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BYD targets more than 2.5 million vehicle exports in 2027, brokerages say
6+ day, 5+ hour ago (258+ words) BEIJING, Sept 8 (Reuters) – Chinese electric vehicle maker BYD expects overseas shipments to exceed 2.5 million vehicles in 2027, two major brokerages said on Tuesday, citing a group meeting with company management. BYD did not immediately respond to a request for comment. • The…...
BYD’s sales extend growth streak on strong exports
1+ week, 6+ day ago (239+ words) BEIJING, Sept 1 (Reuters) – Chinese electric vehicle maker BYD reported rising global sales for the fourth straight month, as robust exports continued to cushion the impact of sluggish domestic demand. Total sales climbed 17.8% from a year earlier to 440,293 vehicles in August,…...
Spain’s PLD Space adds $125 million to its latest funding round
1+ week, 6+ day ago (187+ words) Sept 1 (Reuters) – Aerospace engineering firm PLD Space said on Tuesday it had extended its equity funding round by €108 million ($125 million), bringing the round’s total to €288 million. The company’s cumulative funding stands at €488 million, as it seeks to boost its capacity…...
Honda, Nissan target FY2029 roll-out for jointly developed vehicle software, control units
2+ week, 6+ hour ago (118+ words) TOKYO, Aug 31 (Reuters) - Japanese automakers Nissan and Honda said on Monday they will jointly develop standardised electronic control units of software-defined vehicles and in-vehicle operating systems. The companies plan to equip next-gen... TOKYO, Aug 31 (Reuters) â Japanese automakers âNissan…...
Explainer-What is Radiant World and why is it in the news?
2+ week, 3+ day ago (575+ words) LONDON, Aug 28 (Reuters) – Commodity trader Radiant World is under scrutiny as counterparties have stopped doing business with it following news that authorities are investigating a report it provided invalid documents to banks. Radiant has called the claims inaccurate and unsubstantiated,…...
Tesla raises prices of Cybertrucks in the US
2+ week, 6+ day ago (106+ words) Aug 25 (Reuters) - Tesla raised the prices of some of its Cybertruck pickup trucks in the United States on Tuesday, according to its website. The company increased the price of its Cybertruck dual motor and premium all-wheel drive by $5... Tesla raises…...
Trading Day: Tech, tariffs & Treasuries
2+ week, 6+ day ago (463+ words) ORLANDO, Florida, Aug 24 (Reuters) – U.S. bond yields fell and tech weighed on U.S. stocks on Monday, as investors digested a raft of economic measures and developments coming out of Washington: U.S. Treasury’s plans to increase buybacks of long-dated bonds, new…...
High oil prices, subsidies and affordable models rev up European EV sales
3+ week, 10+ hour ago (645+ words) LETCHWORTH, England, Aug 24 (Reuters) – Electric vehicle sales accelerated across much of Europe in July, as high oil prices, subsidies and availability of more affordable models encouraged consumers to ditch their combustion-engine cars, data provided to Reuters showed. EV sales have…...
China drove global electric truck, bus sales above half a million in 2025
3+ week, 4+ day ago (175+ words) Aug 20 (Reuters) – Sales of electric trucks and buses nearly doubled globally in 2025, data from research organization the International Council on Clean Transportation showed in a report published on Thursday. China drove most of the growth and other markets such as…...
Einride to deploy 500 Tesla electric trucks for North American fleet
3+ week, 6+ day ago (193+ words) Aug 18 (Reuters) – Einride AB said on Tuesday it plans to deploy 500 Tesla trucks across its North American operations over the next two years, in what would be the largest rollout of heavy-duty electric vehicles to date. The Sweden-based freight technology…...