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Chinese EV startup Xpeng delivers over 30,000 cars for a fourth month newsthirst.

The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025. CFOTO/Future Publishing via Getty Images Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth-straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market. Xpeng delivered 30,453 cars last month, including…

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Volvo Cars hikes 2024 profit as it considers relocation due to tariffs newsthirst.

Sweden’s Volvo Cars on Thursday reported a 12% rise in full-year operating income and record revenue, but warned of severe market challenges ahead from intensifying electric vehicle competition and global tariffs. The automaker, which is majority-owned by China’s Geely Holding, said operating income came in at 22.3 billion Swedish kronor ($2.04 billion) in 2024 amid an…

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