Hyundai raises prices across all models, excluding EVs
Price hike follows imposition of new taxes and NEV adoption levy in federal budget
Dewan Farooque Motors completes assembly of 300 electric vehicles under toll manufacturing agreement
Company says assembled electric vehicles have been handed over to Eco-Green Motors Limited for delivery to customers
Master Changan raises car prices across all models
The new pricing includes increases ranging from Rs45,000 to Rs200,000, depending on the model
EV makers raise concerns over charging infrastructure and high costs
Industry representatives stress the need for charging infrastructure along highways and motorways to support sector growth
China drafts new rules after assisted-driving system crash
New rules will focus on ensuring systems can monitor a driver’s alertness and ability to retake control quickly
U.S. to phase out $7,500 electric vehicle credit by end of September
Harvard study finds that ending the credits lowers EV adoption by 6 percent by 2030 and saves the government $169 billion over ten years
German vehicle shipments to U.S. drop 13% in April, 25% in May
A total of 64,300 vehicles are shipped to the U.S. during those two months
Tesla sales in Germany fall 60 percent in June
The decline comes despite a rise in overall battery electric vehicle registrations, which grew 8.6 percent during the same month
Xiaomi to consider EV exports starting in 2027
The company plans to focus on meeting strong demand in its domestic market until then
Chinese automaker Changan plans European factory to support EV sales
Changan sold 600,000 vehicles outside China last year and aims to increase that number to 1 million in 2024, executive says
BYD’s off-road brand Fangchengbao offers new discount on Huawei smart driving tech
The price of Huawei’s Qiankun Intelligent Driving High-end Function Package is 12,000 yuan, down from the usual 32,000 yuan
United Auto raises motorcycle prices as new taxes take effect
New prices for United Motorcycles range from Rs 111,000 to Rs 299,000
Pak Suzuki increases car prices by up to Rs186,000
Company cites new NEV levy and sales tax hikes push up costs
Tesla breaks eight-month losing streak but quarterly China sales keep falling
Sales of Model 3 and Model Y from Shanghai factory, including domestic and export markets, increase 16.1% from May to 71,599 units
Volvo global sales fall 12% in June as electric vehicle deliveries drop 26%
In regional markets, June sales in Europe decline 14%, while sales in the U.S. and China drop 7% and 3%, respectively