Porsche has broken away from parent Volkswagen Group's carbon pool and teamed up with China's Xpeng, reflecting growing pressure on mainstream automakers to comply with emissions standards...

German luxury carmaker Porsche reported global deliveries of 122,300 vehicles in the first half of 2026, down 16% from a year earlier, with sales in the China market remaining weak...

Germany's auto sector came under fresh scrutiny after a senior economist raised the possibility that BYD could one day acquire Volkswagen. The hypothetical remark quickly drew attention...

Volkswagen Group announced expanded layoffs and production cuts as it sought to secure net annual savings of ?6 billion by 2030, citing persistent pressure from geopolitical tensions,...

Amid weakening demand for electric vehicles (EV), German automaker Porsche is reportedly set to abandon in-house battery production efforts. As a result, its battery subsidiary Cellforce...

The future of luxury car electrification grows uncertain as brands like Maserati, Lamborghini, and Ferrari delay EV launches amid technical and identity challenges. Meanwhile, Chinese...

Xiaomi has previously leveraged the technical know-how of China's EV industry by packaging it into a sleek Porsche-like body at an affordable price with its SU7, and has followed the...

SuperAlloy Industrial downplayed concerns over new US tariffs during a press conference, stating that direct exports to the American market represent less than 10% of its revenue....

Some luxury car brands have found it difficult to adapt to vehicle electrification, such as Maserati and Porsche, both of which have seen sales dip.

The intense price competition among Chinese new energy vehicles has forced many automakers to adopt discounting as a survival strategy. Despite this challenging environment, Xiaomi...

Luxury automaker Porsche announced the potential early termination of CFO Lutz Meschke and sales executive Detlev von Platen. Industry sources indicate that Oliver Blume, CEO of both...

The European Union has imposed anti-subsidy tariffs on Chinese battery electric vehicles (BEVs), reaching nearly 50%, forcing NIO to consider aligning its prices with luxury automakers...

Xiaomi recently launched the luxury all-electric sports car model SU7 Ultra, priced at approximately US$114,000. The company claims that the SU7 Ultra will become the world's fastest...

Disappointing demand growth, uncertainties surrounding the upcoming US presidential election, and government policy changes have slowed the adoption of electric vehicles (EV), according...