China’s electric vehicle (EV) market is expected to see a fierce price war erupt this year as …
auto industry
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Tesla eyes Indian market with potential $3b investment
by Nada Aliby Nada AliElon Musk, CEO of Tesla, plans to invest $2-$3 billion in India, which could significantly impact the …
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Honda unveils new EV brand in China by ’27
by Nada Aliby Nada AliHonda Motor outlined an ambitious plan to launch six next-generation EVs under the new “Ye” brand by …
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China’s Zeekr to raise $500m in US IPO
by Nada Aliby Nada AliChina’s Zeekr electric vehicle has resumed plans to raise up to $500 million in a New York …
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Xiaomi’s stocks soars after launching 1st EV
by Nada Aliby Nada AliXiaomi’s stock surged 16 per cent on Tuesday after the launch of its new electric vehicle, despite …
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Xiaomi’s 1st EV receives 88.8k pre-orders in 24-hour
by Nada Aliby Nada AliXiaomi’s debut electric sedan, the SU7, faces soaring demand with pre-orders exceeding 88,898 in just 24 hours, …
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China’s commercial auto output grows 9% in Jan-Feb
by Nada Aliby Nada AliChina’s commercial vehicle production and sales showed robust growth in the first two months of 2024.
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Toyota posts 7% rise in global output for Jan.
by Nada Aliby Nada AliToyota Motor reported a seven per cent increase in global vehicle production in January, marking the 13th …
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Chinese firm sells $250m bond to support LGFV
by Nada Aliby Nada AliChina’s Guizhou Hongyingda Construction Project Management Co. issued a 1.8 billion yuan ($250 million) five-year non-public bond …
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Cadillac Electric SUV available only online in France
by Nada Aliby Nada AliUS automaker General Motors (GM) unveiled its luxury electric Cadillac Lyriq in France, expanding its European market …