Keywords: Electric vehicles


Volkswagen reports sharp profit decline as China weakness and one-off costs weigh on earnings

German automaker Volkswagen posted a steep decline in second-quarter earnings after weaker sales in China and significant one-off charges weighed heavily on its financial performance. The disappointing results underline the mounting challenges facing one of Europe's largest car manufacturers as global......

New car registrations in the European Union rise 5.7% in the first half of 2026

New car registrations across the European Union increased by 5.7% during the first six months of 2026, according to data released by the European Automobile Manufacturers' Association (ACEA), reflecting continued growth in demand for electrified vehicles. Hybrid cars remained the most popular powertrain......

Alphabet and Tesla shares tumble on Wall Street after quarterly results

Shares of two of the world's most closely watched technology companies, Alphabet and Tesla, came under heavy pressure on Thursday as investors reacted sharply to their latest quarterly results and outlooks. Alphabet, the parent company of Google, suffered a significant decline at the start of trading,......

France blocks Tesla’s supervised autonomous driving system over safety concerns

France has decided not to authorize Tesla’s Full Self-Driving (FSD) system for the time being, citing unresolved safety concerns surrounding the deployment of advanced driver-assistance technologies on public roads. Transport Minister Philippe Tabarot confirmed that the French government was not......

Elon Musk fuels speculation over potential Tesla and SpaceX merger

Fresh comments from Elon Musk have reignited speculation that Tesla and SpaceX could eventually be brought together under a single corporate structure, although the billionaire stopped short of confirming that any formal merger is under consideration. Speaking during Tesla's latest earnings conference......

Ford partners with China’s Geely to create European vehicle production venture in Spain

Ford is preparing to transform its Valencia manufacturing facility in Spain into the foundation of a new European-focused joint venture with Chinese automaker Geely, marking a strategic shift in the American group’s industrial approach. The partnership will allow Geely to produce vehicles at Ford’s......

Renault posts stable first-half vehicle sales as electric R5 strengthens European position

Renault delivered nearly 1.2 million vehicles worldwide during the first six months of 2026, reporting broadly stable sales despite softer demand in its core European market, while highlighting the growing commercial success of its latest electric models. The French automaker recorded a 0.4% year-on-year......

Global trade continues to expand despite rising price pressures, UNCTAD says

Global trade maintained its growth momentum during the first half of 2026, supported largely by strong demand for high-technology products and services, according to the latest Global Trade Update published by the United Nations Conference on Trade and Development (UNCTAD). The report estimates that......

US Senate advances bill targeting Chinese automakers and foreign ownership risks

The US Senate Commerce Committee has approved legislation aimed at tightening restrictions on Chinese automotive companies operating in the American market, a move that could also affect global carmakers with significant Chinese ownership ties. The proposed measure seeks to strengthen existing limits......