August 7, 2024 – Ford Motor Company has announced a 31% year-over-year increase in its pure electric vehicle (EV) sales in the U.S. for July 2024. This significant growth underscores Ford’s strong performance in the electric vehicle sector and further solidifies its position in the global EV market. According to the data released by […]
According to foreign media reports, the Munich research institute Ifo Institute said that due to automakers including Volkswagen Group to reduce the output of high-cost factories, the German automotive industry’s capacity utilization rate has fallen to about 78%, 9 percentage points lower than the long-term average. More than […]
On August 6, the National Development and Reform Commission (NDRC), the National Energy Administration (NEA), and the National Data Agency (NDA) issued the Action Program for Accelerating the Construction of a New Type of Electricity System (2024-2027) (the “Action Program”). The Action Program puts forward a number […]
August 7, 2024 – Lynk & Co has announced that the highly anticipated 2025 Lynk & Co 08 EM-P will officially launch in August 2024. The new model promises significant configuration upgrades, enhancing its competitiveness in the luxury SUV market. The 2025 Lynk & Co 08 EM-P continues to showcase the brand’s distinctive design […]
According to foreign media reports, Hyundai, Kia, Tata and Mahindra are lobbying India’s most populous state, Uttar Pradesh, not to provide incentives for hybrid cars, saying that such a move would help their rivals, Toyota and Maruti Suzuki, and would also strike a blow to India’s goal of popularizing […]
On August 5, the Society of Motor Manufacturers and Traders (SMMT) lowered its forecast for new car sales in the UK for 2024, citing weak demand in the private retail market for electric vehicles as a primary concern, Reuters reported. According to the SMMT’s latest forecast, new car sales […]