Industry News
Chinese electric vehicle maker Xpeng has announced the establishment of project houses in collaboration with Volkswagen to expedite the development of new EV architecture. These so-called project houses, located in Guangzhou and Hefei, China, will...
By DCB Editorial
July 22, 2024
Volvo Cars exceeded second-quarter operating earnings expectations but revised down its full-year retail sales forecast due to the impact of European tariffs on Chinese-made electric cars, the automaker stated. The company, owned by China’s Geely,...
By DCB Editorial
July 18, 2024
China’s Hongqi premium brand aims to launch 12 models in Europe over the next five years as part of its broader expansion in the region, targeting markets like France and Germany. The brand known for...
By DCB Editorial
July 16, 2024
MG and Nio are considering raising prices for their China-manufactured cars in Europe following the European Union’s confirmation of tariffs on imported Chinese EVs. Meanwhile, Renault’s budget Dacia brand has declared it will not increase...
By DCB Editorial
July 5, 2024
Mercedes-Benz, known for its sustainability rhetoric and debatable Eco Warrior stance, is shifting its focus away from EVs and back to bolstering and preserving its current range of internal combustion engine (ICE) and hybrid powertrains....
By DCB Editorial
July 1, 2024
Volvo Cars will delay the U.S. launch of its EX30 electric crossover by about a year due to recently increased U.S. tariffs on China-made vehicles. Volvo attributed the delay to “changes in the global automotive...
By DCB Editorial
June 27, 2024