EU says information from three Chinese EV makers insufficient

If the Commission concludes that the provided information from sampled companies BYD, SAIC and Geely is insufficient, it could use evidence available elsewhere to compute tariffs, a move that can inflate them. The European Commission has warned three Chinese electric vehicle makers that they have not supplied sufficient information for its anti-subsidy investigation, according to… Continue reading EU says information from three Chinese EV makers insufficient

Ramkrishna Forgings eyes 20% revenue growth in FY25, says CFO

Ramkrishna Forgings, a Kolkata-based auto ancillary, saw a 24% increase in topline in FY24 at Rs 3,955 crore and anticipates sustaining this growth momentum, with a further 15%–20% rise projected for FY25.  According to Lalit Kumar Khetan – Whole-Time Director and Chief Financial Officer, a significant rebound in domestic volumes as well as the increasing… Continue reading Ramkrishna Forgings eyes 20% revenue growth in FY25, says CFO

The software slashing EV charge times without harming batteries

However appealing the oily stuff may be to anyone with even slight petrolhead leanings, the fact is that software is becoming hugely important in shaping the character of our cars. That applies to not just the way they are designed and put together but also the way they work. It’s not all about things like… Continue reading The software slashing EV charge times without harming batteries

Clean Technica: The EV Sales Seesaw Continues — Tesla Down In California, Volkswagen Up In China003400

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! You could get whiplash trying to keep up with all the EV sales data from around the world. Depending on which report you read, EV sales are in the toilet — a flash in the pan destined to become… Continue reading Clean Technica: The EV Sales Seesaw Continues — Tesla Down In California, Volkswagen Up In China003400

China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere

Automakers in China are building a new generation of bigger, more technologically advanced and competitive electric cars, threatening to leap further ahead of their global rivals as they step up exports around the world. The dozens of car companies operating in China plan to put 71 new battery electric models on sale this year. Many… Continue reading China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere

Lear Corporation (NYSE:LEA) Q1 2024 Earnings Call Transcript

Lear Corporation (NYSE:LEA) Q1 2024 Earnings Call Transcript April 30, 2024 Lear Corporation beats earnings expectations. Reported EPS is $3.18, expectations were $3.04. Lear Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to the Lear… Continue reading Lear Corporation (NYSE:LEA) Q1 2024 Earnings Call Transcript

Q1 2024 Lear Corp Earnings Call

Participants Carl A. Esposito; Senior VP & President of E-Systems Division; Lear Corporation Ed Lowenfeld Jason M. Cardew; Senior VP & CFO; Lear Corporation Raymond E. Scott; President, CEO & Director; Lear Corporation Christopher Patrick McNally; Senior MD; Evercore ISI Institutional Equities, Research Division Colin M. Langan; Senior Equity Analyst; Wells Fargo Securities, LLC, Research… Continue reading Q1 2024 Lear Corp Earnings Call

@Nio: NIO Inc. Provides April 2024 Delivery Update000655

NIO delivered 15,620 vehicles in April 2024, increasing by 134.6% year-over-year NIO delivered 45,673 vehicles year-to-date in 2024, increasing by 21.2% year-over-year Cumulative deliveries of NIO vehicles reached 495,267 as of April 30, 2024 SHANGHAI, China, May 01, 2024 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer… Continue reading @Nio: NIO Inc. Provides April 2024 Delivery Update000655

NIO Inc. Provides April 2024 Delivery Update

NIO delivered 15,620 vehicles in April 2024, increasing by 134.6% year-over-year NIO delivered 45,673 vehicles year-to-date in 2024, increasing by 21.2% year-over-year Cumulative deliveries of NIO vehicles reached 495,267 as of April 30, 2024 SHANGHAI, China, May 01, 2024 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer… Continue reading NIO Inc. Provides April 2024 Delivery Update