Recent reports suggest that U.S. electric car manufacturer Lucid is contemplating an entry into the Chinese market. As per CNBC, there isn’t a confirmed timeline for this ambitious move. The Chinese Market Appeal China isn’t just the largest car market…
In an authoritative push for electric vehicle (EV) innovation, China’s revered “father of EVs”, Wan Gang, underscores the paramount importance of efficient batteries, streamlined EV designs, and advanced driving systems. These elements, he professes, are vital to magnifying the EV…
Amidst the unease of Western automakers, German auto suppliers are demonstrating enthusiasm for the European forays of Chinese EV producers. Major German firms are keen on leveraging their established ties in China to supply European parts to these burgeoning manufacturers.…
Li Auto, an emerging Chinese automaker, has its sights set on outpacing luxury car giants BMW, Mercedes-Benz, and Audi in its domestic market by 2024. The company’s CEO, Li Xiang, reportedly confidently proclaimed on Tuesday, “We would strive to become…
A storm originating from China is on the horizon for Europe’s blossoming electric vehicle (EV) sector, Renault’s Chairman Jean-Dominique Senard shared with Reuters this past Saturday. According to Senard, China’s control over essential raw materials used in EV batteries puts…
Tesla’s CEO Elon Musk unveiled his latest predictions for the debut of fully autonomous Teslas, saying they’re expected to hit the roads “later this year”. He delivered these remarks at an AI conference in Shanghai, indicating the company’s close ties…
In the bustling arena of electric vehicles (EVs), a shockwave was felt on Friday when shares of Xpeng, the Chinese EV manufacturer, skyrocketed more than 11%. The dramatic leap came after the company priced its latest innovation, the G6 sport…
In a bold move to cement its position in the electric vehicle industry, China’s Xpeng Inc broadened its self-driving capabilities to Beijing on Thursday. This step marks another milestone in the wider deployment of its City Navigation Guided Pilot (City…
Tesla’s Model Y emerged as the globe’s top-selling vehicle in Q1 this year, with China becoming its leading market, as revealed by data from JATO, a market research firm. The electric vehicle company, Tesla, witnessed sales of 267,171 Model Y…
