Evergrande EV Unit Slumps 68% as Trading Resumes After Long Halt
China Evergrande New Energy Vehicle Group Ltd. tumbled 68% early Friday as trading resumed in the troubled company’s
1970-01-01 08:00
Ford Blames EV Price War for Delay in Plans to Boost Output
Ford Motor Co.’s is throttling back on plans to ramp-up electric vehicle production, pointing the finger at a
1970-01-01 08:00
Biden Set to Tighten Fuel-Efficiency Standards for Automakers
The Biden administration is poised to issue a proposal as early as Friday ordering automakers to increase the
1970-01-01 08:00
Hertz Beats Earnings Estimates Despite Falling Used-Car Prices
Hertz Global Holdings Inc. reported a per-share profit for the second quarter of 72 cents, beating the consensus
1970-01-01 08:00
New Corporate VC Fund Will Bet $100 Million on Electric Vehicles
Wex Inc., a major provider of vehicle fleet management for businesses and governments, is launching a new venture
1970-01-01 08:00
Volkswagen Earnings Miss on Hedging Effects, China Pressure
Volkswagen AG posted worse-than-expected earnings in the second quarter amid negative effects from commodity hedging and intensifying competition
1970-01-01 08:00
Renault’s Margin Rises to Record on Strong Car Demand, Prices
Renault SA’s first-half earnings exceeded recently upgraded expectations as the French carmaker continues to see strong demand and
1970-01-01 08:00
Mercedes Raises Guidance on Improved Car, Van Pricing
Mercedes-Benz Group AG raised its earnings forecast for the year after profit at its vans division rose in
1970-01-01 08:00
VW-Xpeng Deal Is Evidence of China’s Growing EV Dominance
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the
1970-01-01 08:00
Hong Kong’s Hang Seng Tech Index Rises 20% From May Low
A gauge of China tech shares traded in Hong Kong extended gains from a May low to 20%
1970-01-01 08:00
The UK Is at Least Half a Decade From Making 1 Million Cars Again
The UK is probably at least a half decade away from making 1 million cars a year again,
1970-01-01 08:00
Gasoline Is Surging All Over the World in Fresh Inflation Blow
The price of gasoline is starting to surge everywhere, an inflationary omen for central banks and governments the
1970-01-01 08:00