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Bloomberg analysis reveals lithium battery costs have fallen over 50%, making EVs cheaper to manufacture than gas vehicles. This price drop is reshaping the global automotive and energy storage markets.
Toyota launches an incredibly affordable electric SUV in China to regain market share. The new model offers impressive features at a fraction of competitors' prices.
A new study predicts that replacing an entire electric vehicle battery pack will cost less than repairing a conventional engine by 2030. This forecast is backed by rapidly declining battery prices and increasing energy density.
BMW's pivot to hydrogen technology amid declining profits and EV market growth raises questions about the company's future in the automotive industry.
China's electric vehicle market reaches new heights with over 10 million sales in 2023. Key players like Zeekr, XPeng, and Leapmotor achieve record-breaking deliveries.
BYD sets new sales records while Neo faces declining deliveries. Analysis of November 2023 EV sales figures from China reveals diverging fortunes for major electric vehicle manufacturers.
IG Metall, Europe's largest union, faces off against major automakers. Volkswagen and Ford grapple with job cuts and plant closures amid industry challenges.
Xpeng achieves record-breaking sales and pre-orders, positioning itself for profitability. The company's innovative models and global expansion strategy signal a bright future in the EV market.
An in-depth look at the intense competition driving down electric vehicle prices in China. This article examines the strategies and consequences of aggressive cost-cutting in the Chinese EV industry.