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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

Back in September, the EU launched an investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the EU. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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Airlines Hoping for More Boeing Jets Could Be Waiting Awhile

Baua Electric

A surge in the cost of jet fuel after Russia invaded Ukraine also hurt profits. The post Airlines Hoping for More Boeing Jets Could Be Waiting Awhile appeared first on Bauaelectric Auto News. Many airline executives are now assessing how the F.A.A. order would affect plans for their fleets for the next decade — or longer.

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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

As people have seen the EV adoption rate globally is under pressure and a lot of other auto manufacturers are pulling back on EVs and pursuing plugin hybrids instead. It’s important to acknowledge what Elon said, from our auto business perspective. Auto margins declined from 18.9 So we’re doing well.

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