Against the backdrop of the rapid development of the global new energy vehicle market, Huawei recently announced that the latest valuation of its automotive business unit (Automotive BU) has reached 115 billion yuan (about 16 billion US dollars). This valuation not only reflects Huawei’s strong growth momentum in the field of new energy vehicles, but […]
On August 15, smart LiDAR solution provider RoboSense announced its interim results for the first half of 2024 (H1 2024), highlighting significant growth driven by the booming automotive and robotics markets. The company reported total revenue of 727 million yuan, marking a year-over-year spike of 121%. […]
August 19, 2024 – According to the latest market data, Indonesia’s automotive sales experienced an 8% year-on-year decline in July 2024, indicating some challenges facing the country’s auto industry. According to the report released by the Indonesian Automotive Industry Association (GAIKINDO), new car sales in Indonesia for July 2024 totaled approximately 72,000 units, compared […]
According to foreign media reports, since a Mercedes-Benz electric car caught fire in South Korea in early August, the issue of fire safety has once again become a hot topic, prompting not only the South Korean government to require electric car makers to disclose their battery suppliers, but […]
The United Auto Workers (UAW) said on August 14 that it is mobilizing its one million active and retired workers across the United States to vote for Kamala Harris in the November 5 election, providing a potential boost to the Democratic candidate in key states, according to foreign media reports.UAW […]
August 16, 2024 – New data reveals that Vietnam’s car sales in July 2024 increased by 8% compared to the same period last year, marking a strong recovery in the country’s automotive market. According to statistics from the Vietnam Automobile Manufacturers’ Association (VAMA), this growth trend indicates sustained consumer demand for new vehicles and a […]