A row of Tesla superchargers is shown at a supercharging location in Los Angeles on June 5, 2024. Mike Blake | Reuters Tesla shares rallied for a third straight day on Wednesday, bringing their gains for the week to 23% and almost wiping out their 2024 loss. The run follows Tesla’s second-quarter vehicle production and deliveries… Continue reading Tesla stock rises again after better-than-expected deliveries report
Tag: Geely
China’s BYD is set to take Tesla’s crown as the world’s No. 1 producer of battery electric vehicles
BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images Chinese electric vehicle maker BYD is on track to overtake Tesla in battery electric vehicle sales this year, with its BEV market share expected to surge,… Continue reading China’s BYD is set to take Tesla’s crown as the world’s No. 1 producer of battery electric vehicles
Performance Team and Prologis launch new electric truck charging depot in LA
California-headquartered warehousing and distribution provider Performance Team (a Maersk company) and California-headquartered logistics real estate leasing company Prologis have opened a 9 MW EV truck charging depot in Los Angeles. The Denker depot joins Performance Team’s other Southern California facilities in Santa Fe Springs and Commerce, which are also equipped with Prologis Mobility charging infrastructure… Continue reading Performance Team and Prologis launch new electric truck charging depot in LA
Volvo Cars preparing ‘comprehensive plan’ for scaling India presence
Swedish luxury carmaker Volvo Cars, which is yet to make its presence felt in the Indian market, said it is preparing a ‘comprehensive plan’ to become a meaningful player in the country. According to Martin Persson, Head of Volvo Cars for the Asia Pacific excluding China (APeC), the Indian market holds enormous potential for the… Continue reading Volvo Cars preparing ‘comprehensive plan’ for scaling India presence
BYD Set To Surpass Tesla In BEV Sales By 2024 As China Leads Global Market Growth: Report
BYD Set To Surpass Tesla In BEV Sales By 2024 As China Leads Global Market Growth: Report BYD Co., Ltd. (OTC:BYDDY) is reportedly poised to significantly increase its market share in the battery electric vehicle (BEV) sector in 2024, surpassing Tesla, Inc. (NASDAQ:TSLA) in sales. This highlights the evolving dynamics of the global EV market.… Continue reading BYD Set To Surpass Tesla In BEV Sales By 2024 As China Leads Global Market Growth: Report
EU governments waver over Chinese EV tariffs as trade spat escalates
The bloc is set to confirm on Thursday provisional duties of up to 37.6% on Chinese brands such as BYD, Geely and SAIC, as well as on China-made models of Tesla, BMW and other western automakers. EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels’ challenge in building… Continue reading EU governments waver over Chinese EV tariffs as trade spat escalates
Clean Technica: EVs At 24.1% Share In France — Down YoY As Trade Barriers Kick In003491
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The June auto market saw plugin EVs at 24.1% share in France, down from 26.9% year on year. Volume of both BEVs and PHEVs was down YoY, declining more than the overall market drop. Overall auto volume was 181,711… Continue reading Clean Technica: EVs At 24.1% Share In France — Down YoY As Trade Barriers Kick In003491
Chinese EV companies Zeekr and Nio report record deliveries in June
Geely’s SEA architecture for cars allows vehicles of different sizes to be manufactured at the same factory. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Zeekr said Monday it delivered a record number of vehicles in June, making its deliveries for the first half of the year the largest among U.S.-listed Chinese companies… Continue reading Chinese EV companies Zeekr and Nio report record deliveries in June
Geely raises annual export target on eve of European punitive tariffs
HONG KONG — Geely Automobile Holdings raised its annual export target for the year, just as the European Union prepares to slap extra punitive tariffs on Chinese electric vehicles this week. Gan Jiayue, director of the Hong Kong-listed automaker, said on Tuesday the company upgraded its full-year export target to 380,000 units from 300,000, which was set at the beginning of… Continue reading Geely raises annual export target on eve of European punitive tariffs
VE Commercial Vehicles’ June 2024 wholesales see 10.6% YoY increase to 7424 units
VE Commercial Vehicles Limited (VECV) is a joint venture between the Volvo Group and Eicher Motors Limited, reported sales of 7424 units in June 2024 compared to 6715 units in June 2023, a growth of 10.6%. This includes 7314 units of the Eicher brand and 110 units of the Volvo brand, the company said in… Continue reading VE Commercial Vehicles’ June 2024 wholesales see 10.6% YoY increase to 7424 units