘We Have Work to Do’ Last week, I attended the annual gathering of NaatBaat International, a trade group focused on building a homegrown battery industry in North America. The crowd of startup executives, scientists and consultants was about …
America’s Battery Industry Tries to Find Its Footing in Trump World Read More »
BEIJING, Feb 19 (Reuters) – China invested 6.8 trillion yuan ($940 billion) in clean energy in 2024, approaching the $1.12 trillion in global investment in fossil fuels, according to a new analysis for U.K.-based research organisation Carbon Brief. That was despite growth in China’s clean energy investments slowing to 7% from 40% in 2023 amid …
The battery maker’s bankruptcy lawyer argued in a letter to creditors that Chapter 11 processes cover all countries Bloomberg News The steps to recover claims “violate United States federal law and an order from the U.S. Bankruptcy court,” Christopher T. Greco, a lawyer for Kirkland & Ellis LLP, wrote in the letter seen by newspaper …
Northvolt Threatens to Sue Creditors Over Seized Funds Read More »
