According to the announcement from Honda China, the annual production capacity of its joint ventures in China, Dongfeng Honda and GAC Honda, will be reduced by approximately 20% from 1.49 million vehi
2024-08-08The Q2 financial report was released by Tesla CEO Elon Musk on July 23rd, revealing the company's worst quarterly performance in almost six years. Despite this, Tesla exceeded market expectations by s
2024-07-29Tesla has recently launched the FSD V12 version for testing in North America, and there are reports from China stating that Shanghai Nanhui New City is promoting a pilot project with 10 Tesla vehicles
2024-07-22Recently, Tesla announced its car production and delivery report for Q2 2024, Tesla handed over 443,956 vehicles, 4.8% lower than last year. This represents the second consecutive quarter decline in T
2024-07-08According to a filing submitted on June 26th, Hezhong New Energy Automobile Co., Ltd., the parent company of NETA has officially applied for an IPO on the HKEX. If successful, this will mark a new pha
2024-07-01In the rapidly changing and competitive Chinese market, how can multinational car manufacturers achieve business success through classic joint ventures with local partners? Volkswagen, Xpeng Motors, S
2024-06-24Recently, an increasing number of luxury brands have joined the promotional campaign. Among them, not only second-tier luxury brands like Cadillac, Lexus, and Volvo but also first-tier luxury brands B
2024-06-17Recently, the Ministry of Industry and Information Technology issued a notice confirming the first batch of nine pilot joint ventures for testing intelligent connected vehicles on roads. This is an im
2024-06-11The power battery sector is the main focus of the new energy vehicle industry, with CATL and BYD dominating most part of the domestic market share. As competition intensifies, smaller companies are st
2024-05-31On the evening of May 26, Evergrande Auto issued an announcement on the Hong Kong Stock Exchange, disclosing details about a potential share transfer and stating that trading of its stocks will resume
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