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Ride-hailing and Taxi Market to Reach $432.16 Billion at a CAGR of 11.7%

The global ride-hailing and taxi market size is estimated to reach USD 432.16 billion by 2028 and is expected to expand at a CAGR...

NIO signs deal with Hisense, potentially paving way for sub-brand parts supply

The move may be NIO's preparation for the supply of key components for its mass-market-oriented sub-brand. NIO has signed an agreement with a local home...

CATL, Gotion Hi-Tech and Rivals Accelerate Overseas Factory Construction

Many Chinese battery firms have recently announced their construction of new overseas factories. In September, CATL and SVOLT revealed that they would build their...

Deutsche Bank says these two factors will drive NIO’s outperformance

NIO ET5 has received an overwhelmingly positive initial reception, while sales of older models -- ES8, ES6, EC6 -- have not been significantly impacted...

Automotive 3D Printing Market Global Forecast to 2027

The automotive 3D printing market is projected to grow from USD 2.9 billion in 2022 to USD 7.9 billion by 2027, at a CAGR...

Why Did NIO, XPeng and Li Auto Together Lose Nearly $1.38B in H1?

As of September 7, three leading Chinese new energy vehicle (NEV) enterprises, including NIO, XPeng Motors and Li Auto, had successively released their financial...

Mercedes-Benz Vans and Rivian move to partner on electric van production

Mercedes-Benz and Rivian sign Memorandum of Understanding for a strategic partnership and joint production of electric vans – with the objective to set the...

Jeep Reveals Plan for Global Leadership in SUV Electrification

The Jeep® brand today announced a comprehensive plan for its next generation of fully electric 4xe vehicles as part of a sustainable transformation to...

Uber and Nuro Announce 10-Year Partnership for Autonomous Food Deliveries

Uber Technologies, Inc. and Nuro, a leading autonomous vehicle company, today announced a multi-year partnership to use Nuro's autonomous, electric vehicles for food deliveries...

Cellular Vehicle-To-Everything (C-V2X) Market to hit $6 bn

The cellular vehicle-to-everything (C-V2X) market is estimated to cross valuation of USD 6 billion by 2030. Strong involvement of governments in the improvement of...

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