Tax exemptions and cost savings draw more to EVs, but affordability is restricted by high floor price. Read more at ...

Global electric car sales Dec. 2024 up 23% YoY to 30% share. China sales up 46% to 53% share. Europe up 4% to 28% share. USA ...

Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...

The auto industry is entering 2025 facing continued challenges from weaker demand for electric vehicles and increasing competition from lower-cost Chinese EV makers. Rowan said on a call Thursday that ...

We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...

Volvo Cars, a subsidiary of Zhejiang Geely, announced its results for 4Q24. The quarterly net profit sank 19.5% YoY to SEK2.503 billion. Basic EPS was SEK0.84. The operating profit... Volvo Cars, a ...

Swedish brand Volvo, owned by Chinese conglomerate Geely, saw its sales rise nearly 30% in the EU last year, driven by the ...

Georgia’s trade and investment ties with Sweden sustain 11,775 jobs, according to a recent report by the Scandinavian ...

China’s electric vehicle makers enjoyed a busy January as the extension of trade-in subsidies helped underpin sales during ...

TESLA, along with BMW, Mercedes-Benz and a group of Chinese car manufacturers, has started legal action against the European Union (EU) over tariffs imposed on Chinese-made electric vehicles (EVs), ...

Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean ...

When looking at the overall car market, the Model Y finished in fourth and the Model 3 landed in 27th spot. The best-selling ...