Chinese tech companies are making significant strides in the electric vehicle (EV) market, outpacing their Western counterparts in innovation and sales. This story, as reported by The Economist, highlights the growing dominance of Chinese firms in the EV industry. The…
Xiaomi, the Chinese smartphone giant, is making waves in the electric vehicle (EV) market, showcasing its first electric car, the SU7, during the Paris Olympic Games. As reported by Bloomberg, this bold move marks a significant step in the company’s…
Tesla is sending executive Tom Zhu back to China amid slumping sales and increased competition in the world’s largest electric vehicle market. Zhu, who was promoted to senior vice president of automotive in April 2023, previously led Tesla’s entry into…
Xiaomi’s First Electric Car: The SU7 Chinese smartphone giant Xiaomi has unveiled its first electric vehicle (EV), the SU7, marking its entry into the automotive industry. The sedan, symbolizing Speed Ultra, is anticipated for its “super electric motor” technology, promising…
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