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Li Auto’s Strategic Focus on Domestic Market Continues until 2025, Despite Private Vehicle Exports
2023-07-19 Trade News / News
In the first two weeks of July, over 200 Li Auto vehicles were privately exported to Central Asia and the Middle East, according to the CEO. (Image from Li Auto CEO Li Xiang's Weibo.) Li Auto (NASDAQ: LI) will not enter overseas markets until 2025, despite some demand for its…
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Dongfeng Honda’s New Strategy: No More Combustion Vehicles by 2027, Plans to Launch Over 10 Electric Vehicles by 2030
2023-07-18 Trade News / News
Dongfeng Honda Unveils New Strategy: No More Combustion Vehicles by 2027, Plans to Launch Over 10 Electric Models by 2030 On July 18th, Dongfeng Honda held its 20th-anniversary event and announced its new strategy, codenamed 'Creating the Future 2030'. According to official sources, Dongfeng Honda is expected to cease the…
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Volkswagen Group’s Global Sales Surge by 12.8% in the First Half of the Year
2023-07-18 Trade News / News
Volkswagen Group's Global Sales Surge by 12.8% in the First Half of the Year, Pure Electric Vehicle Sales Soar by 48% In 2022, Volkswagen Group faced a challenging year with deliveries hitting a new low in 11 years due to supply constraints and production pauses. In the first half of…
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Cadillac Files Regulatory Filing for New Electric SUV ‘Optiq’ in China
2023-07-18 News / Trade News
"Cadillac Files Regulatory Filing for New Electric SUV 'Optiq' in China's Competitive Market" Cadillac, the luxury brand of General Motors, has submitted a regulatory filing for a new electric SUV called the Optiq in China, aiming to offer a fresh choice amidst intensifying competition in the market. China's Ministry of…
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BYD Seeks Approval to Manufacture EVs and Batteries in India, According to Report
2023-07-17 Trade News
"BYD Submits $1 Billion Proposal for EV and Battery Production in India, Aims for Significant Market Presence" BYD has reportedly submitted a $1 billion investment proposal to a local company in India, seeking to establish a partnership for the production of electric vehicles (EVs) and batteries in the country, as…
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Li Auto Files for Production of 3 Existing Models at New Beijing Plant to Address Sales Bottleneck Caused by Capacity Shortage
2023-07-17 Trade News
"Li Auto Files for Production of 3 Existing Models at New Beijing Plant to Address Capacity Shortage Impacting Sales Growth" Li Auto, headquartered in Beijing, is set to build its three existing models at a new plant in the city, in addition to its Changzhou plant in Jiangsu province. The…
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