The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for ...
China’s SAIC expects its full-year profit to come in at between RMB 1.5 and RMB 1.9 billion in 2024, representing a plunge of ...
China has emerged as a global leader in NEV production and sales. Annual output and sales soared from fewer than 20,000 units in 2014 to over 12 million units in 2024, accounting for more than 60% of ...
A joint venture between China’s SAIC Motor Corp Ltd. and India’s JSW Group plans to roll out a plug-in hybrid car next year ...
Tesla's legal challenge is in response to the EU introducing tariffs at the end of October of 7.8 percent on Tesla's China-made vehicles. The bloc has also set tariffs of up to 35.3 percent on other ...
Nevertheless, China’s domestic economy remained sluggish overall last ... becoming the country’s largest vehicle ...
In the area of aftermarket services, SAIC Motor and CATL will look to co-develop new battery-swapping innovations and collaborate in the expansion of charging networks, in battery recycling and ...
Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
MG has returned to the South African market after exiting the country in 2016. The former British brand belongs to Shanghai giant SAIC Motor, which acquired it in 2007.
The EU Commission had imposed duty rates on Chinese-made EVs in a bid to encourage domestic manufacturing. Tesla was ...