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Tesla Q3 revenue misses estimates while EPS and margins beat
Tesla has announced that it expects to see a slight increase in vehicle deliveries in 2024 despite the current macroeconomic conditions. This news comes after the company delivered an earnings…
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Rox Motor delivers record 1,268 cars in Dec
Chinese electric vehicle (EV) startup Rox Motor made headlines yesterday as it announced record-breaking delivery figures for the month of…
SAIC’s MG Motor to produce cars locally in Egypt
MG Motor, a subsidiary of SAIC Motor, has announced plans to begin local production in Egypt, marking a significant step…
Deepal sees 400,000th car roll off line, targets 500,000 sales in 2025
Deepal Achieves Milestone with 400,000th Car Produced and Targets 500,000 Sales in 2025 Deepal saw deliveries surpass 36,000 units in…
IM Motors gets L4 autonomous driving road test license
IM Motors, a Shanghai-based company, has officially obtained its L4 driverless road test license, as announced by Wang Kang, the…
Hesai delivers more than 100,000 LiDARs in Dec
Chinese LiDAR manufacturer Hesai Group (NASDAQ: HSAI) made a groundbreaking announcement today, revealing that it had successfully delivered over 100,000…
China NEV sales in 2025 estimated to rise by 30% to 16.5 million
China's new energy vehicle (NEV) sales are set to soar in 2025, with experts predicting a significant increase in both…
GAC unveils humanoid robot GoMate, plans to start small-scale production in 2026
GAC Group has recently introduced its latest innovation, the humanoid robot known as GoMate, at an event in Shanghai. This…
China NEV retail at 817,000 in Dec 1-22, up 4% from same period last month
China has seen a significant increase in the retail sales of new energy vehicles (NEVs) this year, with cumulative sales…