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, […]
Toyota Motor Corporation recently announced a $500 million investment in U.S. flying car company Joby Aviation, further solidifying its strategic position in the future mobility sector. This investment reflects Toyota’s confidence in Joby’s growth potential and underscores the automaker’s proactive stance in exploring new transportation solutions. Joby Aviation is a startup focused on electric […]
According to Reuters, on October 2, the Italian Automobile Industry Federation (FIM-CISL) said that due to continued weak market demand, especially for electric vehicles, automaker Stellantis’s car production in Italy this year will fall below 500,000 from 751,000 in 2023. Ferdinando Uliano, head of FIM-CISL, said that “if the trend in the third quarter […]
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 […]