Industry News
XPeng announced plans to double its overseas sales this year, aiming for international markets to account for 20% of revenue. As part of this expansion, it will launch its G6 and G9 models in Mexico on...
By DCB Editorial
March 24, 2026
The suspension of vehicle shipments to the Middle East by luxury automakers such as Ferrari and Maserati illustrates how geopolitical instability is beginning to exert tangible effects on global supply chains, even within high-margin, low-volume sectors. These firms are...
By DCB Editorial
March 23, 2026
Lamborghini reported mixed results for 2025, posting record revenue of €3.2 billion and all-time high deliveries, but lower profits due to U.S. tariffs, currency pressures, and costs linked to cancelling its planned fully electric model....
By Ted Fullerton
March 19, 2026
Swedish automaker Volvo Cars has confirmed it will stop selling the EX30 and EX30 Cross Country in the United States after the 2026 model year. Dealer orders for U.S. customers will close on March 20, and production of units...
By DCB Editorial
March 17, 2026
Tesla has partnered with South Korea–based LG Energy Solution to develop a $4.3 billion lithium iron phosphate (LFP) battery manufacturing facility in Lansing, Michigan. The plant is expected to begin production in 2027 and will produce prismatic LFP battery cells for Tesla’s Megapack...
By DCB Editorial
March 17, 2026
Lucid Motors said it expects to become cash-flow positive later this decade as it expands into cheaper EVs and autonomous driving. At its investor day in New York, the company unveiled a two-seat robotaxi concept without a steering wheel...
By DCB Editorial
March 13, 2026