#electric vehicles

#electric vehicles

In China's cut-throat domestic market, nearly every big carmaker is investing heavily in the software and computing power needed to make hands-free driving a reality as they compete to offer additional perks and find new ways to generate revenue.

Shares of Lucid Group are down roughly 10% in midday trading Thursday, slipping to $6.22 from a prior close of $6.91, putting the struggling EV maker's market capitalization at roughly $2.31 billion.

"Interest has been above our planned order intake, higher than planned, so at least we know we have the customers; the challenge is now on delivering, not selling," Samuelsson said.

Younger buyers in China, who once viewed German brands as top-tier, now see them as 'brands for the parents,' indicating a significant shift in consumer perception.

The third-generation Shenxing battery can be charged from 10% to nearly full in less than 7 minutes, showcasing ultra-fast charging capabilities that surpass competitors.

The Society of Motor Manufacturers and Traders is calling for UK-built vehicles, components and batteries to be granted equivalent status to EU-made products under the proposed 'Made in Europe' framework, arguing that the current draft risks undermining a deeply integrated cross-border industry.

The event features approximately 40 vehicles alongside a conference program addressing topics such as autonomous driving, on-demand transport and operational concepts, including a Sustainable Bus session on intercity bus electrification.