According to Reuters, on October 4, the Society of Motor Manufacturers and Traders (SMMT) warned that the UK electric vehicle market may not be able to achieve its expected targets under the Zero Emission Vehicle (ZEV) regulations by 2024 and called on the New Labour government to introduce incentives […]
According to the latest statistics, a total of 39,931 new cars were delivered in September. From January to August, the average transaction price of all models of Harmony Zhixing reached 399,000 yuan, which was further increased compared with 381,700 yuan in July. At present, Harmony Zhixing has three brands, Wenjie, Zhijie and Xiangjie, […]
To boost sales, Ford Motor Company has announced that it will provide free home chargers to electric vehicle consumers in the United States by the end of 2024. This new initiative aims to reduce the cost of ownership for consumers and enhance the appeal of electric vehicles, particularly in the context of increasing market competition. […]
On September 30, 2024, British luxury car manufacturer Aston Martin issued a warning that, due to disruptions in the automotive parts supply chain and a sluggish Chinese market, the company expects its core profits for the year to decline. Additionally, Aston Martin has lowered its full-year production forecasts. This news triggered significant market attention, causing […]
In August 2024, Chinese electric vehicle sales in the European market fell by 48% year-on-year, a phenomenon that has garnered widespread attention within the industry. The decline in sales is primarily attributed to intensified market competition, heightened consumer demands for product performance and pricing, as well as supply chain challenges faced by some brands. Amidst […]
According to foreign media reports, the U.S. National Highway Traffic Safety Administration (NHTSA) said on September 27 that Toyota Motor Corp. will recall more than 42,000 vehicles in the U.S. due to the malfunctioning of the Power Brake Assist system in these vehicles, which may lead to longer braking distances. […]