Geely-backed luxury EV brand Zeekr says it's beating Tesla in parts of China
EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.
Source: cnbc.com
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Ford Q1 earnings beat, rosy 2024 outlook, cost discipline welcome news
Ford’s results show it is off to a solid start to the year.
Source: cnbc.com
China's Xiaomi is selling so many electric cars it's closer to breaking even
Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.
Source: cnbc.com
Elon Musk Tesla's entry into India EV market is 'good news': MG Motor India
India's EV sector still lacks competition, but entry from international automakers like Tesla will level the playing field, MG Motor India's CEO Emeritus.
Source: cnbc.com
Volvo Cars core operating profits rise in first quarter on higher retail sales
Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales.
Source: cnbc.com