China Luxury-Car Slump Strains European Automakers
#china #luxury_cars #automotive_industry #ev
China's luxury-car demand cools as local rivals win on tech and price, squeezing European brands.
#china #luxury_cars #automotive_industry #ev
China's luxury-car demand cools as local rivals win on tech and price, squeezing European brands.
#ev #electric_vehicles #policy #adoption #infrastructure
EV sales surged before credit deadlines as policy uncertainty lingered, with 23% global adoption and China-led production.
#gm #ev #automotive_industry #industry_shifts #business_strategy
GM's $1.6B charge signals a pivot in its EV strategy, with Ford recalibrating its own electric roadmap amid industry shifts.
#gm #ev #electrification #automotive
GM faces a $6B setback as it scales back aggressive EV plans amid weaker demand and fading tax credits.
Proposed budget cuts may hinder the US Postal Service's plans to transition to electric vehicles, impacting the environment and economy.