Foxconn Plans To Pivot From IPhones To EVs Amid Rising US-China Tensions
When people hear the name Foxconn, they often think of factories in mainland China producing US-designed iPhones. However, as tensions between the two countries become increasingly volatile, the company is plotting a course to manufacture electric vehicles in facilities outside…
Audi Chief Sets Sights on China in Electric Car Catch-up
Audi has to speed up development of new models to meet a surge in demand for electric vehicles, especially in China, the German luxury carmaker’s CEO said in an interview with Reuters published on Thursday. “We are in the process…
China’s Luxury EV Maker HiPhi Unveils Interior Images of HiPhi Y SUV
HiPhi, the Chinese luxury electric vehicle brand owned by Human Horizons, revealed the official interior design images of its third model, the HiPhi Y. According to the images newly released, the HiPhi Y’s interior design retains the architectural concept of…
Philippines Says China’s Yadea To Invest $1 Billion In EV Battery Plant
China’s Yadea Group Holdings, one of the world’s biggest electric two-wheeled vehicle makers, plans to invest about $1 billion in a battery factory in the Philippines, the country’s investment promotions agency chief said on Thursday. Yadea is one of a…
Toyota Plans Electric Vehicle With Solid-State Battery In ’27-28
Toyota Motor Corp., playing catch-up in the fast-expanding market of electric vehicles, said it plans to roll out a next-generation car fueled by a solid-state battery as early as 2027 that has double the range of conventional models. Its new EV is expected…
New Buick Electra E4 Unveiled As The Second Ultium EV For China
It has been well documented that China is a major market for EVs and Buicks, so it should not come as a surprise that the GM brand has already unveiled two brand-new all-electric crossovers in the market. The second, the…
Saudi Arabia signs $5.6bln deal with Chinese EV company
Saudi Arabia’s Ministry of Investment has signed a $5.6 billion deal with Chinese electric car maker Human Horizons to collaborate on the development, manufacture and sale of vehicles, the Saudi state news agency said in a statement. The agreement accounts…
Nio Said Not To Join China’s EV Price War. Now It’s Cutting $4K Across All Models
Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the world’s largest…
VW’s China Joint Venture Transforms Shanghai Plant For EV Production
Volkswagen’s Chinese joint venture with SAIC Motor has transformed one of its plants in Shanghai for production, research and development of electric vehicles (EV), the German automaker said on Tuesday. Production of internal combustion engine models at the main plant of…
Lucid Stock Rises On Plans To Join China’s EV Market
Reuters is reporting that luxury electric-vehicle maker Lucid is planning to sell imported cars in China, the world’s largest automobile market. The move would create further competition with Tesla, one of the largest EV sellers in the nation. All right….
