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Apr 25, 2024Cruise Reports $442 Million Loss in Q1According to media reports, General Motors stated that its autonomous driving subsidiary, Cruise, incurred a loss of $442 million in the first quarter, a 21% decrease year-over-... -
Apr 25, 2024Tesla Expects Layoff Costs To Exceed $350 MillionAccording to media reports, Tesla disclosed in a regulatory filing on April 24 that the company anticipates recording over $350 million in layoff costs for the second quarter du... -
Apr 24, 2024Momenta Teams Up With Qualcomm, Initiating Mass Production Collaboration For ...On April 23, Momenta Smart Travel and Qualcomm Technologies launched the Momenta HP370, an intelligent driving solution based on Qualcomm Technologies' latest Snapdragon Rid... -
Apr 24, 2024Tesla Leads As U.S. Electric Vehicle Registrations Drop 25% in February: Anal...In February, the registration of electric vehicles in the United States saw a 25% decline, marking a reversal from the continuous growth trend in recent years, with Tesla's ... -
Apr 23, 2024Germany's Car Market Declines By 6.2% Year-on-Year in March, Electric Vehicle...According to media reports, Germany's new passenger car registrations in March fell by 6.2% year-on-year to 217,388 units. However, for the first quarter of this year, the c... -
Apr 23, 2024Elon Musk Delays Visit To IndiaAccording to media reports, Tesla CEO Elon Musk has confirmed that his planned visit to India from April 21st to 22nd, 2024, has been canceled. Musk stated that due to the high ... -
Apr 22, 2024Tesla Reduces Prices GloballyAccording to Reuters, following price cuts in the U.S. market, Tesla has lowered prices in major global markets such as China and Germany to counter declining sales and intensif... -
Apr 22, 2024In March, Chinese Automakers Surpassed A 4% Market Share in Europe For The Fi...According to market research firm Dataforce, BMW and Renault emerged as the biggest winners in the European car market in March this year, while Chinese automakers also surpasse... -
Apr 21, 2024March European Car Market: Pure Electric Sales Drop By 11%, Tesla Sales Plung...According to data released by the European Automobile Manufacturers' Association (ACEA), as Volkswagen Group and Stellantis, among other automakers, face weak demand, especi... -
Apr 21, 20242024 Will Be A Challenging Year For The European Car MarketAs it stands, 2024 seems to be a year full of challenges for the European automotive market. In some aspects, the decline in new car sales in March in Europe also highlights the... -
Apr 18, 2024Codenbao's 2023 Fiscal Year Revenue Reached 11.9 Billion Euros, With The Auto...Recently, Codenbao released its 2023 financial report, showing a yearly sales revenue of 11.9 billion euros, a 1.3% year-on-year increase, and an operating profit of 1.1 billion... -
Apr 18, 2024Honda's New Electric Brand Ye To Launch 6 Models in The FutureOn April 16th, Honda R&D (China) unveiled its new electric brand "Ye" in Beijing. The brand plans to introduce 6 models in China by 2027. At today's launch eve...
