Britain seeking auto investments from Chinese carmakers

UAW push to organize Tesla (TSLA) and non-union auto sector

The United Auto Workers (UAW) union announced Wednesday their plan to unionize electric vehicle maker, Tesla (NASDAQ: TSLA) as well as the entirety of the nonunion auto industry in the United States.

This move follows the unions successful negotiation of new contracts with the Detroit Three automakers.

UAW revealed that employees from 13 nonunion automakers have launched coordinated campaigns nationwide to join the union.

These efforts encompass companies such as Tesla, Toyota (NYSE:... More

Stellantis (STLA) CEO concerned 2024 elections may slow EV sales

Stellantis (NYSE: STLA) CEO Carlos Tavares on Wednesday, expressed concerns about the upcoming major elections in the U.S. and the United Kingdom (UK) in 2024, cautioning that the political landscapes might influence the market for electric vehicles (EVs).

During a press conference at Stellantiss Mirafiori plant in Italy, Tavares expressed concerns about a potential deceleration in the adoption of electric vehicles.

He emphasized the risk of a shift in... More

Nio (NIO) teams with Geely to advance battery swapping in EVs

Chinese automakers Nio (NYSE: NIO) and Zhejiang Geely Holding Group, on Wednesday, announced a strategic partnership agreement focused on battery swapping.

This collaboration between the automakers involves joint efforts in setting standards, advancing technology, and developing models.

Geely, known for its diverse brands like Volvo and Zeekr, becomes the second automaker to... More

Fiat to auction unique Fiat 500e EVs at Basel Miami Beach event

Stellantis-owned (NYSE: STLA) Fiat auto announced Tuesday that the Italian carmaker will take center stage at Art Basel Miami Beach 2023 on December 7th, where the automaker will auction off three unique Fiat 500e electric cars.

The three Fiat 500e EVs, created in partnership with renowned Italian brands Armani, Bvlgari, and Kartell, will be showcased and auctioned at an undisclosed location. The proceeds from this auction will support a yet-to-be-disclosed nonprofit... More

Lancia expands Stellantis (STLA) brand in Europe with Ypsilon EV

Lancia, a subsidiary of FCA Italy, a Stellantis (NYSE: STLA) division, will expand beyond Italy in Freruary when the carmaker launches their third generation Ypsilon.

The small vehicle will start with a limited edition full-electric variant. The limited 1,906 units will lead the brand as the first... More

BYD launches flagship Han sedan in UAE

Chinese electric car manufacturer BYD announced Friday the debut of its premier Han sedan in the United Arab Emirates this week.

Additionally, BYD's local website indicates the availability of its ATTO 3 model for purchase in the UAE.

This development signifies a continued effort by Chinese enterprises to... More