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Polestar's Global Sales Rise 7% in Q1, Driven by Europe, Australia and South Korea
3+ hour, 34+ min ago (858+ words) Polestar said on Thursday that first-quarter retail sales rose 7% to an estimated 13, 126 vehicles " a record for the period " even as the Geely-backed EV maker entered the year with a significantly reduced growth outlook. CEO Michael Lohscheller cited Australia, Germany, Sweden,…...
Nio Unveils China's Biggest Electric SUV ES9, With Pre-Sale Starting at $77, 200
39+ min ago (1344+ words) Electric vehicle maker Nio unveiled its new flagship ES9 on Thursday, the largest model the Group has ever produced and now China's largest fully electric SUV. The six-seat model takes over from the ES8 as the Shanghai-based brand's flagship SUV, targeting the…...
China's Auto Market to "Continue Slow Recovery' in April, CPCA Says
3+ hour, 12+ min ago (1383+ words) China's passenger vehicle market is expected to extend a "slow recovery" through April, the China Passenger Car Association (CPCA) said on Thursday. In March, both sales and production bounced back from February's holiday-driven slowdown " which the association previously described as…...
Tesla Working on Smaller, Cheaper SUV: Report
4+ hour, 21+ min ago (727+ words) Tesla is developing an all-new compact electric SUV significantly smaller and cheaper than the Model Y, according to a Reuters exclusive published on Thursday citing four people familiar with the matter. The vehicle " approximately 4. 28 metres long, about half a metre…...
Lucid CEO Says Cosmos Bill of Materials Is Cheaper Than Chinese Rivals
4+ hour, 20+ min ago (1106+ words) Lucid Motors has claimed that the bill of materials for its upcoming Cosmos midsize SUV undercuts a leading American competitor but also a comparable Chinese-built crossover utility vehicle (CUV). The claim, made by interim CEO Marc Winterhoff and supported by…...
How Canada's Finance Chief Went From Criticizing to Welcoming Chinese EVs
21+ hour, 5+ min ago (1450+ words) Fran'ois-Philippe Champagne told Canadians in May 2024 that the country would "never" serve as a backdoor for Chinese EVs into North America. He repeated the pledge in August, October, December, and again in March 2025. Eighteen months later, as Canada's Finance Minister,…...
Canadian Auto Body Calls BYD Labor Reports From Brazil and Hungary "Deeply Concerning
23+ hour, 36+ min ago (1659+ words) Canada's auto manufacturing lobby has seized on fresh forced labor allegations against BYD to renew its push against the Chinese automaker's entry into the country. Days after Brazilian authorities added the company to a government blacklist over "slavery-like" labor conditions,…...
Kia Sets UK Sales Record in March, Ranks No. 3 With Nearly 21, 000 Vehicles Sold
22+ hour, 3+ min ago (883+ words) Kia achieved its best-ever monthly sales in the UK in March, the country chief of the South Korean automaker said on Wednesday. Paul Philpott announced the milestone in a Linked In post, stating that the brand sold 20, 862 vehicles last month…...
Majority of Canadian EV Buyers Would Consider a Chinese Brand, Survey Finds
23+ hour, 55+ min ago (1133+ words) Nearly a third of Canadians are open to buying an EV, but high sticker prices remain the biggest barrier to adoption, according to a survey published by Canadian financial comparison platform Rates. The study was conducted six weeks after Canadian…...
Musk Mocks JPMorgan's 2018 Sell Rating as Tesla Shares Soar 1, 700% Since
1+ day, 2+ hour ago (1633+ words) Tesla CEO Elon Musk responded on Tuesday to a post on X recalling an eight-year-old JPMorgan sell recommendation, commenting "lol" on the bank's original warning that a wave of German luxury EVs would erode Tesla's market position. The comment comes…...
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