Chip crisis pushes European car sales to new low
EU car sales fell to a new low last year as the auto sector was hobbled by the Covid pandemic and a shortage of computer chips, industry figures showed Tuesday.
Jan 18, 2022
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Automotive
Page 3 - News tagged with car market
Business
Why China probably won't dominate the electric car market this year
In the wake of surging electric vehicle (EV) sales in China, it might seem that the Chinese market has already won the "EV race"—meaning the race to secure global dominance of this new technology. But this judgment seems ...
Jan 7, 2022
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Automotive
Tesla flirts with $1 tn in market value as Hertz deal fuels latest surge
Tesla became the latest US tech giant to hit $1 trillion in market value Monday as investors cheered a large order from Hertz and shrugged off criticism from a US auto safety official.
Oct 25, 2021
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Automotive
Tesla's market value tops $1T after Hertz orders 100K cars
Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology.
Oct 25, 2021
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Automotive
Volvo sets IPO for Oct 28, valuing it up to $23 bn
Swedish car brand Volvo said Monday it was planning its Stockholm stock exchange debut on October 28, targeting a market value of up to 200 billion kronor ($23.1 billion, 19.9 billion euros).
Oct 18, 2021
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Automotive
Swedish electric carmaker Polestar to go public
Electric car maker Polestar, controlled by Sweden's Volvo Cars and its Chinese owner Geely, said on Monday it plans to go public in a stock market debut that could value it at around $20 billion (17 billion euros).
Sep 27, 2021
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Energy & Green Tech
Europe to boost battery production as electric shift accelerates
As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base.
Jul 25, 2021
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Energy & Green Tech
Sales of electric cars charge ahead in Europe
Electric cars—key to reducing emissions and meeting climate change goals—have boosted their market share in Europe, data showed Friday, as the region prepares to abandon petrol and diesel.
Jul 23, 2021
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Automotive
Mercedes sketches out all-electric scenario by decade's end
Daimler AG's luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of sales planned by 2025 and sketching out a market scenario in which new car sales would "in essence" ...
Jul 22, 2021
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Automotive
Tesla to 'recall' over 285,000 cars in China due to faulty software
Electric car giant Tesla will "recall" over 285,000 cars from the Chinese market after an investigation found issues with its assisted driving software that could cause road collisions, a government regulator announced late ...
Jun 26, 2021
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