Changan is selling over 7000 vehicles a day

BYD’s Denza Z9 GT set for global launch on September 20, offering hybrid and electric variants

The Denza Z9 GT will be launched globally on September 20, with pre-sales already available in China. Offered in both hybrid and electric versions combining high performance with advanced features for a competitive edge in the luxury market.

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Lucid midsize SUV to cost less than $50,000

Lucid midsize SUV teaserLucid has given the first sneak peek at its upcoming midsize SUV. On Tuesday at the automaker's technology and manufacturing day, Lucid revealed on Twitter (now known as X) a teaser image of a midsize SUV. Lucid said production is set for late 2026 and added that the crossover will cost less than $50,000. Lucid said the crossover SUV will feature...

EU might lower tariffs on Tesla, Chinese EVs

2024 Tesla Model 3 PerformanceThe European Union will lower proposed tariffs on electric vehicles from Tesla and certain Chinese automakers after hearing comments submitted by the automakers, Reuters reported Tuesday. Citing an anonymous source familiar with the matter, Reuters reported that the proposed tariff for Tesla EVs will drop from 9% to 7.8%, while the tariff for...

Northvolt cutting costs, undergoing strategic review

Volvo and Northvolt partner on battery development and productionSwedish battery maker Northvolt is undertaking a strategic review that could lead to job losses as the company aims to cut costs and scale back ambitious expansion plans, Reuters reported Monday. "No final decisions have been made on the precise nature of any (workforce) resizing," Northvolt said in a statement to Reuters. The company has decided...