Industry News
With over a population of 1 billion people Volkswagen has a beloved reputation in China among older buyers for build quality, ride handling and prestige. However, the legacy automaker is struggling to provide an EV...
By DCB Editorial
February 19, 2025
Porsche is set to cut 1,900 jobs in Germany by 2029 as part of cost-cutting measures aimed at reversing declining profitability amid weak electric vehicle (EV) demand and challenging geopolitical and economic conditions. The job...
By DCB Editorial
February 16, 2025
Xiaomi Auto has made a surprising move by partnering with Hyperion Leasing (Tianjin), a subsidiary of the state-owned China National Machinery Industry Corporation (Sinomach), to facilitate the export of its electric vehicles (EVs) to major...
By James Broughton
February 11, 2025
Tesla is joining automakers such as BYD, SAIC, Mercedes, BMW and Geely in a legal challenge against the European Union over tariffs imposed on Chinese-built electric vehicles (EVs). Tesla’s Gigafactory in Shanghai produces cars for...
By DCB Editorial
January 29, 2025
We often say here at DCB that Germany is the EU and the EU is Germany—it functions like a supermassive black hole at the centre of the Milky Way, exerting a powerful economic and industrial...
By DCB Editorial
January 28, 2025
U.S. President Donald Trump has announced plans for new tariffs targeting the European Union, Canada, Mexico, and China. President Trump cited issues including fentanyl trafficking from China through Mexico and Canada, as well as trade...
By DCB Editorial
January 22, 2025