From Shenzhen to Bremen, automotive cooperation takes new steps forward

A sedan from Chinese carmaker BYD stands in front of car freighter BYD Explorer No 1 that came to Bremen, Germany, from Shenzhen, Guangdong province, in February. [Photo/Agencies] SHENZHEN — A ro-ro ship under the name BYD Explorer No 1, the first of the new energy vehicle giant’s “shipping fleet” — with another seven transport… Continue reading From Shenzhen to Bremen, automotive cooperation takes new steps forward

@Geely: Kandi Technologies Reports First Quarter 2024 Financial Results

Solid Start to the Year with Net Income of $0.8 million, up 27.6% YoY Significant Return of Capital to Shareholders via 564,302 Shares Repurchased JINHUA, CHINA, May 16, 2024 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2024.… Continue reading @Geely: Kandi Technologies Reports First Quarter 2024 Financial Results

VE Commercial Vehicles announces joint venture with iTriangle Infotech

VE Commercial Vehicles Ltd (VECV), a Joint Venture between Volvo Group and Eicher Motors has established of Joint Venture with iTriangle Infotech, a leading telematics solutions provider, to develop and deliver fleet management solutions for truck and bus customers operating in various applications. Definitive agreements to form the joint venture, which will  focus on the… Continue reading VE Commercial Vehicles announces joint venture with iTriangle Infotech

Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood

The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States. But the decision reflects deep concern within the American automotive industry, which has grown increasingly worried about China’s ability to churn out… Continue reading Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood

Biden’s EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.

U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024 in Washington, DC.  Win Mcnamee | Getty Images DETROIT — President Joe Biden’s plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the… Continue reading Biden’s EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.

SunCar Technology Group Expands Intelligent Insurance Services through Enhanced Partnership with Geely Group’s Zeekr

NEW YORK, May 15, 2024 /PRNewswire/ — SunCar Technology Group Inc. (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce an extended collaboration with Zeekr Intelligent Technology Holding Limited (“Zeekr”) (NYSE: ZK), a premium electric automobile brand under Zhejiang Geely Holding Group (“Geely Group”) (0175.HK). This… Continue reading SunCar Technology Group Expands Intelligent Insurance Services through Enhanced Partnership with Geely Group’s Zeekr

Autocar magazine 15 May: on sale now

This week in Autocar, we scoop Aston Martin’s upcoming rival to the Land Rover Defender, drive the greatest Mercedes G-Class there has ever been, and deliver our verdict on the new Aston Martin Vantage. News Aston Martin is targeting the Land Rover Defender and Mercedes G-Class with a luxurious new super 4×4 – we’ve got… Continue reading Autocar magazine 15 May: on sale now

Autocar magazine 15 May: on sale now

This week in Autocar, we scoop Aston Martin’s upcoming rival to the Land Rover Defender, drive the greatest Mercedes G-Class there has ever been, and deliver our verdict on the new Aston Martin Vantage. News Aston Martin is targeting the Land Rover Defender and Mercedes G-Class with a luxurious new super 4×4 – we’ve got… Continue reading Autocar magazine 15 May: on sale now

Xiaomi becomes 8th largest EV upstart in China after rolling out SU7 sedanThe firm sold more than 7,000 units of its first model in April.

Chinese smartphone maker Xiaomi has become the country’s eighth-largest electric vehicle upstart after selling more than 7,000 units of its first model, the SU7 sedan, in April, according to industry data. Xiaomi‘s strong entry into China‘s crowded EV market is set to further upend the world’s largest auto market, where companies have been locked in a fierce price war amid weakening demand. Xiaomi is already a household name in China for its… Continue reading Xiaomi becomes 8th largest EV upstart in China after rolling out SU7 sedanThe firm sold more than 7,000 units of its first model in April.

First ride in 2025 Volvo EX90 as testing wraps up

The Volvo EX90 will go into production in the coming months, more than 18 months after it was first revealed, with the Swedish brand promising its new electric flagship SUV will set new standards for safety. The large SUV, which will sit alongside the combustion-engine XC90, was first shown back in November 2022. Manufacturing will… Continue reading First ride in 2025 Volvo EX90 as testing wraps up