As China and the EU continue to try to resolve bilateral trade friction over additional tariffs on Chinese imported electric ...

Most of the cuts come in Germany, which ended its EV subsidies last year. EV sales have dropped 28% so far this year.

The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...

FREE TO READ] Governments, carmakers and investors must recraft the region’s strategy after the fall of the Swedish group ...

The job cuts will mostly affect Germany and the UK. They follow "significant losses" in Ford's passenger vehicle operations ...

Ford continues restructuring in Europe as EV losses mount and competition intensifies. Should investors reconsider their ...

A slew of new models set to be all-electric may have gas or hybrid powertrains, as Porsche responds to slowing growth in the ...

Porsche is reconsidering its plans for the electric Cayenne and Panamera, and will aim at building a space for EVs and ICEs ...

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

Brussels and Beijing might come to an agreement after all, with Chinese carmakers ready to offer their electric cars in ...

Ford plans to cut another 4,000 jobs in Europe by the end of 2027 as part of its restructuring. The company blamed the “weak ...

The global switch from the internal combustion engine to EVs, speeded by climate change targets, is wreaking havoc for car ...