Automaker Insights

Xiaomi unveils ambitious automotive plans in its Q1 2024 financial report.

Cost-effectiveness, return on investment, and the desire to experience new things are key factors driving this shift.

Who knew the underperformance of a single model could spark such a profound change in the automaker’s strategy?

The automakers are planning local productions to crack a market dominated by Japanese players.

The Onvo sub-brand expands Nio’s electric vehicle lineup beyond its focus on premium consumers.

Factory utilization for new energy vehicles has dropped to 50%, far below the breakeven point.

Chery’s chairman has promised a surge of electric vehicle models over the next 20 months, hinting at an ambitious expansion.

Despite the recent success of the iCar 03, Chery still has more ground to cover if it intends to catch up with its NEV competitors.