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Aug 07, 2024Capacity Utilization in Germany's Automotive Industry Drops To Around 78%According to media reports, the Munich-based research institute Ifo Institute stated that the capacity utilization rate of Germany's automotive industry has dropped to aroun... -
Aug 07, 2024Fatal Crash Involving Tesla Cybertruck: NHTSA Seeks More InformationAccording to media reports, the National Highway Traffic Safety Administration (NHTSA) announced on August 5 that it is seeking more information from electric vehicle manufactur... -
Aug 06, 2024Aurora Raises $483 Million in FundingAccording to media reports, autonomous driving technology company Aurora Innovation aims to raise several hundred million dollars in additional funding to launch driverless cars... -
Aug 06, 2024UK Automotive Industry Association Lowers 2024 Full-Year Sales ForecastAccording to Reuters, on August 5th, the Society of Motor Manufacturers and Traders (SMMT) in the UK downgraded its forecast for new car sales in the UK for 2024, citing weak de... -
Aug 05, 2024U.S. May Impose New Chip Export Controls To ChinaOn July 31, Reuters exclusively reported, citing two informed sources, that the Biden administration plans to further tighten restrictions on chip exports to China and will issu... -
Aug 05, 2024U.S. Plans To Ban Chinese Software in Autonomous And Connected VehiclesAccording to Reuters, sources reveal that the U.S. Department of Commerce is expected to propose a ban on the use of Chinese software in autonomous and connected vehicles in the... -
Aug 04, 2024Volkswagen Group Profit DeclineAccording to the latest media reports, Volkswagen Group's operating profit for the second quarter of 2024 fell by 2.4%, as the automaker continues to cut costs and reshape i... -
Aug 04, 2024BMW's Second Quarter Profit DeclineAccording to the latest media reports, BMW's second quarter profit has declined, primarily due to a drop in sales in the Chinese market. Like many other automakers, BMW is f... -
Aug 03, 2024Canadian Union Calls For Strict Tariffs On Imported Chinese Electric Vehicles...According to Reuters, on August 1st, the Canadian union Unifor called on the federal government to impose tariffs on all Chinese-made electric vehicles, EV batteries, and other ... -
Aug 03, 2024Toyota Faces New Certification Violation Scandal, Citing Management OversightAccording to various international reports, Toyota Motor Corporation announced on Wednesday, July 31st, that it would cease sales of its Noah and Voxy multi-purpose vehicles in ... -
Aug 02, 2024Daimler Truck's Q2 Revenue Declines, Lowers Full-Year Performance ForecastAccording to Bloomberg, several truck manufacturers, including Daimler Truck Holding AG, have lowered their 2024 full-year performance forecasts due to weakened demand in the Eu... -
Aug 02, 2024Autonomous Driving Chips: The Chinese Contingent's Encirclement Of NvidiaAt last week's Technology Innovation Day, NIO unveiled the latest NIO World Model (NWM) in the autonomous driving field, claiming to possess dual core capabilities of spatia...
