Electric vehicles
Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers
SP Group and Huawei introduce Singapore’s fastest EV charger with battery storage
It is rated for a maximum power of 480 kW and can add 200 km of range in five minutes for compatible vehicles
BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18
BYD shifts to local parts in Brazil factory in bid for market leadership
Since October, the automaker has produced about 25,000 cars at the industrial complex
BYD extends German car sales lead over Tesla with 1,000% surge
Chinese-owned brands MG, Leapmotor and Xpeng have for months expanded in Europe amid a bruising EV price war at home
Tesla’s China-made EV sales extend gains despite industry slowdown
Deliveries of Model 3 and Model Y made at Shanghai plant are up 9.3% from a year-ago period
Vicom sets up S$60 million integrated hub to adapt to EVs, complex industrial testing needs
The five-storey facility consolidates vehicle inspection and non-vehicle testing services in one location
EU proposals set to limit EV sales from 2035, says campaign group
The EU’s biggest retreat from its green policies in years has met with criticism
China bans hidden car door handles in world-first safety policy
Tesla’s doors are already the target of a safety probe in the US
BYD leads Chinese automaker sell-off on weakening sales
The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown
