Your daily updates around automobile industry
Credits: www.simplywall.st Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Basically this means that a company has profitable […]
Credits: www.globaltimes.cn Business representatives from both China and the US expect closer ties to jointly develop the auto industry that is directed at smart electric vehicles (EVs). They are calling for an open and fair business environment despite the ongoing tensions between the world’s two largest economies. Xu Haidong, assistant secretary general of the China […]
Credits: www.livemint.com Tesla Inc. cars have been banned from Chinese military complexes and housing compounds because of concerns about sensitive data being collected by cameras built into the vehicles. The order, issued by the military, advises Tesla owners to park their cars outside of military property, according to people familiar with the directive who asked […]
Credits: www.techstory.in For years, the Automobile sector has been dominated majorly by either European automakers or Americans. Be it Volkswagen, General Motors, or now, Tesla. Yes, Japanese automakers like Toyota and Mitsubishi, but when you consider the majority, it’s pretty much between the USA and Europe. THE RISE OF CHINA IN EVS But the tide […]
Credits: www.caradvice.com One of China’s biggest electric vehicle companies signs right-hand drive distribution agreement with Australian-owned company. One of China’s largest electric vehicle companies BYD has signed an agreement to sell cars in Australia, with the first cars due to arrive next year. BYD has been experimenting in Australia with a handful of cars since 2015 – […]
Has a switch to petrol power improved the blistering Audi SQ7 SUV? We find out… Verdict The Audi SQ7 makes a case for itself as the performance SUV to buy if you still value comfort alongside pace. It’s not as exciting as rivals from Mercedes or BMW, but its potential as a long-distance cruiser and […]
While Tesla’s Model 3 sedan is supposedly taking the world by storm, some hot competition has been reported in China. The Hongguang MINI EV has eclipsed the offspring of Elon Musk to become the country’s best-selling electric vehicle. Though at just 28,800 yuan ($4,200), it hardly seems a fair comparison. Tesla’s minimalist sedan is larger […]
With the current upheaval in diplomatic ties between New Delhi and Beijing, we look and analyse how AtmaNirbhar is really in the Auto Sector and the ways the industry has been impacted owing to humongous supply chain disruptions that the Galwan Valley situation has brought with it. As enticing as it may sound for India […]
Nio Founder and Chairman William Li told reporters Thursday the Chinese electric car company plans to venture into other markets starting in the second half of next year. The company would like to begin with Europe, and enter other major global markets in the next few years, Li said. Nio also announced Thursday a “battery-as-a-service” […]
As China’s economy continues its recovery, the automobile industry witnessed sales growth for three consecutive months, Securities Times reported on Tuesday. China’s auto sales are projected to increase 11 percent year-on-year to 2.28 million in June, according to the China Association of Automobile Manufacturers. The auto market as a whole has returned to positive growth […]