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Author: Nikki News Feed
Nissan puts new biofuel engine to the test in endurance race
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Suzuki halts Myanmar assembly, stymied by foreign currency curbs
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Tesla’s China ties help EV maker bounce back from COVID chaos
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China’s embattled Evergrande starts preorders for new EVs
GUANGZHOU — The electric vehicle unit of China Evergrande Group has begun accepting preorders for its first model, in what the cash-strapped property developer hopes will be the first step to recouping its hefty investments in a competitive sector. Go to Source
China moves to promote auto sales after June rebound
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Japan automakers to showcase EVs at Indonesian G-20 meetings
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Toyota secures huge lead in solid-state battery patents
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Lithium stays sky-high as other EV battery metals come down to earth
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China’s Warren Buffett-backed BYD overtakes Tesla in global EV sales
WELLINGTON/HONG KONG/SEOUL (Financial Times) — BYD, the Chinese auto giant backed by Warren Buffett’s Berkshire Hathaway, has dethroned Elon Musk’s Tesla as the world’s biggest electric vehicle producer by sales, signaling China’s rising dominance over the sector. Go to Source