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Car News
Tesla Continues to Drive Growth in the US Electric Car Market in H1 2023
2023-08-16
Car News
In a dynamic U.S. market landscape characterized by revived chip supplies and resumption of gasoline vehicle production, electric vehicles (EVs) are witnessing a temporary slowdown in their pace of outperforming other vehicle types. [caption id="attachment_5344" align="aligncenter" width="1618"] (Image: Tesla Model 3)[/caption] Examining the US EV market in the initial half…
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Zeekr Extends Store Hours Until Midnight Following Price Reduction
2023-08-16
Car News
Zeekr, the distinguished electric vehicle (EV) subsidiary under Geely Holding Group, has responded dynamically to surging consumer interest following a substantial price reduction for the Zeekr 001 model. In an exciting development, Zeekr has taken the strategic decision to extend the operational hours of select stores, with some locations now…
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Tesla Actively Hiring Local Operations Team to Introduce Full Self-Driving (FSD) Technology in China, According to Report
2023-08-16
Car News
In a strategic move to introduce its groundbreaking Full Self-Driving (FSD) feature to the Chinese market, Tesla has embarked on an initiative to assemble a local operations team, as revealed by recent local media reports. Tesla's meticulous plan involves the establishment of an initial local operations team composed of approximately…
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Baidu’s Automotive Venture Overcomes Key Regulatory Obstacle, Inaugural Model Set to Launch under New Brand in Q4
2023-08-15
Car News
Baidu's strategic partnership with Geely has given rise to a new automotive brand, Jiyue, with its inaugural model, the Jiyue 01, achieving a significant milestone by entering China's Ministry of Industry and Information Technology (MIIT) catalog for public comment. The eagerly anticipated Jiyue 01 is slated to make its debut…
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Struggling Evergrande NEV Secures $500 Million Investment from Middle Eastern Investor
2023-08-15
Car News
Evergrande New Energy Vehicle Group (Evergrande NEV), the electric vehicle subsidiary of China Evergrande Group, has secured a significant boost in the form of a strategic investment of approximately $500 million from NWTN Inc (Nasdaq: NWTN), a Dubai-based green energy company specializing in high-end EV products and green energy solutions.…
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Huawei and Chery’s Collaboration Unveils Luxeed S7: Core Specifications Revealed in Regulatory Filing
2023-08-15
Car News
Anticipation is building as the Luxeed S7, the maiden offering from the Luxeed brand born out of Huawei and Chery's collaboration, is poised to make its debut this quarter. [caption id="attachment_5298" align="aligncenter" width="1200"] (Image: Luxeed)[/caption] Recent revelations from a regulatory filing have unveiled essential spec details about this innovative model.…
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