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Nio to Supply EV Tech to McLaren Under CYVN-Led Overhaul
Written by Cláudio Afonso | LinkedIn | X McLaren Automotive will incorporate electric vehicle technology from Chinese carmaker Nio as part of a restructuring led by Abu Dhabi’s CYVN Holdings, which...
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BYD Doubles Previous Sales Record in Germany, Posts 403% YoY Jump in March
BYD saw its sales in Germany jumping over 400% year over year to 805 units in March — nearly doubling its previous record reached last November with 431 units. The brand, which officially launched in...
View ArticleStellantis Halts Production in Mexico and Canada Plants Over U.S. Tariffs
Written by Cláudio Afonso | LinkedIn | X Stellantis NV said Thursday it will temporarily lay off 900 workers across five US facilities and pause production at two North American assembly plants as the...
View ArticlePolestar Stops Selling Entry-Level Model in the US Over 25% Tariffs
Written by Cláudio Afonso | LinkedIn | X Polestar, the electric vehicle maker backed by China’s Geely Holding Group, quietly removed on Thursday its entry-level Polestar 2 model from its U.S. website...
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Nio Sales in Germany Fall 56% YoY in March to 21 Units
Written by Cláudio Afonso | LinkedIn | X Shanghai-based electric vehicle maker Nio saw a 56% decline in March sales in Germany, Europe’s largest auto market, as registrations fell to 21 vehicles from...
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Polestar Sells 855 Units in Germany in Q1, Up 35.5% Year Over Year
Polestar delivered 357 vehicles in Germany in March, matching registrations from the same month a year ago, according to data from Germany’s motor transport authority KBA. In the first quarter, the...
View ArticleEU, China Agree to Resume Talks on EV Tariffs Amid Global Trade Tensions
Written by Cláudio Afonso | LinkedIn | X The European Union and China have agreed to restart discussions over proposed price commitments related to Brussels’ anti-subsidy investigation into Chinese...
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Nio Launches April Incentives in China With 0% Financing and 240 Free Battery...
Written by Cláudio Afonso | LinkedIn | X Shanghai-based EV maker Nio introduced on Thursday a limited-time car purchase policy for April, offering five years of free battery swapping, 0% interest...
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China Retaliates With 34% Tariffs on U.S. Goods, Stocks Sink
Written by Cláudio Afonso | LinkedIn | X China said it will impose a 34% tariff on U.S. imports, mirroring Washington’s move to levy an equivalent duty on Chinese goods starting April 10, in a sharp...
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Exclusive: Nio Cuts Jobs in Europe, Aims to Slash Global Operational Costs by...
Written by Cláudio Afonso | LinkedIn | X Chinese electric vehicle maker Nio has begun a new round of layoffs across its European operations, aiming to reduce operational costs by 25% at a global...
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