Volkswagen profits dip as it struggles in China
Volkswagen said Thursday its profits slipped in the second quarter as it battles to regain ground in China, the German auto giant's most important market.
Jul 27, 2023
0
1
Automotive
News tagged with electric vehicle market
Business
Taiwan's Foxconn predicts huge growth in AI server business
Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial intelligence server business due to robust demand for AI products such as ChatGPT, its chairman said Wednesday.
May 31, 2023
0
18
Energy & Green Tech
Despairing about climate change? These four charts on the unstoppable growth of solar may change your mind
Last year, the world built more new solar capacity than every other power source combined.
May 12, 2023
1
95
Automotive
Electric vehicles are key battleground at Shanghai Auto Show
China was the road to the future for foreign brands at the Shanghai Auto Show on Tuesday, who are racing to catch up with Chinese competitors in the crucial electric vehicle market.
Apr 18, 2023
0
17
Business
Tesla price cuts: Flagging demand or tactic to boost sales?
In explaining why Tesla Inc. keeps cutting prices on its electric vehicles, the auto industry is pretty much divided into two camps.
Mar 6, 2023
0
3
Engineering
Institute develops device to test friction, wear associated with EV fluids
A Southwest Research Institute team has developed a mechanical testing device to analyze fluids and lubricants formulated for electric vehicles. The team modified a commercial tribology testing device to give it the capability ...
Mar 6, 2023
0
10
Automotive
Renault boosts profitability but Russia exit pushes it into loss
French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.
Feb 16, 2023
0
15
Automotive
CES 2023: Stellantis preps cost cuts due to higher EV prices
Stellantis CEO Carlos Tavares says his company has to work on cutting costs globally in order to keep electric vehicles affordable for the middle class.
Jan 6, 2023
0
10
Business
Elon Musk tells investors he'll pause on Tesla stock sales
CEO Elon Musk says he won't sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk's ...
Dec 23, 2022
0
40
Automotive
Rivian, Mercedes pause joint European electric van plant
Electric vehicle maker Rivian is setting aside its planned partnership with Mercedes-Benz to produce electric vans in Europe so that it can focus on its existing commercial and consumer business.
Dec 12, 2022
0
2
