China's EVs Force Foreign Auto Makers to Catch Up

SHANGHAI—Electric cars reached a milestone in the second quarter, capturing more than one-tenth of new Chinese auto sales for the first time. But other than Tesla Inc., foreign makers have failed to convince Chinese consumers that their EVs match the local competition.

Volkswagen Ejects Supercar Bugatti as It Shifts to EVs

BERLIN— Volkswagen AG is selling the Bugatti hypercar business to create a new company jointly owned by the Croatian electric car startup Rimac Automobili and VW’s sports car unit Porsche AG , as the auto industry’s pivot to electric vehicles transforms the