China's Late-Year EV Sales Boom Gives Way to Rocky 2025
Financial Express Delhi|January 03, 2025
CHINESE ELECTRIC VEHICLE makers led by BYD saw a late-2024 sales boom that's set to give way to another bruising year as carmakers face risks to demand both at home and abroad.
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Industry heavyweight BYD shipped a record 4.27 million EVs and plug-in hybrids last year. Meanwhile, Li Auto delivered more than 500,000 cars, and Stellantis NV partner Leapmotor doubled sales to more than 293,700.

Other popular marques, including Nio and Xpeng, fell short of their targets despite the end-of-year pick up in demand. Zhejiang Geely Holding Group's premium electric car brand Zeekr saw sales climb 87% to 222,123 last year, missing its 230,000 goal.

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Denne historien er fra January 03, 2025-utgaven av Financial Express Delhi.

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Financial Express Delhi

Golden Globes: The Brutalist, Emilia Perez grab top honours

THE BRUTALIST, THE story of a Holocaust survivor who chases the American dream, and musical thriller Emilia Perez took home the first major movie honours of Hollywood's awards season at the Golden Globes.

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January 07, 2025
Financial Express Delhi

Top IITs see a drop in campus placements

● More students likely getting jobs independently

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January 07, 2025
Financial Express Delhi

ICC explores two-tier Test cricket system

ICC chief Jay Shah will meet Cricket Australia chair Mike Baird and his England counterpart Richard Thompson to discuss the finer points

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January 07, 2025
Financial Express Delhi

US set to lift curbs on Indian nuclear entities

EYEING DEEPER ENERGY TIES

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January 07, 2025
Financial Express Delhi

D-Street catches flu

HEADWINDS FOR MARKETS at the start of the year include higher US 10-year yields and a stronger dollar, the potential imposition of additional US tariffs on Asia-Pacific economies, and elevated economic policy uncertainty and geopolitical risk, Goldman Sachs strategists said in a note while trimming the MSCI Asia Pacific ex-Japan index's target to 620 from 630, as per a Bloomberg report.

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1 min  |
January 07, 2025
Financial Express Delhi

Consent manager framework: A key Big Tech concern

CONSENT MANAGERS MUST meet stringent registration criteria, including being based in India with a minimum net worth of ₹2 crore and implementing robust security measures to prevent data breaches.

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1 min  |
January 07, 2025
Financial Express Delhi

Q-comm boost to gig worker hiring in 2025

THE HIRING BOOM will be driven by the expansion of dark stores, fuelled by new entrants and increased investments from established players.

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1 min  |
January 07, 2025
Financial Express Delhi

Eight jawans among 9 killed in Naxal attack

IN THEIR BIGGEST strike on security forces in Chhattisgarh in two years, Naxals blew up a vehicle using an improvised explosive device weighing 60 to 70 kg, killing eight security personnel and their civilian driver in Bijapur district on Monday, police said.

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1 min  |
January 07, 2025
Financial Express Delhi

Banks: Slower loan growth a worry

Asset quality concerns ease

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2 mins  |
January 07, 2025
Financial Express Delhi

Cautious outlook for auto companies in Q3

● No segment shows growth except tractors

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January 07, 2025