NIO has signed a strategic cooperation agreement with its strategic investor CYVN to establish an advanced technology R&D center in Abu Dhabi, UAE. This center will focus on smart driving and artificial intelligence technology development, further expanding NIO’s global R&D footprint and fostering technological innovation in the Middle East and North Africa (MENA) region. Additionally, […]
China and Europe’s auto manufacturing industry, the urgent need to construct a new common interests. “The EU’s vote did not take into account (China’s possible launch of) punitive tariffs! Can not start a trade war, (disputes) need to be resolved through negotiations.” Local […]
According to Reuters, on October 4, Waymo, a subsidiary of Alphabet, announced a partnership with South Korean automaker Hyundai to expand its autonomous taxi fleet in the U.S. As part of this collaboration, Waymo will integrate Hyundai’s electric vehicles into its fleet, starting with the Hyundai IONIQ 5 SUV. The IONIQ 5s equipped with […]
On September 27, at the 2024 World New Energy Vehicle Conference, BMW Group Director Gao Le shared BMW’s insights on low-carbon transformation and global cooperation, and expressed optimism about the development prospects of China’s new energy vehicle market. BMW adheres to the strategy of advancing multiple technology paths in parallel, and vigorously […]
On September 29, 2012, Azalea announced that it has signed a strategic investment agreement with Hefei Jianheng New Energy Vehicle Investment Fund Partnership (Limited Partnership), Anhui High-Tech Industrial Investment Company Limited, and China Merchants Investment Management Company Limited (collectively, the “Strategic Investors”). (collectively, the […]
According to Reuters, on September 27, the U.S. Department of Commerce said that if proposed U.S. rules restricting the use of Chinese hardware and software in connected and self-driving cars are enforced, U.S. auto sales could drop by as much as 25,841 units per year and vehicle prices […]