EU trade chief says the outcome of China EV probe cannot be prejudged
BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the probe's outcome, the head of trade for the…
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Autos
Carousell says it’s ‘on track’ to profitability, plans to reduce losses this year
Secondhand goods marketplace Carousell expects to "healthily" reduce its losses this year, putting it on track to profitability, the firm's CEO told CNBC."This year, we continue to…
Nissan says all new models launched in Europe will be fully electric
The "Nissan Ariya" electric SUV.Anadolu Agency | Anadolu Agency | Getty ImagesJapanese carmarker Nissan announced Monday that all new models it launches in Europe will be fully…
Indonesia’s EV ambitions could help boost investments in the rest of Southeast Asia
Korean automobile manufacturer Kia displays the electric vehicle "EV6 GT-Line" during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023.Yasuyoshi…
Europe is ‘very far’ from imposing new duties on Chinese EVs despite ongoing probe, top official says
The European Union is "very far" from imposing new tariffs on Chinese electric cars, a top official told CNBC, just days after the bloc launched an investigation into subsidies…
China’s capital city is letting the public take fully driverless robotaxis — and has bigger rollout plans, startup…
Baidu's Apollo Go robotaxi, on the right, operates in the Yizhuang suburban district of Beijing alongside Pony.ai's version. The two vehicles are pictured here in November 2021…
Elon Musk says Twitter, now X, is moving to small monthly subscription and has 550 million users
Elon Musk discussed his plans for Twitter, now called X, on Monday during a livestreamed conversation with Israeli Prime Minister Benjamin Netanyahu. Among other things, Musk said…
European Union launches anti-subsidy probe into Chinese EVs
China's automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China's exports overall, Bernstein analysts found.Yi Fan | Visual China…
In ‘shift,’ some car shoppers shun top-of-the-line models, analyst says. How to find an inexpensive new…
Used car sales are soaring all over the U.S., and companies from Autonation to CarMax, Carvana and Buffalo, New York-based used car start-up ACV Auctions are benefitting.Patrick T.…
Tesla shares soar 10% after Morgan Stanley upgrade
SHANGHAI, CHINA - SEPTEMBER 06: Aerial view of Tesla vehicles waiting to be loaded on board a roll-on-roll-off cargo vessel at Nangang port on September 6, 2023 in Shanghai, China.…