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C-V2X and CVIS Industry Review 2022

More than 20 production passenger car models were equipped with C-V2X, with a rising penetration. According to our statistics, from January to June 2022, the...

XPeng Finishes Restructuring and Fires Small Number of Employees

Internal adjustments to the organizational structure of Chinese electric vehicle maker XPeng are nearing an end, and some departments have implemented small-scale layoffs, Jiemian...

China controls the Surging Li-ion Battery Market

Rapid growth in the Li-ion market is expected over the next ten years. IDTechEx forecast the Li-ion battery market will reach over US$430 billion...

Renault and Google Extend Partnership including Digital Twin, In-Car Services

Renault Group and Google announced today an expanded partnership aimed at designing and delivering the digital architecture for the "Software Defined Vehicle" (SDV) and...

Nvidia offers A800 chip for Chinese customers as alternative to A100, report says

Nvidia is offering a new GPU chip in China to meet the needs of local customers as an alternative to another chip subject to...

Europe Electric Vehicle Market Outlook to 2027

In Europe countries of Germany, UK, France, Netherlands, Norway, Sweden, Italy, and Spain are in total accounted for a market of USD 81 Billion...

BMW Chairman Believes China is One of Most Important Markets

“The recent statements made by the Chinese government on promoting high-level opening up, attracting investment and persisting in innovation are encouraging. BMW will continue...

One in six EVs sold in Europe will be made by Chinese makers by 2025, Fitch Solutions says

Chinese cars are affordable, while Western manufacturers can't offer enough electric vehicles, Fitch Solutions said. By 2025, one in six electric vehicles (EVs) sold in...

Five Key Technology Trends for Tomorrow’s Electric Car

The automotive sector is the largest transport sector, with some 80–90 million cars sold each year globally. Indeed, a global fleet of approximately 1.1...

Global SUV Market Review 2022

The SUV market is projected to grow from USD 885.8 billion in 2022 to USD 1,221.7 billion in 2027, at a CAGR of 6.6%....

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