Electric Vehicles

Factory utilization for new energy vehicles has dropped to 50%, far below the breakeven point.

Chery’s chairman has promised a surge of electric vehicle models over the next 20 months, hinting at an ambitious expansion.

Despite the recent success of the iCar 03, Chery still has more ground to cover if it intends to catch up with its NEV competitors.

The smartphone maker hopes to turn the ‘Apple Car’ idea into reality.

The Chinese automaker is banking on the new brand to change its fortunes in the NEV market.

Weaker earnings spotlight the state players’ overreliance on the likes of Nissan and Honda.

Recent developments in electric charging and seafaring may contribute to the island city-state’s aspirations of achieving net zero emissions.

The joint venture plans to start production for ride hailing in 2025.