Every year, billions of euros are spent in Germany to subsidize polluting company cars running on internal combustion engines. The state funds seem to be slowing the transition to electric mobility.
BYD’s Seal U Comfort model sells for the equivalent of 21,769 euros ($23,370) in China but 41,990 euros ($45,078) in Europe, ...
Every year, billions of euros are spent in Germany to subsidize polluting company cars running on internal combustion engines ...
Will Germany forget how to make cars? Only a few years ago the question would have sounded preposterous. After this week, you have to wonder. American voters in particular should be asking ...
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
Electric vehicles need batteries, and most batteries are made with lithium, a critical material European automakers are ...
China’s state-backed EV giants like BYD are driving Volkswagen into a corner with aggressive pricing and political challenges ...
Study predicting huge job losses in German car industry comes as VW demands workers take 10 percent pay cut to save their own ...
Will Germany forget how to make cars? Only a few years ago the question would have sounded preposterous. After this week, you ...
German companies failed to make EVs their "focus" and are now losing out to rivals such as Tesla and BYD that can build and sell electric cars more cheaply. "They missed the chance to get the cost ...
A political crisis at home threatens further pain for Germany's car, banking and energy industries, as they grapple with an ...
Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...