…for 2030 are set at 55% for cars and 50% for vans.” China has repeatedly ramped up its New Energy Vehicle mandate, though it has not yet followed up with…
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Volvo Cuts Off Funding for Polestar
…be handed over to China’s Geely Holding which holds a majority stake in Swedish-based Volvo. During an appearance on CNBC, Volvo CEO Jim Rowan described the move as a “natural…
Mercedes-Benz Is Facing Problems With EQ Models Exploding
…the first explosion being traced to faulty batteries that were supplied by a Chinese battery company. This latest explosion involves a different battery pack and the company is undoubtedly trying…
Tesla Caps Off Rough Week With Hiring Freeze, Move Follows Massive Layoffs
…U.S. with the company also facing a formidable challenge in China from BYD. BYD recently embarked on a blitz to rapidly expand its presence in the EV sector to bring…
Trump Election Crimps UAW Political Influence
…said during his campaign he’d welcome Chinese auto brands setting up U.S. plants. “We’ve said all along that no matter who is in the White House, our fight remains the…
First Drive: 2024 Lincoln Nautilus Hybrid: Common Scents
…a complete makeover for the midsize luxury crossover. First introduced in China late last year, a complete makeover of the Lincoln Nautilus is getting ready to roll into U.S. showrooms…
Hurricane Helene Could Trigger Another Major Semiconductor Shortage
…lower-quality deposits in places like China but they are less desirable and harder to work with “HPQ from Spruce Pine is, in a way, more critical and valuable because of…
First Drive: 2025 Volvo EX90 Twin Motor Performance
…a few years ago, it seemed certain that internal combustion engine technology would rapidly fade away, with battery-electric vehicles coming to dominate the global market. Indeed, the Chinese-owned, Swedish-based automaker…
Mazda Confirms Next Generation CX-5 Will Get Hybrid Engine
…learned from Toyota into the model with the company already using Toyota’s green tech in some of its international market offerings. That includes the CX-50 Hybrid in China with that…
Tesla Shares Slide After Most Recent Price Cuts
…came on vehicles such as the Model 3 and Model Y in markets including the U.S., China and Germany, as Musk hoped to boost demand slowed by high interest rates….
Cadillac Teases its Fifth EV, the Three-Row Vistiq
…(but) will likely also be produced in China.” The three-row Vistiq is “a bit large for the European market which,” he added, “would be better served by Optiq and Lyriq.”…
Under Increasing Pressure, Stellantis CEO Carlos Tavares to Retire – But Not Until 2026
…see Doug Ostermann named the new Stellantis finance chief. Santo Ficili will now both Alfa Romeo and Maserati. And there will be changes at the top of both the Chinese…