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BYD’s Battery Division, FinDreams, Forms Strategic Partnership with LG to Expand into US and European Markets
2023-10-08
Car News
FinDreams has announced a strategic partnership with LG, the South Korean conglomerate's energy storage unit, to target the lucrative US and European markets. The partnership, formalized through a memorandum of strategic cooperation signed in Seoul on September 4, involves executives from LG's Energy Storage Systems (ESS) division and FinDreams' consumer…
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Xpeng Receives More Than 15,000 Firm Orders for New G9 in Just 15 Days Since Launch
2023-10-07
Car News
Xpeng (NYSE: XPEV) is proudly revealing the impressive order statistics for its freshly upgraded flagship SUV, the 2024 G9, underscoring a triumphant debut. In a recent announcement on Weibo, Xpeng disclosed that their 2024 G9 received an astounding 15,000 firm orders within the first 15 days of its market presence.…
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Zeekr Establishes Collaborations to Expand Electric Vehicle Sales into Four More Middle Eastern Nations
2023-10-06
Car News
Zeekr, the high-end electric vehicle (EV) subsidiary of Geely Holding Group, has formed strategic partnerships to broaden its presence in the Middle East. These collaborations will extend Zeekr's reach into the United Arab Emirates (UAE), Saudi Arabia, Qatar, and Bahrain, in addition to its existing market in Israel. The partnerships…
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Tesla Unveils Enhanced Model Y in China: Base Model Gets Performance and Range Upgrades, Price Remains Unchanged
2023-10-06
Car News
Tesla has launched an upgraded Model Y in China, maintaining its existing price points while making slight configuration enhancements to boost the appeal of its popular SUV. In the Chinese market, there are three versions of the Model Y available: the base Model Y with rear-wheel drive, the Model Y…
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EU Launches Formal Investigation into Chinese EVs for Subsidy Violations; China Expresses Disapproval
2023-10-06
Car News
The European Union (EU) has officially commenced an anti-subsidy investigation into electric vehicles (EVs) imported from China, following the announcement of this plan last month. China has swiftly expressed its opposition to this action. In an official statement released today, the European Commission declared, "The European Commission has formally launched…
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Xiaomi Rumored to Enter the EREV Market as Chinese EV Manufacturers Explore Hybrid Options to Drive Sales
2023-10-06
Car News
Xiaomi's Electric Vehicle (EV) division, the subsidiary of the Chinese smartphone giant, is reportedly gearing up to manufacture Extended-Range Electric Vehicles (EREVs) in response to a growing trend among local EV manufacturers to tap into a broader market. According to a report by the local media outlet 36kr, Xiaomi's automotive…
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