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Renault executives: The production speed of Renault electric vehicles has been comparable to that of China

According to foreign media reports, Franck Naro, head of Renault's industrial strategy, announced at the Automotive News European Conference held in Frankfurt that Renault 5 small electric vehicles will be put into production in its factory in Douai, France, later this summer. At that time, the production of each vehicle will only take 9 hours. This production speed can match that of the most competitive Chinese electric vehicle manufacturers
2024-06-18 09:35

Germany tries to prevent or reduce EU tariffs on Chinese electric vehicles

According to foreign media reports on June 14, Germany hopes to prevent the new tariffs imposed by the EU on Chinese electric vehicles from taking effect, or at least reduce the tariff range. Olaf Scholz, the German Prime Minister, had previously warned that tariffs might harm global trade, and called on the EU to engage in dialogue with China with a view to reaching a "friendly" solution in early July. At the same time, for
2024-06-18 09:33

How does the tram go to the "pyramid tip" of the super luxury market?

"Will not give up the internal combustion engine" seems to be Ferrari's attitude that has been constantly reiterated in recent years when faced with the situation that new energy vehicles have "entered" the fuel vehicle market on a large scale. Gesch noticed that Bloomberg reported that Ferrari CEO Benedetto Vigna said that Ferrari would not give up the internal combustion engine in the next few years. But it also emphasizes that
2024-06-18 09:29

Global electric vehicle sales in April: Tesla Model 3 fell to the 7th

According to data from CleanTechnica, 1221181 electric vehicles (including pure electric vehicles and plug-in hybrid vehicles) were registered worldwide in April this year, up 25% year on year. Among them, the registration of pure electric vehicles increased by 14% year on year, and plug-in hybrid vehicles increased by 51% year on year. In that month, electric vehicles accounted for 18% of the global automobile market. 4...
2024-06-18 09:27

Ford removes restrictions on electric vehicle dealers to promote sales

According to foreign media reports, Ford Motor Company will soon allow all its dealers to sell electric vehicles, and change the more selective distribution system previously formulated, hoping to improve the lower than expected sales of electric vehicles. Ford's move will take effect on July 1 this year, breaking the previous rule that dealers only invest in training and infrastructure
2024-06-18 09:25

The automobile inventory in the United States has been less than 3 million for four consecutive years

According to foreign media reports, the data released by Cox Automotive, an industry watcher, showed that the inventory of new cars in the United States rose slightly again in May, but it has been below the level of 3 million for four consecutive years. According to Cox's latest estimate, the inventory of cars in the United States in May was 2.89 million, and the supply was 73 days, higher than about 2.86 million a month ago. In the same period last year, the inventory of cars in the United States was 190
2024-06-18 09:23

Toyota scandal may benefit Hyundai and Kia

According to foreign media reports, Korean automakers Hyundai and Kia may benefit from Toyota's scandal. Recently, executives and industry experts in the automotive industry said that consumers' demand for South Korean cars may increase, especially in emerging markets such as India and Southeast Asia, when the corporate image of Japanese automakers is damaged. Not long ago, Toyota
2024-06-18 09:22

Zero Run started to produce electric vehicles in Stellantis Poland factory

Jeffery analysts quoted the management of ZeroRun as saying that the joint venture between ZeroRun and Stellantis has begun to produce ZeroRun electric vehicles in Stellantis's factory in Tihei, Poland. The first batch of T03 small electric vehicles were launched from the Stellantis assembly plant in Poland last week, and will be mass produced in September as planned.
2024-06-18 09:21

Warren Buffett once again reduced his stake in BYD

According to the document submitted to the Hong Kong Stock Exchange on June 17, Berkshire Hathaway, an investment company under Warren Buffett, the "god of shares", recently sold 1.3 million shares of BYD listed in Hong Kong at a price of 310.5 million Hong Kong dollars (39.8 million US dollars), which reduced its shareholding in BYD's issued H shares from 7.02% to 6.9%.
2024-06-18 09:19

Which brands are most affected by the EU's "countervailing duty"

The EU will continue to impose "countervailing tax" on China's electric vehicles. Most of the vehicle enterprises involved have made a noise, and a few have taken countermeasures. On June 12, the European Commission announced that if a solution could not be reached with China, 17.4%, 20% and 38.1% of the sampled companies of BYD, Geely Automobile and SAIC Group would be levied from July 4
2024-06-18 09:12
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