According to foreign media reports, on November 29, JPMORGAN Chase, US loan agency, agreed to revoke a lawsuit against Tesla. The lawsuit accused Tesla “blatantly” violated the contract signed by Tesla’s equity certificate to the bank in 2014. The two companies submitted a […]
According to foreign media reports, people familiar with the matter said that Stephen MA, chief financial officer of Japanese automobile manufacturer Nissan, is about to step down from the position of his chief financial officer. Another executive change experienced during the challenge period. It is reported […]
In October, the last month before the EU’s tariffs on Chinese electric cars officially took effect, Chinese electric car companies’ sales in Europe fell. According to data from research firm Dataforce, Chinese electric car companies such as SAIC MG and BYD accounted for 8.2% of European electric car registrations in October, down from 8.5% in […]
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 Bloomberg, the German government is preparing to invest billions of euros in the German semiconductor industry. Two people familiar with the matter said that the total subsidy provided by Germany is expected to be about 2 billion euros. The German Ministry of Economic A […]