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Jun 11, 2024Suzuki To Close Thailand Auto Plant in 2025According to Nikkei, on June 7, Suzuki Motor Corporation announced that it will shut down its auto manufacturing plant in Thailand by the end of 2025 due to sluggish sales in th... -
Jun 10, 2024May Car Sales in Australia: Electric And Hybrid Vehicles Account For One-FourthAccording to media reports, data from the Federal Chamber of Automotive Industries shows that new car sales in Australia reached an all-time high in May. Sales of hybrid vehicle... -
Jun 10, 2024Porsche Reportedly Urged By Investors To Slow Down Electrification EffortsAccording to Bloomberg, Porsche shareholders are urging the luxury car manufacturer to slow down its electrification efforts as the global electric vehicle market's growth d... -
Jun 09, 2024Toyota Fuel Cell Project Completed, Set To Start Production in JulyOn June 7, Beijing Yizhuang officially revealed that the first phase of Toyota's fuel cell research and production project, one of the largest foreign investment projects in... -
Jun 09, 2024Fisker Owes Nearly $3.5 MillionAccording to media reports, electric vehicle manufacturer Fisker recently submitted an 8-K filing revealing that the company failed to repay loans totaling nearly $3.5 million l... -
Jun 08, 2024Porsche Is Being Asked By Investors To Slow Down Its Electrification OffensiveAccording to Bloomberg, Porsche shareholders have called on the luxury automaker to slow down its electrification offensive, as the slowdown in the global electric vehicle marke... -
Jun 07, 2024Volkswagen China Clarifies KI 10 Project Rumors: Aims To Improve Efficiency, ...On June 6, according to a report by Caixin, Volkswagen China addressed rumors about the establishment of a "K10" performance project aimed at reducing personnel costs ... -
Jun 07, 2024Jeep North America Head Departs StellantisAccording to media reports, a Stellantis spokesperson stated on June 6 that former Jeep North America head Jim Morrison has left the company. From June 2019 to December 2023, Mo... -
Jun 06, 2024US Energy Secretary: Raising Tariffs On Chinese Cars Crucial For American Aut...According to Reuters, on June 4th, US Energy Secretary Jennifer Granholm stated that the US plans to increase import tariffs on Chinese electric vehicles by four times, reaching... -
Jun 06, 2024Tesla's German Gigafactory To Halt Production For Five DaysAccording to media reports, Tesla plans to halt production at its Berlin-Brandenburg Gigafactory for five days. Tesla stated that this is a routine operational procedure, with n... -
Jun 04, 2024Targeting Low-Altitude Travel, Autoliv And XPeng HT Strengthen CooperationOn June 3, Autoliv China and XPeng HT signed a strategic cooperation agreement in Guangzhou. Based on a shared commitment to future travel safety, Autoliv and XPeng HT will coll...
