Toyota announced that it will invest approximately $3.4 billion (380 billion yen) in automotive batteries in the United States through 2030. Specifically, the investment...
The debt-laden Evergrande Group's asset sale appears to be widespread, with its ownership of National Electric Vehicle Sweden AB (NEVS) in discussions to sell.
NEVS...
With Tesla's introduction of the direct sales model and new energy vehicles (NEVs) driving sweeping change across the entire auto industry, traditional 4S dealers...
Continued disruption among suppliers requires swift action plan for near- and long-term survival
Key takeaways
Electric vehicles (EVs) are poised for exponential growth, with the market...
On October 11, Evergrande Auto’s Strategic Partners Conference was held at the firm’s Tianjin production base. At the meeting, Liu Yongzhuo, President of Evergrande...
A new sales model for new energy vehicles (NEVs)
Traditionally, automobile manufacturers produce cars and sell them wholesale to dealers, who conduct retail sales to...
