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New Energy Vehicle Companies Enter Insurance Industry

Since the beginning of this year, many Chinese new energy vehicle companies have entered the insurance industry by acquiring or setting up insurance brokers....

Head-Up Display Market Size is Expected to Reach USD 11576.3 Million in 2028

The Head-Up Display Market Value is expected to record a valuation of USD 11576.3 Million by 2028, Registering to Accelerate at a 21.35% CAGR,...

NIO rumored to be planning to build plant in Hungary to produce chargers and swap stations

NIO's move in Hungary is to meet its need to build battery swap stations in Europe, local media said, citing an unnamed insider at...

XPeng making bold strategic pivots that should bear fruit longer term, says Deutsche Bank

XPeng's management is repositioning its vehicle lineup to surgically go after the premium market, according to Edison Yu's team. After XPeng Motors (NYSE: XPEV, HKG:...

NIO puts more focus on European business, co-founder Qin Lihong directly leads

NIO (NYSE: NIO, HKG: 9866, SGX: NIO) is shaking up its management structure, showing that the Chinese electric vehicle (EV) maker is increasing its...

NIO offers service to facilitate owners to sell their vehicles directly to others

In addition to acquiring NIO vehicles and selling them, NIO has begun offering a service to facilitate users to sell their vehicles directly to...

LiangDao Intelligence Reaches Strategic Cooperation With Mercedes-Benz AG

Lidar firm LiangDao Intelligence announced on Thursday that it has signed a memorandum of cooperation with the Urban Mobility Solutions division of Mercedes-Benz Group....

NIO intends to build plant in US, report says

NIO's plant in the US may initially adopt a CKD (Completely Knocked Down) or SKD (Semi Knocked Down) form of production, local media said,...

Why is Mobileye losing in China?

Mobileye has a business model that doesn't fit today's Chinese market, this article says. Tesla (NASDAQ: TSLA), NIO (NYSE: NIO, HKG: 9866, SGX: NIO) and...

Average New-Vehicle Price Sets Another Record in the U.S.

The Retail Sales Forecast New-vehicle retail sales for May 2022 are expected to decline when compared with May 2021, according to a joint forecast from...

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