Tag: Business
Hon Hai promotes BEV contract assembly, licensing business in Japan
Hon Hai Precision Industry Company Ltd, popularly known as Foxconn, made headlines in the automotive industry with its…
Gasgoo Daily: Huawei’s intelligent automotive business in 2024 turns profitable for first time
Gasgoo Daily: Bringing You the Latest Automotive News in China Gasgoo Daily is your go-to source for the…
Xiaomi’s EV business brings in $2.25 billion in revenue in Q4, up 71.58% from Q3
Xiaomi's innovative business, which includes electric vehicles (EVs), showed promising growth in the fourth quarter of 2024. According…
Analysts expect Nio’s battery swap business to break even by end of 2026
Nio's battery swap business is set to see significant growth as car sales rise, with analysts predicting a…
Stellantis 2024 results hit by US business problems
Stellantis recently announced its full-year 2024 financial results, which were in line with previous guidance but highlighted the…
Northvolt to divest heavy industry battery business to Scania
Sweden’s Northvolt has recently announced the divestment of its Systems Industrial division, a crucial developer and manufacturer of…
Polestar sets growth targets with new business plan for 2025-2027
Polestar, the Geely-owned EV manufacturer, has unveiled a new business strategy aimed at achieving significant growth targets from…
RIZON could soon be the #1 truck in the #2 business
Portable bathroom company Diamond Environmental recently showcased its new, all-electric RIZON medium duty commercial truck at a San…
E-lixr pivots business to enable unified electric water taxi network
E-lixr, a young electric water taxi service, is shifting its business strategy to become the first operator of…
Why the global automotive business model might be dead
The dream of the global car industry to deploy the same technology across a range of brands around…
Voyager Tech, Shanghai MEKRA Lang to build joint venture for CMS business development
Shanghai MEKRA Lang and Voyager Tech Collaborate to Establish Joint Venture for CMS Business Development Shanghai (Gasgoo)- In…
CATL planning to establish a battery recycling business in Europe, report says
CATL, the prominent Chinese electric vehicle (EV) battery manufacturer, is currently in talks to establish battery recycling facilities…