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News

Understand automobile imports, stay informed about the latest developments and industry news

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Car News

Mengshi 917 and Special Edition: Unveiling at the 2023 Shanghai Auto Show

At the 2023 Shanghai Auto Show, the highly anticipated Mengshi 917 (specifications|inquiry) and the exclusive Lorenz Advanced Custom Edition will make their debut. The Lorenz Advanced Custom Edition is a...

2023-07-27 4061
Car News

Mengshi 917: A High-Performance Luxury Off-Road SUV Launching in 2023

A few days ago, Mengshi Automobile Technology Company revealed exciting news at a related conference: their first model, M18-2, is set to hit the market in 2023 under the name...

2023-07-27 5046
Car News

Volkswagen’s $700 Million Investment Boosts Xiaopeng Motors’ Stock Price by 40% in 40 Minutes

Volkswagen and Xpeng Motors Announce Joint Development of Two Electric Models Under Volkswagen Brand Following Volkswagen’s announcement of a technical cooperation framework agreement with Xiaopeng Motors and an investment of...

2023-07-27 4578
Car News

Xpeng and Volkswagen’s First Model: G9-Based Complete Vehicle Platform with Smart Cabin and Intelligent Driving Features

On July 26, Volkswagen and Xpeng Motors announced a technical cooperation framework agreement, with Volkswagen investing $700 million in Xpeng Motors. The collaboration will leverage Xpeng Motors’ vehicle platform, smart...

2023-07-27 4354
Car News

BYD: On Par with Tesla? Enabling Large Cylindrical Batteries

The “BYD Purchasing and Supply Management” public account recently issued a recruitment announcement, revealing its plans to openly recruit suppliers for fully automatic baking line equipment dedicated to large cylindrical...

2023-07-26 4262
Trade News

Weimar Motors Announces New Car ‘Ready to Set Sail,’ Expected to Resume Work and Production Soon

On July 25th, WM Motor made an official announcement on its official Weibo, stating that their new car is “ready to go” and prepared to set sail. The company shared...

2023-07-26 3675
Trade News

Tesla’s Q2 China Revenue Soars Over 50% to $5.7 Billion

In the second quarter of 2023, Tesla‘s revenue in the Chinese market reached $5.731 billion, marking an impressive year-on-year increase of 51.33% from $3.787 billion in the same period last...

2023-07-26 3446
Trade News

Indonesia’s New EV Incentives Aim to Attract BYD and Tesla

According to recent reports from foreign media, Indonesia is currently finalizing a set of new incentives aimed at attracting investments from electric car manufacturers. Senior Indonesian Minister, Luhut Pandjaitan, disclosed...

2023-07-26 4030
Egypt

Egypt’s Presidential Initiative: A Move to Replace Obsolete Vehicles

Minister of Finance, Mohamed Maait, revealed that the state’s general treasury has allocated EGP 675 million for a green incentive program supporting the purchase of 27,225 new natural gas-powered vehicles....

2023-07-26 4152
Russia

Driving Revival: Chinese Cars Lead the Resurgence of Russia’s Auto Factories

China’s Influence on Russia’s Auto Industry: The Resurgence of the Moskvich The relaunch of the classic Soviet-era car, the Moskvich, by a state-owned company last November was hailed as a...

2023-07-26 4175
Russia

Russian Car Market Makes a Strong Recovery, Surging by 50% — Industry Association Reports

Russian Car Market Records 50% Recovery, Sales Reach Nearly 440,000 Units MOSCOW, July 19. The Russian car market has shown a significant recovery, growing by 50%, according to the President...

2023-07-26 3748
Russia

Kyrgyzstan announces strengthened control over Russia’s re-export trade

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...

2023-07-26 4051