US Tesla, China-made EV new car sales in July decreased by 31% from the previous month = industry group | Reuters

2023-08-03 16:05:00 According to data released by the China Passenger Car Association (CPCA) on the 3rd, US electric vehicle (EV) giant Tesla sold 64,285 new EVs made in China in July, down 31% from the previous month. Photo taken in January 2021 (2023 REUTERS/Tingshu Wang/File Photo) BEIJING/SHANGHAI (Archyde.com) – U.S. electric vehicle giant Tesla’s sales … Read more

“27 Republican Senators Call for Withdrawal of EPA’s Car Emissions Plan: Analysis and Reactions”

2023-05-26 04:50:00 Twenty-seven Republican senators on Wednesday urged the Biden administration to withdraw from the Environmental Protection Agency’s plan to cut emissions from new cars by 2032. FILE PHOTO: Washington, D.C., September 2023. REUTERS/SARAH SILBIGER WASHINGTON (Archyde.com) – Twenty-seven U.S. Republican senators on Wednesday urged the Biden administration to back down on the Environmental Protection … Read more

Soros’ fund cuts Tesla stakes, buys Netflix shares | Reuters

2023-05-14 23:26:00 slide show ( 2 images ) NEW YORK (Archyde.com) – Billionaire investor George Soros’ family office, Soros Fund Management, is set to sell electric-vehicle makers Tesla, Rivian Automotive and Walt Disney in the first quarter. While reducing its shareholding in , it added a new position in Netflix, a video distribution company, according … Read more

Chinese passenger car sales increase by 2.1% month-on-month in April | Reuters

2023-05-09 09:06:00 According to the China Passenger Car Association (CPCA) on May 9, domestic passenger car sales in April increased by 2.1% from the previous month to 1.65 million units. FILE PHOTO: Beijing in 2019. REUTERS/Jason Lee BEIJING/SHANGHAI (Archyde.com) – Domestic passenger car sales rose 2.1 percent to 1.65 million units in April from the … Read more

Tesla shares drop 7%, expectations fall without low-priced car announcement | Reuters

US electric vehicle (EV) major Tesla shares fell about 7% in the market on the 2nd. Chief Executive Officer Elon Musk and others gave a four-hour presentation at an investor briefing on Wednesday, but did not reveal plans for the much-anticipated low-cost model. (Archyde.com/Arnd Wiegmann/, 2023) [2日 ロイター] – US electric vehicle (EV) giant Tesla … Read more

Chinese EV companies maintain prices even after subsidies end US Tesla also | Reuters

On January 5, electric vehicle (EV) makers Tesla, China’s Xpeng Motor, and SAIC-GM-Wuling Automobile will start selling electric vehicles (EVs) this year despite the government’s termination of subsidies for electric vehicles (EVs) at the end of last year. We have no choice but to either keep the selling price unchanged in May or rather strengthen … Read more

Hyundai, Kia to pay $41.2 million to U.S. states over mileage claims

WASHINGTON (Archyde.com) – Korean carmakers Hyundai Motor Co and affiliate Kia Motors Corp will pay $41.2 million to resolve an investigation by 33 U.S. states over the their 2012 mileage restatements, state attorneys general said on Thursday. The Hyundai logo is seen outside a Hyundai car dealer in Golden, Colorado, November 3, 2014. REUTERS/Rick Wilking … Read more

Honda recalls 200,000 HVs in China = Market supervisory authority | Reuters

China’s State Administration for Market Supervision announced on the 29th that Honda will recall more than 200,000 hybrid vehicles (HVs). Photo: Dongfeng Honda Automobile’s Wuhan plant. Taken in April 2018. (2022 REUTERS/Aly Song) SHANGHAI, May 29 (Archyde.com) – China’s State Administration for Market Regulation said on Thursday that Honda will recall more than 200,000 hybrid … Read more