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Chinese electric vehicle manufacturer BYD surpassed Tesla in battery-electric vehicle (BEV) sales across Europe for the first time, signaling a notable shift in the region’s EV market dynamics.
However, financial headwinds persisted, with net profit dropping over a third to 7.68 billion euros in 2024, largely due to sluggish sales in China and Germany. Despite these challenges, BMW is ...
Germany is in trouble. And not just with its auto industry. What has long been Europe's economic powerhouse has seen two ...
Formerly called DFSK Motor, Seres partnered with technology giant Huawei in 2021 to launch the Aito brand of premium electric ...
Aito, which is backed by Huawei, sold more luxury vehicles in China last year than BMW and Mercedes, with its flagship M9 SUV proving popular.
But that's not the case for BMW, said Johann ... province and learn about the challenges they face. The panel of experts offer advice and the carmaker funds some of the inheritors to learn, at a ...
Seres Group’s Aito brand has tripled its sales in three years and outsells every Western automaker in the Chinese luxury ...
Aito’s flagship models are “reshaping the luxury car market in China,” Seres Chairman Zhang Xinghai said at the Shanghai auto show in April ...
Formerly called DFSK Motor, Seres partnered with telecommunications giant Huawei Technologies Co. back in 2021 to launch the ...
A LUXURY carmaker is reportedly blaming EVs for the challenges it has been facing. Reporting of recent struggles comes as the ...
Electrification was and is the tsunami that eclipsed autonomous driving as the next big wave in the automotive industry.