Tesla is expected to have another tough quarter as expectations for its electric vehicle deliveries decline, according to foreign media reports. Last quarter, Tesla had delivery difficulties, delivering only 386,810 vehicles, a 20% decrease from the previous quarter and an 8.5% decrease from the previous year. Given Tesla’s pivotal position in the electric vehicle […]
According to foreign media reports, the Hyundai Automobile Company Korean Trade Union stated on June 24 that after the company’s negotiations that increased wages and extended their retirement age with the company fell into a deadlock, the union members decided to take a strike through voting. […]
A few days ago, at the routine press conference held by the Ministry of Commerce, He Yadong, deputy director and spokesman of the General Office of the Ministry of Commerce, pointed out that in response to media questions, the European Commission collected the types of information in the […]
According to foreign media reports, Delta Electronics, a intelligent green solution provider based on the Internet of Things, announced a joint innovation laboratory with global semiconductor supplier Texas Instrument (TI). Combined with the innovative technologies and rich experience in the field of digital control and nitrogen (GAN), […]
Global automaker Stellantis announced that it will further cut its workforce to adapt to the ongoing transformation of the electric vehicle market. The company’s chief financial officer Natalie Knight revealed that the plan will focus mainly on the North American market and include measures to outsource some engineering work. Stellantis’ decision is part of […]
San Antonio, Texas, June 24, 2024 — Toyota has confirmed plans to invest $531 million in its assembly plant near San Antonio, Texas. This significant investment is aimed at producing “powertrain components” for the Tundra and Sequoia vehicles, creating over 400 new jobs in the region. Boosting Local Manufacturing Toyota’s investment will enhance its […]