Tag: reportedly
Neta reportedly received 818 million USD injection – to double overseas sales
Neta, a troubled Chinese car maker, recently secured a substantial investment of 6 billion yuan (equivalent to 818.8…
Mercedes reportedly delays production of all-electric CLA sedan in China due to software issues
German luxury carmaker Mercedes-Benz has encountered a setback in the production of its all-electric CLA sedan in China.…
Neta reportedly downsizing directly operated stores, retaining dealer outlets
Neta Auto is currently undergoing a significant restructuring of its channel system, as reported by local media outlets.…
Korean Battery Makers LG Energy Solution, Samsung SDI, and SK On Reportedly Hit by Lower Utilization
The recent merger between Japanese automakers Nissan and Honda has brought to light the increasing competition from Chinese-made…
Elon Musk reportedly discussed a Tesla battery factory in South Africa
Recent reports suggest that Elon Musk, CEO of Tesla, discussed the possibility of building a battery factory in…
Lexus Reportedly Confirms Shanghai Production, Targeting 2027 for New Electric Vehicles
Toyota Motor Corporation has reportedly finalized plans to establish a new electric vehicle (EV) factory in Shanghai, dedicated…
Eve Energy reportedly becomes Tesla’s 6th battery supplier
Eve Energy, a Chinese lithium battery maker, has reportedly secured a supply agreement with Tesla for energy storage…
Construction of Tesla’s Shanghai Megafactory reportedly nears completion
Shanghai Megafactory by Tesla to Complete Construction by 2024 Shanghai (Gasgoo)- The Shanghai Megafactory by US electric vehicle…
Nio reportedly restructures smart driving team to accelerate use of end-to-end tech
Nio is making adjustments to its smart driving team for the second time this year, aiming to accelerate…
CATL reportedly mulling HK listing to raise at least $5 billion
Contemporary Amperex Technology Co Ltd (CATL) is considering a second listing in Hong Kong that could raise at…
Honda and Nissan Reportedly Enter Merger Talks Amid Rising EV Competition from China
Japanese Automakers Honda and Nissan in Talks for Potential Merger Recent reports from Central News Agency and Nikkei…
BYD reportedly sets up new R&D team to ramp up AI investment
BYD has recently established an advanced technology research and development center dedicated to artificial intelligence (AI) and large…