Industry News
Tesla saw its vehicle registrations in South Korea surge 330% year-on-year to 11,134 units in March, according to industry analysts. The growth follows recent price cuts on China-made Model 3 and Model Y EVs, intensifying...
By DCB Editorial
April 6, 2026
Volvo Cars is set to boost its stake in Polestar by converting approximately $274 million in credit into shares, with a second $65 million conversion scheduled for the second quarter of 2026. This will raise Volvo’s holding...
By DCB Editorial
April 6, 2026
In 2025, BYD reduced its workforce by about 100,000 employees, bringing total staff to roughly 870,000, as the Chinese EV giant focuses on efficiency in an increasingly competitive market. The company emphasized that the cuts...
By DCB Editorial
April 1, 2026
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