At the highly anticipated Technology Day event, Foxconn officially unveiled two new electric vehicle models-MODEL D and MODEL U. This launch marks a significant breakthrough for Foxconn in the electric vehicle sector, highlighting its foresight and innovation in smart mobility. MODEL D is a compact electric sedan designed for urban driving, emphasizing efficiency and affordability. Equipped with a high-performance battery, it offers a range of up to 450 kilometers, making it ideal for daily commutes. MODEL D also features a range of advanced driver assistance systems, enhancing safety and driving enjoyment. MODEL U, on the other hand, is a luxury electric SUV targeting the high-end market. With […]
On October 4th, representatives of EU member states voted to pass the draft of the European EU EU’s anti -subsidy case submitted by the European Commission, and planned to levy the final anti -subsidy tax on electric vehicles native to China. In this regard, Tania Gina, director of the German Industry Federation, issued a statement saying that the German industry called for continuing to continue negotiations to prevent trade conflicts from upgrading. Tania Gina issued a statement that the relevant decision should not end the conversation between the two sides. The German industry called for continuing […]
On October 4th, representatives of EU member states voted to pass the draft of the European EU EU’s anti -subsidy case submitted by the European Commission, and planned to levy the final anti -subsidy tax on electric vehicles native to China. In this regard, the European Union and the Chinese Chamber of Commerce strongly call on the European side to act prudently, delay the implementation of tariffs, and strive to friction and differences through dialogue and consultation. In the statement of the EU China Chamber of Commerce, on October 4, 2024, the media reported that EU member states […]
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 to strengthen the industrial chain coordinated layout in key components such as smart line control chassis, it agrees that the company’s wholly -owned subsidiary GAC Parts Co., Ltd. is based on the evaluation value of the target enterprise Chen Zhi Technology Co., Ltd. Enterprises make capital increase and obtain 30%equity. […]
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 between China and Europe. On October 8, China’s Ministry of Commerce said in a statement that the Chinese side is studying measures such as raising tariffs on imported large-displacement (engine displacement greater than 2.5 liters) fuel vehicles to firmly safeguard the legitimate rights and interests of Chinese industries and enterprises. […]
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 at affordable prices. In addition, the report also stated that the development time of the Volkswagen ID.2 electric compact car will be shortened from 50 months to 36 months. Volkswagen Group has made a model plan for the next 10 years (2024-2034). The following are some of the models that Volkswagen Group will launch […]