Favorable Model Cycle for Geely as Zeekr Remains Investors' Key Focus
Geely enjoys solid financial health by having a close to debt-free balance sheet. The company had about CNY 35.7 billion in cash and equivalents on its balance sheet and carried a very conservative ...
The Information17m
EV Shares Fall on Report That Trump Seeks End to Tax Credits
Shares of electric vehicle companies including Tesla fell Thursday after a report that the incoming Trump administration hopes to end $7,500 consumer tax credits on the purchase of EVs. Tesla shares ...
Hertz To Offload 30,000 More EVs, Flooding The Used Car Market
Rental company lost $1.3 billion in Q3 and took a $1 billion impairment charge due in large part to the heavy depreciation suffered by its electric car fleet ...
CarExpert.com.au on MSN34m
Donald Trump to axe US EV incentives – report
Despite being close to Tesla CEO Elon Musk, incoming US President Donald Trump is set to scrap the nation's electric vehicle ...
Trump to kill EV tax credit, ‘devastating’ industry
Ending the dollar incentive to buy EVs could have grave implications for an already stalling US green transition. But it ...
Geely to reorganise Zeekr, Lynk units as founder, investors extract US$2 billion
Li Shufu, the billionaire who controls one of China’s biggest electric vehicle (EV) makers, is consolidating his business ...
Why Rivian Stock Dropped Thursday
Rivian Automotive (NASDAQ: RIVN) stock is hitting the brakes today after it spiked nearly 14% yesterday. When initially ...
100,000 EVs Later, Xiaomi’s CEO Fancies Himself As China’s Elon Musk
Chinese billionaire Lei Jun was photographed sleeping on the factory floor, referencing Elon Musk. The founder and CEO of ...