The United States is on the verge of finalizing multiple trade agreements, according to Treasury Secretary Scott Bessent, who stated on Sunday that several major announcements are expected in the coming days. These developments come as a July 9 deadline looms, after which increased tariffs are set to take effect. Speaking in a televised interview, … Continue reading “U.S. Close to Major Trade Deals as July 9 Tariff Deadline Approaches”
Written by Electric Vehicles Magazine
China’s NIO (NYSE: NIO) crossed the 20K delivery threshold for the third straight month in July. Despite intensifying competition, NIO continues to see strong demand in the world’s largest EV market. NIO hits the 20K delivery threshold again in July 2024 NIO delivered 20,498 vehicles last month, its third straight month above the 20K mark. … Continue reading “NIO (NIO) crosses the 20,000 EV delivery mark for the third straight month in July”
Written by Electric Vehicles Magazine
BYD set a new sales record last month with over 342,000 new energy vehicles (NEVs) sold. Although BYD’s EV sales fell slightly in July, PHEVs continued building momentum after setting a new record for the fifth straight month. BYD breaks NEV sales record in July as EV sales slip China’s leading EV maker continued its … Continue reading “BYD sold a record 342K NEVs in July, but EV sales slipped”
Written by Electric Vehicles Magazine
If you’re seeing more Kia electric cars on the road, it’s not just you. The company set a new EV sales record in July as its first three-row electric SUV gains momentum. With new electrified models like the EV9, Kia is “confident that consumer interest in the Kia brand will continue to strengthen.” Revamping the … Continue reading “Kia ‘confident’ in brand growth after record-breaking EV sales in July, driven by the new EV9”