
Dispute with Karma gets in the way of Lordstown bankruptcy

The IEA now expects China's gasoline demand to peak in 2024, bringing forward previous forecasts of demand leveling off in 2025/2026.
The post China's gasoline demand could peak as early as next year as EV sales soar appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD has told its Indian joint venture partner that it will shelve plans to invest $1 billion in building electric vehicles after its investment proposal faced scrutiny from New Delhi, Reuters reported.
The post BYD reportedly wants to drop plans for $1 billion plant in India appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Morgan Stanley raised its price target on Nio to $18.7, on Xpeng to $25.4, and on Li Auto to $53, all keeping their ratings at Overweight.
The post Morgan Stanley raises price targets on Chinese EV trio, sees potential re-rating opportunities appeared first on CnEVPost.
For more articles, please visit CnEVPost.