If Japanese automakers Nissan and Honda merge, it will provide more room for cost cutting, profitability and more effective investment in electric vehicles and other technologies. Nissan, which is currently valued at $9 billion, is in even more trouble: poor performance prompted Nissan to make emergency adjustments this month. Nissan CEO Makoto Uchida’s turnaround plan […]
According to Bloomberg, in October this year, the last month before the EU’s tariffs on China Electric Motors was officially effective, sales of Chinese electric vehicle companies declined in Europe. Data from the research institution DataForce show that the European sales volume of Chinese […]
According to the British research company GlobalData, the demand for new car in the Chinese market has increased from 10%in 2021 to 24%in 2024. With the help of a series of subsidy policies, the process of electrification of China has quickly advanced, and the proportion of traditional fuel vehicles has decreased from 80%to 48%. […]
According to the latest data released by S&P Global Mobility, US light vehicle sales in November are expected to reach 1.31 million units, an increase of about 6% from 1.23 million units in the same period last year. This data reflects the continued recovery of consumer demand for light vehicles, especially in the context of […]
The Federation of Thai Industries recently announced that Thailand’s auto production is expected to fall to 1.5 million units in 2024, the lowest level since the outbreak of the COVID-19 pandemic in 2021. The downward adjustment of production expectations is the second adjustment this year, mainly affected by weak domestic market sales and declining auto […]
According to Reuters, large -scale automakers such as GM, Toyota Motors, and Volkswagen Group organize the Organization of the American Automotive Innovation Alliance (Alliance for Automotive Innovation), urging the next President Donald Trump to retain electric vehicle tax claims in the United States. And take measures to accelerate […]