Subject


Automotive Technologies


2023-11-10

[News] Huawei’s Electric Sedan Debut Signifies its Goal to Surpass Tesla, Focusing on Market Entry Despite Profit Prospects

Automotive Technologies

According to IJIWEI's news, during the Huawei Smart Mobility Conference held on November 9, Huawei, in collaboration with Chery, unveiled its first smart electric sedan, the Luxeed S7. Priced at a starting pre-sale cost of 258,000 RMB. Huawei had previewed the release of Luxeed S7 during a product l...

2023-11-06

[Insights] Even Ford Halts EV Investment, How Will the Automakers Adjust Its EV Strategy?

Automotive Technologies

Ford announced the withdrawal of its full-year financial forecast due to the impact of the recent labor strike and ongoing challenges in the EV sector. Most consumers are reluctant to pay higher prices for electric cars compared to traditional or hybrid vehicles. Ford also postponed its planned $12 ...

2023-11-06

[News] Challenges Loom Over China’s Electric Vehicle Makers as NIO Announces Layoffs

Automotive Technologies

According to Yahoo's report, recent developments in China's automotive industry, particularly the electric vehicle sector, have been a mixed bag. While some companies have reported impressive export performance and surging delivery volumes, the overall market has faced challenges due to weak consume...

2023-11-02

[News] Delta Electronics Announces EV Business Spinoff and Four Major Business Categories

Automotive Technologies

According to TechNews’ report, Delta Electronics has held its third-quarter earnings conference yesterday, announcing at the beginning that it will spin off its EV business next year. In the future, the company's business will be divided into four major categories: power electronics, transporta...

2023-10-31

[News] Xiaomi Establishes a New Car Sales Company, Signaling Its Official Entry into the Car Market

Automotive Technologies

Xiaomi's subsidiary, Shanghai Xiaomi Jingming Technology Co., Ltd., was established recently with a registered capital of 10 million yuan (RMB). The company's scope of operations includes car sales, car wash services, vehicle repair and maintenance, small and micro passenger car rental services, cha...

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