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Tesla to sell cars on Chinese e-commerce platform JD.com, report says
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Tesla will sell cars in Chinese e-commerce giant JD.com's online mall to boost sales, according to local media.
Tesla (NASDAQ: TSLA) will sell cars in...
The EU Will Import Over 1 Million EVs From China in 2030
China's world-leading Electric Vehicle (EV) industry is pushing into Europe. According to a new report from global technology intelligence firm ABI Research, in 2030,...
BYD Sees China Mastering Core NEV Technology and Robust Industry Chain
According to the news from Mydrivers.com, BYD has reached a groundbreaking milestone, producing its 5 millionth new energy vehicle. The company asserts that China...
Toyota, Pony plan to set up joint venture to run robotaxi business in China
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Toyota, Pony.ai plan to invest a total of more than RMB 1 billion to set up a joint venture within the year, which will...
Toyota consolidates R&D resources in China to increase bet on EVs
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Toyota lists multiple moves, including renaming its R&D base in China, consolidating R&D resources at three joint ventures, and betting on autonomous driving technology.
Toyota...
China to be center of Mercedes’ next EV offensive starting in 2025, CEO says
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Last month, there were rumors that Mercedes-Benz would build its next-generation models based on Nio's standards, though this was quickly denied by Nio.
German luxury...
Analysis of Reasons Behind Reports of Layoffs at Tesla’s Shanghai Factory
Tesla’s Shanghai factory has reportedly initiated layoffs among its battery assembly workforce. Industry sources suggest that the majority of the layoffs will affect employees...
China’s automobile exports are expected to hit 7.18 million units in 2025
1. China’s automobile export market bucked the trend.
During 2021-2022, the global economy suffered an overall slump amid the severe outbreak inside and outside China,...
Local brands expected to capture over 50% of China’s auto market for 1st time this year, AlixPartners says
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Chinese automakers have now crossed the inflection point for global influence, with local brands expected to hold 65 percent of the market share in...
Chinese Car Brands Projected to Penetrate 9% of Western Europe’s NEV Market by 2023
In a bold move to disrupt the automotive industry’s dominance by European, America, Japanese, and Korean giants, Chinese car brands are aggressively expanding overseas,...