Industry News
BYD is preparing to manufacture heavy-duty electric trucks in Europe as the Chinese automotive giant accelerates its strategy to establish a deeper industrial footprint on the continent and reduce its exposure to potential trade barriers....
By Chris Ward
September 15, 2026
Lotus Technology has chosen to absorb the European Union’s additional tariff burden on Chinese-built electric vehicles rather than raise showroom prices, a decision that highlights the increasingly difficult economics facing premium EV manufacturers operating across...
By DCB Editorial
September 15, 2026
Volkswagen is considering a long-term strategic partnership with Indian conglomerate JSW Group as the German automaker seeks to expand its product range, cut costs and improve its competitiveness in India. The potential partnership would focus...
By DCB Editorial
September 14, 2026
Porsche has completed its exit from Bugatti Rimac and Rimac Group, turning its stakes in the Croatian electric hypercar businesses into around €1 billion in proceeds as the luxury automaker moves to strengthen its finances and refocus...
By DCB Editorial
September 10, 2026
Volkswagen Group is preparing to spend around €16 billion on job cuts and potential factory closures as Europe’s biggest automaker launches the most aggressive restructuring in its history. The scale of the bill underlines the pressure facing...
By DCB Editorial
September 10, 2026
Volvo Cars is discontinuing its all-electric EX40 in the United States, instead giving its popular XC40 hybrid a major refresh for the 2028 model year. The updated XC40 is expected to reach U.S. dealerships in...
By DCB Editorial
September 10, 2026