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News
Xpeng Anticipates Strong Surge in G6 Deliveries for September, Fueling Monthly Figures Beyond 15,000 Units
2023-08-21
Car News
Xpeng, a frontrunner in the automotive industry, foresees a substantial upswing in G6 vehicle deliveries for the upcoming month of September, propelling the company's monthly delivery count to surpass an impressive 15,000 units. [caption id="attachment_5422" align="aligncenter" width="1200"] (Image: XPeng G6)[/caption] At the heart of Xpeng's strategic efforts, an analyst call…
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Nio Repositions ET5 Touring as ET5T to Capture Broader Family Market
2023-08-18
Car News
Nio has repositioned the ET5 Touring to expand the model's user base by targeting the larger family market rather than the touring segment. [caption id="attachment_5408" align="aligncenter" width="1200"] (Image: NIO ET5 Touring)[/caption] Nio (NYSE: NIO) has rebranded the ET5 Touring to weaken the model's attributes as a wagon variant of the…
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Xpeng Refutes Maserati Acquisition Rumors, Stirring Interest
2023-08-18
Car News
News spread rapidly across Chinese social media platforms today, suggesting that Xpeng, a prominent Chinese electric vehicle (EV) manufacturer, was in the process of acquiring the renowned luxury car brand, Maserati. [caption id="attachment_5404" align="aligncenter" width="1200"] (Image: Xpeng G6)[/caption] Throughout this year, rumors of potential collaborations between Chinese EV startups and…
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Mercedes-Benz Inks Patent Accord for 5G Connected Cars
2023-08-18
Car News
Recent reports from international media indicate that the Mercedes-Benz Group has achieved a significant milestone by becoming the inaugural automotive company to establish a collaboration with the US patent platform Avanci. This partnership grants Mercedes-Benz the official authorization to incorporate 5G technology within their intelligent networked vehicles. Commencing on August…
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Mercedes-Benz Chief Executive Officer Discusses Strategy: Emphasizing Price Stability and Brand Value over Price Battles
2023-08-18
Car News
In the early months of this year, Elon Musk, the CEO of Tesla, openly acknowledged, "I believe there is a substantial number of individuals interested in purchasing Tesla vehicles, yet find them financially out of reach." [caption id="attachment_5395" align="aligncenter" width="1192"] (Image: Mercedes Benz)[/caption] At that juncture, Tesla ignited a global…
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Mercedes Aims for Complete Electrification in Malaysia by 2030
2023-08-17
Trade News
Luxury automaker Mercedes-Benz Group has set its sights on Malaysia as a key market, with ambitious plans to electrify its entire vehicle lineup within the country by the year 2030. Earlier this year, Mercedes-Benz achieved the milestone of becoming the first automaker to introduce locally-produced electric vehicles in Malaysia. [caption…
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