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Tesla shares fell more than 8% in pre-market trade in the U.S. after it reported second-quarter earnings that missed expectations.

Foreign carmakers in China face ‘increasingly precarious’ position, consultancy says

New tariffs on Chinese EVs don't help foreign automakers stay competitive, especially in the lucrative China market, says business consultancy

Tesla is reportedly pushing back the unveiling of its self-driving taxi to October from August. Source link

BYD Strikes $1 Billion Deal to Open Massive EV Factory in Turkey, Challenging Tesla’s European Dominance InsideNoVa Source link

INCENTIVES The land that was previously allocated for Volkswagen in Manisa in the north of the Western porty city of

BYD to build $1 billion plant in Turkey, boosting the Chinese EV maker’s access to the EU as higher tariffs

Europe on Thursday confirmed tariff increases on electric vehicles imported from China to the continent with automakers criticizing the move.

Electric vehicle deliveries increased 40% compared to a year earlier to 21,930 units. Still, EVs made up only 3.2% of

CAIRO Egyptian Prime Minister Mostafa Madbouly announced Sunday that his country has signed 35 agreements and memoranda of understanding worth