According to foreign media reports, General Motors will generate two more than 5 billion US dollars of costs and assets due to its Chinese business, one of which is related to business reorganization, and the other reflects the decline in the value of joint ventures. […]
Hyundai Motors has set another record in the U.S. sales. Hyundai’s impressive lineup of electric vehicles is spurring consumer demand, with the company’s best-selling IONIQ 5 SUV more than doubling sales in November from a year ago, setting a new monthly U.S. sales record. Hyundai sold 76,008 vehicles in the U.S. in November, and its […]
Sajjan Jindal, chairman and family owner of Indian steelmaker JSW, said JSW plans to launch its own electric car brand, marking the company’s entry into India’s growing electric car industry. Before announcing plans to launch an electric car brand, JSW announced in March this year a $1.5 billion joint venture with SAIC Motor to produce […]
According to foreign media reports, on December 3, the European Commission called for an EU fund with an additional 1 billion euros (about $ 1.1 billion) to support electric vehicle battery manufacturing because the current electric vehicle industry is facing pressure. The European Commission stated that […]
German metalworkers union IG Metall said that nearly 100,000 workers joined the strike at the German factories of Volkswagen Group, Europe’s largest automaker, to protest the company’s management’s plan to cut wages and close German factories, and threatened to take further union action. IG Metall revealed that 98,650 employees from nine factories in Germany participated […]
Adjustable spring rate suspension is designed to achieve a good balance between suspension performance and comfort, allowing users to adjust the spring strain rate according to specific conditions when using it. According to foreign media reports, a patent application recently published by the US Patent and Trademark Office (USPTO) shows that General Motors (GM) is […]