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News
Driving Revival: Chinese Cars Lead the Resurgence of Russia’s Auto Factories
2023-07-26
Russia
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Local News
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News
China's Influence on Russia's Auto Industry: The Resurgence of the Moskvich The relaunch of the classic Soviet-era car, the Moskvich, by a state-owned company last November was hailed as a symbol of Russia's auto industry's resilience in the face of Western sanctions. Moscow's mayor, Sergei Sobyanin, praised the event, stating…
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Russian Car Market Makes a Strong Recovery, Surging by 50% — Industry Association Reports
2023-07-26
Russia
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Local News
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News
Russian Car Market Records 50% Recovery, Sales Reach Nearly 440,000 Units MOSCOW, July 19. The Russian car market has shown a significant recovery, growing by 50%, according to the President of the Russian Automobile Dealers Association, Aleksey Podschekoldin, during a press conference on Wednesday. "The current situation indicates that the…
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Kyrgyzstan announces strengthened control over Russia’s re-export trade
2023-07-26
Russia
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Local News
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News
Introduction: In recent times, there have been speculations regarding the possibility of products supplied to Russia through certain countries, including Kyrgyzstan, facing sanctions due to Russia's military actions and growing trade with Central Asian nations. Amid these concerns, the United States has been considering the implementation of sanctions against Kyrgyzstan.…
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What is the extent of BYD’s international sales and its performance in foreign markets?
2023-07-25
Car News
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News
So far, BYD has established production bases in various countries including the United States, Japan, Canada, Brazil, and India. They export new energy vehicles to numerous overseas countries and regions, resulting in significant sales abroad. In 2022 alone, BYD exported a total of 5,590 new energy vehicles. [caption id="attachment_3984" align="aligncenter"…
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Mercedes CEO: China to Lead Next EV Offensive from 2025 Onward
2023-07-25
Car News
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News
Despite facing temporary challenges in sales, German luxury automaker Mercedes-Benz is optimistic about the Chinese market's potential. The upcoming e-architecture launching in 2025 will mark the beginning of Mercedes-Benz's ambitious electric offensive, with China positioned as the central focus, according to CEO Ola Kaellenius in an interview with German automotive…
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Li Auto Clarifies Reasons Behind Lawsuit Against Auto Film Store with Same Chinese Name
2023-07-25
Car News
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News
[caption id="attachment_4271" align="aligncenter" width="1134"] Li Auto L7[/caption] Li Auto, the Chinese electric vehicle manufacturer, has provided further explanation regarding its lawsuit against an auto film store that shares the same Chinese name. The company stated that it respects the fair use of the term "Li Xiang" by other companies and…
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