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Business

In The U.S. New Vehicle Sales Expected to Drop in the Third Quarter

PR Newswire - September 29, 2021

The car shopping experts at Edmunds forecast that 3,416,266 new cars and trucks will be sold in the U.S. in the third quarter of...

CATL Acquires Canadian Lithium Company Millennium for C$377 Million

Pandaily - September 29, 2021

The bidding competition over Canadian lithium company Millennium has come to an end as Chinese lithium giant, Contemporary Amperex Technology Co., LIMITED (CATL), won the...

Tesla Issues Comment on Its Suing Model S Owner for Infringing Reputation

Pandaily - September 28, 2021

A Tesla car owner took Tesla to court after buying a second-hand Model S from its official website without knowing the car had suffered...

Digital Retailing, Fleet Connectivity and New Product Innovation to Revive the Global Vehicle Leasing Market

PR Newswire - September 28, 2021

Frost & Sullivan's recent analysis finds that the global vehicle leasing market faced one of its worse years in 2020 with challenges such as...

Huawei set to offer BAIC’s new energy vehicles in its sales channels

CnEVPost - September 27, 2021

BAIC BluePark's subsidiary BAIC BJEV has signed a framework agreement with Huawei which is set to make it the second brand after Seres to...

Tesla to Increase Investment and R&D in China

Pandaily - September 27, 2021

At the 2021 World Internet Conference held in Wuzhen, Zhejiang Province on Sunday, Tesla CEO Elon Musk said that Tesla will continue to increase...

Vehicle Shoppers In The U.S. Exiting Market as Inventory Shortages Continue to Plague Auto Industry

PR Newswire - September 23, 2021

Nearly half of car shoppers are exiting the market and delaying their purchase for the next several months due to the impacts of the...

Chinese auto association warns again of chip shortage crisis

CnEVPost - September 22, 2021

The resources for auto chips in circulation are close to depletion, Chinese auto brands no longer have a clear advantage in chip resources, said...

Automotive & Transportation AI: Burgeoning Demand for Autonomous Vehicles Accelerates Market Growth

Research and Markets - September 21, 2021

According to the MarkNtel Advisors’ research, the market is likely to grow at a CAGR of around 20% during 2021-2026. The market growth attributes to the snowballing...

EV Platform Market Valuation to Exceed US$ 97.3 Bn by 2030

PR Newswire - September 17, 2021

- Automotive players to harness modular EV platforms to tap into emerging revenue streams in e-mobility; development of scalable platforms to help accelerate the...