Xiaomi's venture into automotive industry takes a significant stride as the company's latest models, SU7 and SU7 Max, makes its debut in the latest catalog from China's Ministry of Industry and Information Technology. The listed entity is Beijing Automotive Group Co., Ltd. (BAIC), marked by the dist...

According to the article written by Tony Chen, Head of Investment Research at UBS Asset Management, the European Commission initiated an investigation in October into Chinese electric car manufacturers suspected of receiving national subsidies. The EU believes that Chinese state subsidies will creat...

According to IJIWEI News, two Indian government officials have revealed that India is considering Tesla's request to reduce import duties on electric vehicles as an enticement for the company to establish a factory in the country. Tesla has reportedly indicated that establishing a facility in Ind...

According to IJIWEI's news, during the Huawei Smart Mobility Conference held on November 9, Huawei, in collaboration with Chery, unveiled its first smart electric sedan, the Luxeed S7. Priced at a starting pre-sale cost of 258,000 RMB. Huawei had previewed the release of Luxeed S7 during a product l...

Ford announced the withdrawal of its full-year financial forecast due to the impact of the recent labor strike and ongoing challenges in the EV sector. Most consumers are reluctant to pay higher prices for electric cars compared to traditional or hybrid vehicles. Ford also postponed its planned $12 ...