The auto news website Electrek quoted a report in an internal email that the electric vehicle leader Tesla (Tesla) plans to lay off more than […]
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Olaf Scholz advocates opening the European market for Chinese cars.
The German chancellor who is on a visit to China, Olaf Scholz, advocates opening the European market for Chinese cars, but also said that the […]
Musk announced that Tesla will lay off 10% of its global staff.
Tesla’s sales may experience major changes. Tesla founder Musk issued an all-staff email this afternoon (15th) to lay off 10% of employees worldwide. Tesla cut […]
German Volkswagen announces another €2.5 billion investment in China.
The German auto giant Volkswagen announced on Thursday that it will invest €2.5 billion to expand its business in China. A few days before the […]
92,544 Mercedes-Benz vehicles are recalled in China.
April 12, Mercedes-Benz (China) Automotive Sales Co., Ltd. filed a recall plan with the State Administration for Market Regulation in accordance with the Requirements of […]
Faraday Future responds to sales fraud.
The electric vehicle company founded by Jia Yueteng, Faraday Future (referred to as “FF”), has encountered new troubles again and again. According to domestic media […]
Morgan Stanley raises Xiaomi target and lists top recommendations
Morgan Stanley raised the target price of Xiaomi Group by 14% from HK$17.5 to HK$20, rating it “overweight” and making it its top recommendation. Morgan […]
CAAM:China Automobile sales increased by nearly 10% in March.
Enlarge the picture. Data from the China Association of Automobile Manufacturers shows that in March, the sales of Chinese automobiles were 2.694 million vehicles, increasing […]
Elon Musk plans to go to India this month to meet with Modi and announce the construction of a factory.
Elon Musk of Tesla is expected to visit India this month to meet with Indian Prime Minister Narendra Modi and is likely to announce plans […]
Nissan’s first-quarter sales in China were announced.
On April 8th, Nissan China announced the latest sales data. The data shows that in March, Nissan’s cumulative terminal auto sales in China were 59,914 […]