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...

Fisker, a prominent partner of Foxconn in the EV sector, is taking steps to expedite production and deliveries of its first all-electric SUV, the "Fisker Ocean." However, faced with slowing EV demand and the market leader Tesla initiating a price war, Fisker has joined the price reduction battle, an...

The world's largest automaker, Toyota (TM-US), announced on Thursday, the 19th, that its North American division has reached an agreement with Tesla (TSLA-US). Starting in 2025, Toyota's electric vehicles will adopt Tesla's North American Charging Standard (NACS). Prior to Toyota's announcement, ...

In March 2023, Xiaomi Chairman Lei Jun reiterated that Xiaomi's new energy vehicles (NEVs) would enter mass production in the first half of 2024. Fast forward to October 4, 2023, and reports indicate that Xiaomi's EV, codenamed MS11, has received certification from the Bluetooth Special Interest Gro...

Foxconn held its Tech Day on October 18, 2023, where Chairman Young Liu addressed the company's stance and strategy in response to the high growth of the EV market in mainland China, which significantly impacts the global EV industry. Liu began by discussing the prevailing trend of electric vehic...