News
Tesla’s quarterly deliveries fall more than expected on lower EV demand
3+ hour, 24+ min ago (501+ words) Jan 2 (Reuters) " Tesla reported a bigger-than-expected fall in fourth-quarter deliveries on Friday and posted a second straight decline in annual sales, as it struggled to whip up demand for its electric vehicles following the withdrawal of tax credits. The tally…...
Exclusive-Hyundai not in a position to buy back Russian auto factory, source says
4+ day, 18+ hour ago (683+ words) By Hyunjoo Jin, Heejin Kim and Gleb Stolyarov SEOUL/MOSCOW, Dec 29 (Reuters) " South Korean automaker Hyundai is not in a position to repurchase its former manufacturing plant in Russia due to the continuing war in Ukraine, a source familiar with…...
China’s Leapmotor targets annual sales of more than 4 million units in a decade
5+ day, 35+ min ago (357+ words) HANGZHOU, Dec 29 (Reuters) " Chinese electric vehicle (EV) maker Leapmotor expects to sell more than 4 million vehicles a year within the next decade, CEO Zhu Jiangming said on Monday. Leapmotor aims to sell 1 "million cars in 2026, supported by a global expansion…...