VinFast Is Burning Through Its Founder’s Cash At An Alarming Rate
Good morning! It’s Friday, April 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
NEVS
PetroChina: rapid EV uptake means oil consumption for transport to peak by next year ‘at the latest’ in China
“We believe that China’s oil consumption will reach its peak before 2030 at 780 to 800 million tonnes per year,” said Wu Mouyuan, vice-president at CNPC Economics & Technology Research …
BYD’s annual earnings surge 81% to all-time high on record EV deliveries, warns of weak consumer demand and global headwinds
The Shenzhen-based carmaker, which counts Warren Buffett’s Berkshire Hathaway among its shareholders, said revenue climbed 42 per cent to 602.3 billion yuan in 2023 following record deliveries of new energy …
China’s electric vehicle infrastructure falls short, as Lunar New Year holiday woes of EV drivers in Hainan and elsewhere showed
However, the biggest problem for NEV drivers this Lunar New Year was the lack of charging stations. Chinese scientists produce a powerful winter-proof lithium battery This year, Xinhua estimated that …
The Emily GT Lives!
Photo: NEVS Before National Electric Vehicle Sweden, the Chinese company that bought Saab’s assets when the Swedish automaker went bankrupt, gave up on making cars, its engineers developed an electric …
The NEVS Emily GT Might Actually Go Into Production: Rumor
The automotive world has been missing out on Saab’s particular brand of weird cars for more than a decade. Since General Motors announced plans to shut Saab down, several companies …