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China state paper article explains why Audi’s NEVs don’t outsell NIO, Li Auto

It is well known to many that the new energy vehicles (NEVs) of German luxury carmakers BMW, Mercedes-Benz and Audi do not perform as...

Mercedes-Benz released its 2021 financial results

Mercedes-Benz Group made public its 2021 financial results today, highlighting accelerated transition in Electric and Luxury segment and gave some details what it...

Fitch says NIO, XPeng, Li Auto thrive on products and ecosystems, but warns on competition

Credit rating firm Fitch Ratings said that leading Chinese electric vehicle (EV) startups NIO, XPeng Motors, and Li Auto are thriving on their products...

In-Vehicle Infotainment Market worth $38.4 billion by 2027

The global In-Vehicle Infotainment Market size is projected to grow from USD 20.8 billion in 2021 to USD 38.4 billion by 2027, at a...

Future Volkswagen-Huawei Autonomous Driving Join Venture May Be Led by Su Jing

Recent reports have indicated that Volkswagen is in talks with Chinese telecoms and electronics giant Huawei regarding the acquisition of an autonomous driving unit...

Used Tesla Model Y selling for more than initial purchase price in China

While people generally avoid used new energy vehicles (NEVs) these days, that's not the case for premium brands, including Tesla. The vast majority of Tesla...

Frost & Sullivan: Chinese Battery Swap Market Growth Opportunities 2022

Battery swap services are emerging solutions in China and the world. They provide quick battery replacement in 3-10 minutes. In addition, in comparison to...

Didi Starts Massive Layoffs Covering Nearly All Departments

Chinese media outlet LatePost reported on Monday that Didi Inc., the Chinese ride-hailing giant, is now implementing the company’s long-rumored layoffs. One Didi employee...

Chinese and US companies are leading in the use of digital Industry 4.0 technologies

An international comparison shows that Chinese and US companies are the frontrunners in the use of digital technologies in an Industry 4.0 environment. The...

Tesla to set up design center in Beijing

Tesla has said it will design and produce vehicles in China, but has not revealed which city the team will be set up in....

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