EVA Electric Vehicle Expo debut at Automechanika Frankfurt to promote automotive tech exchanges
On June 18, the China Council for the Promotion of International Trade (CCPIT) Automotive Sub-Council announced that the new "Electric Vehicles Expo at Automechanika" will be held for the first time from September 10-14, 2024 in Hall 12.1 of…
Warren Buffetts Berkshire Hathaway dumps BYD shares following rise in trade tension over Chinese EVs
Warren Buffett’s Berkshire Hathaway has further cut its large stake in BYD, which vies with Tesla as the world’s largest electric car (EV) maker, as global trade tensions escalate over Chinese EVs. The legendary investor’s conglomerate sold another…
Chinese cars are pouring into Mexico — and the U.S. is worried
Four years after the United States-Mexico-Canada trade agreement (USMCA) was adopted, Mexico and the U.S. face a common concern: the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining regional carmakers like G…
Three major growth points of Automotive industry in future
Chinas auto industry from the growth period into maturity (2010-2022 sales compound growth rate of 3%), facing three major features, five major changes. The three characteristics are: 1, the total dividend gradually faded, the normalization of low gro…
Demand for auto parts in Russia has increased 23 times! Chance for the Chinese companies
Russia auto parts market status quo Russia as the worlds fourth largest car ownership countries, with about 50 million vehicles, a huge number of vehicles, the market potential is huge. This vast land, the cultural intermingling between east and west …
Japan and Europe set up a data exchange system to cooperate in recycling electric vehicle batteries
According to foreign media reports, Japan and Europe will cooperate in the recycling and utilization of electric vehicle batteries, and both sides will establish a new system to share information on the mining locations and mineral suppliers of batter…
China's robust exports give auto parts industries a leg-up
As Chinas automobile exports continue to surge, auto parts enterprises across the country are also riding the wave of going global. In 2023, the export value of automobiles and parts hit about 101.61 billion yuan (about 14.3 billion U.S. dollars) and …
UK car production fell for the second consecutive month in April
According to foreign media reports, industry data released on May 30th showed that due to car manufacturers ceasing production of some existing models and more factories transitioning to producing electric vehicles, UK car production in April this yea…
The number of South Korean auto parts companies decreased by 190 in five years
On May 20, according to Yonhap News, South Koreas auto parts industry is facing a crisis of rapid transition to electrification. Compared with traditional internal combustion engine cars, electric vehicles have fewer parts and simpler processes, so it…
Sanya Central Business District · Geely Auto Base key project signing ceremony was held
The key project signing ceremony of Sanya Central Business District Geely Auto High-tech Valley Double Park Double Headquarters Base was held in Sanya. Zhou Hongbo, member of the Standing Committee of the Provincial Party Committee and Secretary of t…
A number of listed companies terminated the construction of related lithium battery projects
Crazy expansion, cross-border has become the norm of the lithium battery industry. However, with the impact of factors such as slowing market demand, the lithium battery industry has also entered a deep adjustment."The future development trend of…
German horse brand joint Tuhu released "Tuhu Gold Medal ? Worry free now"
The countrys largest tire retail platform Tuhu car maintenance and Germany Horse brand jointly announced that on the basis of the original rights and interests of the first tire "gold medal warranty" in the whole network, the user after-sale…
Zhiqu car repair received 10 million yuan angel round financing
On May 15, Zhiqu Car Repair, a brand of Hangzhou Xiuzi Car Home Information Technology Co., LTD., won angel round financing, which raised 10 million yuan and released 10% of the equity, which was invested by Hanyin Innovation Equity Fund.Zhiqu car rep…
LEAPMOTOR International joint venture company was officially established
On May 14, Stellantis N.V. (hereinafter referred to as "Stellantis Group") and Zhejiang LEAPMOTOR Technology Co., LTD. (hereinafter referred to as "LEAPMOTOR Car") announced that The two companies have passed all necessary approval…
Beijing will vigorously promote "new energy vehicle charging new energy electricity"
On May 13, Energy Conservation Awareness Week 2024 was launched. The Municipal Development and Reform Commission introduced at the launch ceremony of the Beijing Energy Conservation Publicity Week that Beijing will vigorously promote "new energy …
Jingdong car maintenance and Guangzhou Bus Group's first double brand store landed in Guangzhou
The comprehensive automobile service store jointly built by Guangzhou Public Transport Group and Jingdong Car Maintenance opened, which is the first dual-brand comprehensive automobile service store of Jingdong car maintenance in Guangdong province. I…