EU rebuffs minimum price pledge from China's EV exporters

Many car buyers are unsure if they would purchase a vehicle over the internet, highlighting the significant gap between online research and purchase behavior, showcasing the need for a strong retargeting strategy to bridge that gap.

General Motors and Hyundai will explore cooperation in everything from passenger and commercial vehicles to electric cars and raw materials under a sweeping agreement that aims to improve efficiencies, slash costs and reach bigger economies of scale.

Magna is delaying plans for a potential North American vehicle assembly plant as the supplier signals a more cautious approach to its contract manufacturing business.

Dealers also urged the CEO to spend more money to clear old inventory off their lots.

Nicolas Appelgren, Europe CEO for Geely's Lynk & Co brand, said Geely was scouting for locations across the region.

Insufficient water protection in the 2021-24 Volkswagen ID4 handles could cause the door to fly open while the vehicle is moving because of circuit board malfunctions.

The new battery, dubbed Solstice, should reduce overall costs and extend an EV's range about 80 percent above today's average, the companies said.

Lynk & CO says its second EV in Europe will be made in the region, with parent Geely already scouting locations for a plant.

Spanish Prime Minister Pedro Sanchez said the European Union does not need a trade war with Beijing.

VW has canceled several agreements linked to a three-decades-old pact that was supposed to safeguard employment until 2029.