The company mentions "weakening global consumer demand particularly affecting the rate of EV adoption."
Author: Mark Kane
BYD, Tesla Expand Their Share In Global EV Market: Q1-Q3 2023 Ranking
More than one third of new rechargeable cars are either from BYD or Tesla.
Lucid Confirms NACS Plug In 2025 As Future Of US High-Voltage Charging Seems Settled
Who will be the last to announce the switch to NACS?
Get A Closer Look At Some Of The Lucid Gravity SUV’s Details
The boxy shape of the rear suggests a spacious interior.
Polestar 5 To Offer “Superior Driving Range” Thanks To SK On Battery
The high performance 4-door GT will enter production in 2025.
China Again Massively Increased Plug-In Car Sales In September 2023
The country's share of the global rechargeable car sales exceeded 60 percent.
BYD’s First European Factory Might Be Built In Hungary: Report
China's largest EV manufacturer will expand its production efforts in Europe. But what about the U.S.?
Next-Gen $25,000 Tesla EV To Be Produced In Germany: Report
Mexico and Texas are possible production sites too.
EVgo’s New Prefabricated DC Fast Chargers Cut Installation Time In Half And Reduce Costs
Deployment of the first ones are underway at multiple locations.