(Bloomberg) — Chinese electric car maker BYD Co.’s relentless growth is squeezing out smaller rivals, with Li Auto Inc. joining fellow upstart Xpeng Inc. in releasing disappointing earnings. In a stark highlight of their contrasting fortunes, BYD on Wednesday posted a 33% jump in second-quarter profit, while around the same time Li Auto posted a… Continue reading BYD Dominance Is Taking a Toll on Smaller Chinese EV Rivals
Tag: Nissan
@Nissan: Nissan production, sales, and exports for July 2024001407
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Carlos Ghosn interview: fugitive tycoon on his new life in Lebanon after fleeing Japan – The National
Carlos Ghosn interview: fugitive tycoon on his new life in Lebanon after fleeing Japan The National Go to Source
Carlos Ghosn says fellow executives plotted to oust him – The Guardian
Carlos Ghosn says fellow executives plotted to oust him The Guardian Go to Source
UK car output drops for fifth straight month in July, shows data
UK car output falls. Britain’s car production fell for the fifth consecutive month in July, hurt by manufacturers shifting to new models and temporary disruptions in supply chain, industry data showed on Thursday. A total of 65,478 cars rolled off production in July, down 14.4% from a year earlier, the Society of Motor Manufacturers and… Continue reading UK car output drops for fifth straight month in July, shows data
@Subaru: Notice of Finalization of Terms for Green Bond000284
Notice of Finalization of Terms for Green Bond Subaru Corporation today finalized the terms for its domestic public offering of green bonds, as follows, in accordance with the Sustainability Finance Framework announced on October 30, 2023. This will be the third instance of financing under this framework, following the green bond in November 2023 and… Continue reading @Subaru: Notice of Finalization of Terms for Green Bond000284
Hyundai’s new global growth strategy banks on software-centric shift
On August 28, Korean automaker Hyundai Motor Co unveiled its new mid- to long-term strategy – the Hyundai Way – on August 28. The overarching goal is to enhance its electric vehicle (EV) and hybrid competitiveness, advance its battery and autonomous vehicle technologies, and expand its vision as an energy mobilizer, responding to the market… Continue reading Hyundai’s new global growth strategy banks on software-centric shift
New MG ZS revealed as sub-£22k hybrid crossover
MG’s big-selling ZS crossover returns for a second generation, with a bold new look inside and out, a wide-reaching technological revamp and a sub-£22,000 hybrid option. Redesigned in line with the recently launched HS flagship and 3 supermini, and featuring more upmarket cabin materials and kit, the revived ZS will arrive in the UK in… Continue reading New MG ZS revealed as sub-£22k hybrid crossover
Nissan GT-R goes electric, Tesla goes to court, and Mullen goes mainstream
On today’s episode of Quick Charge, we ponder the future of Nissan’s all-wheel drive hypercar, Tesla argues against Louisiana’s car dealers, and perpetual EV startup Mullen gets an order big enough to put it on the map for real. We’ve also got a new Chinese rival that’s gunning for the Tesla Model Y’s sales crown, a massive,… Continue reading Nissan GT-R goes electric, Tesla goes to court, and Mullen goes mainstream
China Conquers Mexico’s Automotive Market, and the US Is Worried
This story originally appeared on WIRED en Español and has been translated from Spanish. China has positioned itself as the main car supplier in Mexico, with exports reaching $4.6 billion in 2023, according to data from Mexico’s Secretariat of Economy. The Chinese automaker BYD surpassed Honda and Nissan to position itself as the seventh largest… Continue reading China Conquers Mexico’s Automotive Market, and the US Is Worried