Industry News
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The motion control market is expected to grow at an average annual rate of 5.5% by 2026
Introduction: Motion control products are used in all industries that require precise, controlled motion. This diversity means that while many industries currently face an uncertain future, our mid- to long-term forecast for the motion control market remains relatively optimistic, with sales proj...Read more -
U.S. Department of Transportation Announces Construction of Electric Vehicle Charging Stations in 50 U.S. States
On September 27, the U.S. Department of Transportation (USDOT) said it had approved ahead of schedule plans to build electric vehicle charging stations in 50 states, Washington, D.C. and Puerto Rico. About $5 billion will be invested over the next five years to build 500,000 electric vehicle char...Read more -
China has achieved corner overtaking in the field of new energy
Introduction: Now the opportunities for local automotive chip companies are very obvious. As the automobile industry changes lanes from fuel vehicles to new energy sources, my country has achieved corner overtaking in the new energy field and is at the forefront of the industry. For the second ha...Read more -
Wuling brand and Hongguang MINIEV won the double first place in China’s own brand and China’s pure electric vehicle preservation rate
In September, the China Automobile Dealers Association jointly released the “Report on China’s Auto Value Preservation Rate in the First Half of 2022″. Wuling Motors ranked first in China’s own brand value preservation rate with a three-year value preservation rate of 69.8...Read more -
The first batch of VOYAH FREE is officially shipped to Norway, and the delivery will start soon
Following Xpeng, NIO, BYD and Hongqi, another Chinese new energy product is about to land in Europe. On September 26, VOYAH’s first model, VOYAH FREE, departed from Wuhan and officially set sail for Norway. After the 500 VOYAH FREEs shipped to Norway this time, delivery to users will be sta...Read more -
BMW to sell 400,000 pure electric vehicles in 2023
On September 27, according to foreign media reports, BMW expects that the global delivery of BMW electric vehicles is expected to reach 400,000 in 2023, and it is expected to deliver 240,000 to 245,000 electric vehicles this year. Peter pointed out that in China, market demand is recovering in th...Read more -
Open up a new territory and launch the international version of Neta U in Laos
Following the launch of the right-hand drive version of Neta V in Thailand, Nepal and other overseas markets, recently, the international version of Neta U landed in Southeast Asia for the first time and was listed in Laos. Neta Auto announced the establishment of a strategic partnership with Keo...Read more -
In the global pure electric vehicle market, Tesla’s share has dropped to 15.6%
On September 24, market analysis blogger Troy Teslike shared a set of quarterly changes in Tesla’s share and deliveries in various global markets. Data show that as of the second quarter of 2022, Tesla’s share of the global pure electric vehicle market has dropped from 30.4% in the f...Read more -
The development of new energy vehicles is a trend and an irreversible trend in the development of the automobile industry
Introduction: With the deepening of research, China’s new energy vehicle technology will be more perfect. More comprehensive support from national policies, injection of funds from all aspects and learning from advanced technologies from other countries will promote the development of new e...Read more -
New energy vehicles will definitely be the top priority of the future auto industry
Introduction: At the new energy vehicle conference, leaders from all over the world and all walks of life talked about the new energy vehicle industry, looked forward to the industry prospects, and discussed the future-oriented innovative technology route. The prospect of new energy vehicles is w...Read more -
Hertz to buy 175,000 electric vehicles from GM
General Motors Co. and Hertz Global Holdings have reached an agreement through which GM will sell 175,000 all-electric vehicles to Hertz over the next five years. It is reported that the order includes pure electric vehicles from brands such as Chevrolet, Buick, GMC, Cadillac and BrightDrop....Read more -
NIO to hold NIO Berlin launch event in Berlin on October 8
NIO Berlin European conference will be held in Berlin, Germany on October 8, and will be broadcast live globally at 00:00 Beijing time, marking the full entry of NIO into the European market. Previously, the NIO Energy European plant invested and constructed by NIO in Biotorbagy, Hungary, has co...Read more