Tag: drop

Porsche mulls new ICE Macan amid drop in brand’s sales

While the primary focus for extending ICE production has been the Cayenne, sources within Porsche suggest that a…

BMW Group 2024 sales dragged down by China drop

The BMW Group faced challenges in 2024, with delivery stops due to Integrated Brake System (IBS) issues and…

Tesla sales drop globally, but company grew 9% in China to record-breaking 657,000 EVs

Tesla achieved record-breaking sales in China in December, selling approximately 83,000 electric vehicles (EVs), which is an 18.9%…

Tesla Nov sales in China highest so far this year, as Giga Shanghai exports drop to over 2-year low

Tesla achieved a significant milestone in China in November by selling 73,490 vehicles, marking its highest month of…

BYD and SAIC pressure suppliers to drop prices by 10% in ongoing price war

BYD and SAIC Push Suppliers to Reduce Prices for 2025 Recent reports have surfaced indicating that both BYD…

VW Anhui to reportedly drop use of MEB architecture in favor of one built with Xpeng

Volkswagen Anhui, a Chinese joint venture majority-owned by German carmaker Volkswagen, has decided to make a significant change…

Solid-State Batteries Enter Pilot Production, Costs Expected to Drop to CNY 0.6–0.7/Wh by 2035, Says TrendForce

Solid-state batteries (SSBs) have been gaining significant traction in the global market, with major manufacturers like Toyota, Nissan,…

CATL sees revenue drop YoY in Q3 2024, but net profit jumps

CATL Reports Decrease in Revenue but Increase in Net Profit in Q3 2024 Chinese battery giant CATL recently…