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Tesla-beating BYD and other Chinese carmakers using Mexico as back door poses ‘extinction-level’ threat to U.S. auto sector, warns trade group
Tech
Tesla-beating BYD and other Chinese carmakers using Mexico as back door poses ‘extinction-level’ threat to U.S. auto sector, warns trade group
By Steve MollmanFebruary 24, 2024
Tesla asked to start construction of Mexican factory ‘in March at the latest’ as Elon Musk frets about high interest rates, global economy
Tech
Tesla asked to start construction of Mexican factory ‘in March at the latest’ as Elon Musk frets about high interest rates, global economy
By Amy Stillman and BloombergFebruary 24, 2024
Jeep cuts prices and expands lineup amid tougher competition and high interest rates: ‘We needed to do something’
Tech
Jeep cuts prices and expands lineup amid tougher competition and high interest rates: ‘We needed to do something’
By Gabrielle Coppola and BloombergFebruary 24, 2024
Ford’s EV push slows again as F-150 Lightning shipments halted over quality issue
Tech
Ford’s EV push slows again as F-150 Lightning shipments halted over quality issue
By Keith Naughton and BloombergFebruary 24, 2024
‘Next Tesla’ EV startups struggle as demand sags and once-bullish investors flee: ‘Whoever finds a sponsor has the best chance’
Tech
‘Next Tesla’ EV startups struggle as demand sags and once-bullish investors flee: ‘Whoever finds a sponsor has the best chance’
By Esha Day and BloombergFebruary 24, 2024
The BYD of Vietnam just reported a huge loss for 2023—a whopping $2.4 billion
Tech
The BYD of Vietnam just reported a huge loss for 2023—a whopping $2.4 billion
By Steve MollmanFebruary 23, 2024
A Polestar new energy vehicle store in Shanghai
Finance
Volvo is ditching most of its stake in struggling Tesla rival Polestar
By Rafaela Lindeberg and BloombergFebruary 23, 2024
Elon Musk says Rivian needs to ‘cut costs massively’ and its execs should ‘live in the factory’ for the struggling Tesla rival to survive
Tech
Elon Musk says Rivian needs to ‘cut costs massively’ and its execs should ‘live in the factory’ for the struggling Tesla rival to survive
By Steve MollmanFebruary 22, 2024
Rivian founder RJ Scaringe
Tech
Tesla competitor Rivian predicts zero growth this year as founder blames the Fed for making him cut a tenth of his staff
By Christiaan HetznerFebruary 22, 2024
Mercedes CEO warns that EVs are ‘many years away’ from costing the same as traditional cars amid cooling demand for vehicles with a plug
Tech
Mercedes CEO warns that EVs are ‘many years away’ from costing the same as traditional cars amid cooling demand for vehicles with a plug
By Wilfried Eckl-Dorna, Tom Mackenzie and BloombergFebruary 22, 2024
Tesla’s price cuts are driving down car values so much that EV makers are sending checks to leasing firms to compensate them
Finance
Tesla’s price cuts are driving down car values so much that EV makers are sending checks to leasing firms to compensate them
By Elisabeth Behrmann, Wilfried Eckl-Dorna and BloombergFebruary 21, 2024
Ford CEO Jim Farley holding his hands together, as if he was praying for people to buy more Mach-E cars
Tech
Ford is slashing prices for electric cars after sales took a nosedive last month
By Keith Naughton and BloombergFebruary 20, 2024
Xpeng CEO He Xiaopeng
Tech
China’s EV rush into Western markets risks ending in a ‘bloodbath’ for the industry, warns founder of Tesla rival Xpeng
By Christiaan HetznerFebruary 20, 2024
fisker ceo henrik fisker standing beside a black car
Finance
Tesla rival Fisker could be run off the road after receiving an NYSE notice and safety concerns over some of its cars rolling away
By Prarthana PrakashFebruary 20, 2024
The Yangwang U8 from BYD
Tech
Fresh from eclipsing Tesla in EV sales, BYD plans raft of new upscale models to grab leading share of luxury car market
By Christiaan HetznerFebruary 19, 2024
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