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Kyrgyzstan announces strengthened control over Russia’s re-export trade
2023-07-26 Russia / Local News / News
Introduction: In recent times, there have been speculations regarding the possibility of products supplied to Russia through certain countries, including Kyrgyzstan, facing sanctions due to Russia's military actions and growing trade with Central Asian nations. Amid these concerns, the United States has been considering the implementation of sanctions against Kyrgyzstan.…
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What is the extent of BYD’s international sales and its performance in foreign markets?
2023-07-25 Car News / News
So far, BYD has established production bases in various countries including the United States, Japan, Canada, Brazil, and India. They export new energy vehicles to numerous overseas countries and regions, resulting in significant sales abroad. In 2022 alone, BYD exported a total of 5,590 new energy vehicles. [caption id="attachment_3984" align="aligncenter"…
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Mercedes CEO: China to Lead Next EV Offensive from 2025 Onward
2023-07-25 Car News / News
Despite facing temporary challenges in sales, German luxury automaker Mercedes-Benz is optimistic about the Chinese market's potential. The upcoming e-architecture launching in 2025 will mark the beginning of Mercedes-Benz's ambitious electric offensive, with China positioned as the central focus, according to CEO Ola Kaellenius in an interview with German automotive…
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Li Auto Clarifies Reasons Behind Lawsuit Against Auto Film Store with Same Chinese Name
2023-07-25 Car News / News
[caption id="attachment_4271" align="aligncenter" width="1134"] Li Auto L7[/caption] Li Auto, the Chinese electric vehicle manufacturer, has provided further explanation regarding its lawsuit against an auto film store that shares the same Chinese name. The company stated that it respects the fair use of the term "Li Xiang" by other companies and…
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China’s Economic Planner NDRC Holds Meeting with 6 Private Firms, Including Nio
2023-07-25 Car News / News
NDRC Engages with Private Firms, Including Nio, for Economic Insights (Image credit: Auto in China) China's National Development and Reform Commission (NDRC) recently held meetings with several private companies, including Nio, to seek their advice on revitalizing the country's private sector. Deputy Director Cong Liang led a meeting with six…
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Understanding the Surprising Rise, Not Fall, of New Energy Electric Vehicle Prices in Central Asia
2023-07-25 Uzbekistan / Local News / News
The prices of new energy electric vehicles (NEEVs) in Central Asian countries have remained notably higher than domestic ones, and this trend may persist until market supply and demand find equilibrium. Several objective factors contribute to the higher prices, including international logistics, customs taxes, brand premiums, and vehicle availability. Understanding…
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