On the evening of October 10, GAC Group issued the announcement of the 70th meeting of the 60th board of directors. In many proposals and approved, including the “Proposal on Strategic Investment Cucin’s Technology” and “Proposal on Strategic Investment of Pony Smart”. In order […]
According to foreign media reports, Tesla’s Berlin Gigafactory in Germany produced its 400,000th vehicle at the end of September. This milestone was achieved two and a half years after the factory began producing Model Y. German media quoted Tesla Germany’s internal chat messages on September 25 as saying that the electric car maker celebrated […]
China has filed a request for consultations with Turkey at the WTO in response to Turkey’s move to impose tariffs on electric cars imported from China, the Chinese Foreign Ministry said in a statement on Oct. 8, Reuters reported. In a statement in Turkish, the Chinese Foreign […]
On October 4, representatives of EU member states voted to adopt the draft final ruling on the EU electric vehicle countervailing case submitted by the European Commission, proposing to impose a final countervailing duty on electric vehicles originating in China. In response, Geely Holding Group said that the […]
The Chinese side is studying raising tariffs on imported large-displacement fuel vehicles and will start imposing tariffs on European exports of brandy after EU member states voted to adopt the draft final ruling on the EU’s countervailing case on electric vehicles, which may further escalate the trade conflict […]
According to Reuters, on October 9, Thomas Schaefer, head of the Volkswagen brand, said that the Volkswagen brand aims to launch eight new affordable electric models by 2027 to win back market share. At the same time, Thomas Schaefer said that the Volkswagen brand must produce profitable cars and put them on the market […]
