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Tag: reduction
Onvo’s May deliveries up at least 40%, despite 40% reduction in sales staff, says William Li
Nio's sub-brand Onvo has seen a surge in deliveries this month, despite a significant reduction in its sales…
Mercedes-Benz plans workforce reduction in China
Mercedes-Benz is making strategic moves in China to reduce office-related costs by 25% by 2027, with plans to…
Nio CEO highlights importance of sales volume, cost reduction in internal meeting
Nio founder, chairman, and CEO William Li recently emphasized the importance of volume and cost reductions in an…
Tesla offers final payment reduction for existing Model Y cars in China, extends 5-year 0-interest financing to Jan 31
Tesla has made updates to its promotional policy for Model Y buyers in China as the expiration date…
EXCLUSIVE BYD targets 15% cost reduction with blade battery 2.0
BYD is gearing up to introduce its second-generation blade battery in the first half of 2025, with a…
195 Chinese vehicles experienced price reduction, Jan
The automotive industry in China has seen a significant increase in price reductions for vehicle models in the…