According to foreign media reports, industry data released by British Automobile Manufacturers and Trade Associations (SMMT) shows that in September this year, British automobile production fell for the seventh consecutive month because the factory gradually reduced the production of existing models in order to transform the transformation in order to transform the transformation , Prepare for the production of new zero -emission vehicles (ZEV). SMMT said that in September, a total of 70,039 cars in the UK were offline, a year -on -year decrease of 20.6%. This drop is due to the strong performance of September last year, […]
Tesla recently announced its financial results for the third quarter of 2024, showcasing strong performance. According to the report, the company’s vehicle sales increased by 6.4% year-over-year, reaching 462,890 units. Meanwhile, total revenue grew by 8% to $25.2 billion. In the automotive segment, Tesla also experienced positive growth, with automotive revenue rising by 2% to $20 billion. Notably, the automotive sales profit margin improved from 14.3% in the previous quarter to 17%, exceeding analysts’ expectations of 14.9%. This increase reflects Tesla’s success in controlling costs and optimizing production efficiency. The company’s net profit was equally impressive, totaling $2.2 billion, a 17% increase compared to the same period last year. Tesla […]
According to Reuters, the Deputy Minister of Foreign Trade, Mexico, said in an interview that Mexico is considering providing tax -credit preferential policies in an interview to attract foreign companies to invest and produce in Mexico. Battery and electronic products and other fields. At present, the new Mexican government is evaluating how to attract more investment, because companies are seeking to move the supply chain to a region that is closer to its main market. At the same time, on the eve of the US presidential election, the United States is experiencing a period of turbulent and […]
Hyundai recently announced its plans to launch the electric version of the popular Creta SUV in India, aiming to strengthen its competitiveness in the electric vehicle market. This announcement came after Hyundai Motor India Ltd. successfully completed a record-breaking $3.3 billion initial public offering (IPO). However, despite the stock being priced at ₹1,960 at the opening on the Bombay Stock Exchange, it quickly fell nearly 6%, dropping to ₹1,844.65. This development has garnered market attention, as investors are keenly anticipating the future performance of the new electric model. Hyundai is making significant moves in India, one of the fastest-growing automotive markets globally, to maintain its position and continue expanding. The […]
According to foreign media reports, German Chancellor Olaf Scholz said at the opening ceremony of the first battery recycling factory in Mercedes -Benz that German car manufacturers should not be afraid of competition from China. “Some people say that China has done better in electric vehicles than us. German companies don’t need to be afraid of this competition.” He pointed out that the German automobile industry has endured competition from South Korea and Japan in the past. He also reiterated that Germany opposed the EU’s tariffs on electric vehicles produced in China, and emphasized that Germany should improve […]
According to foreign media reports, German automotive manufacturer BMW has officially launched two Designwerk electric trucks at its Leipzig plant. These electric trucks will provide transportation services between the high-voltage battery production workshop and the parts supply warehouse. Compared to traditional diesel trucks, this initiative is expected to reduce carbon dioxide emissions by approximately 9 tons annually, marking a significant advancement in BMW’s commitment to sustainability and green production. By introducing electric logistics, BMW not only enhances operational efficiency but also reinforces its dedication to environmental goals. Petra Peterhänsel, head of the BMW Leipzig plant, believes that the use of these two all-electric trucks is an important milestone. He said: […]