We’re clearing Chinese language automotive producers on the Czech market. There are various manufacturers, however solely one among them is profitable. The enlargement just isn’t occurring (but) – Garáž.cz

We’re clearing Chinese language automotive producers on the Czech market.  There are various manufacturers, however solely one among them is profitable.  The enlargement just isn’t occurring (but) – Garáž.cz

The Czech marketplace for new vehicles couldn’t recuperate after the covid pandemic, when automotive corporations needed to cope for a very long time with the pressured break in manufacturing because of the lack of manufacturing components and different issues. Not too long ago, nevertheless, gross sales have been rising once more, which not solely conventional … Read more

Nio ET9 Luxury Electric Sedan with Innovative SkyRide System Shakes Snow Off Like a Dog – Available for Pre-Order in China

Nio ET9 Luxury Electric Sedan with Innovative SkyRide System Shakes Snow Off Like a Dog – Available for Pre-Order in China

The video shows the ET9 shaking the snow off its body in just a few seconds, just like dogs do. This feature is a product of the $112,000 ET9’s intelligent chassis system known as “SkyRide.” This system integrates the electric steering control system, rear wheel steering and fully active suspension to ensure smooth rides even … Read more

Revolutionary Solid-State Battery Technology in Mass Production by Volkswagen and Toyota

Revolutionary Solid-State Battery Technology in Mass Production by Volkswagen and Toyota

The automotive industry has been talking about a revolutionary battery with a solid electrolyte for a long time, but no car company has yet managed to start mass production of electric cars equipped in this way. In contrast to today’s predominant battery technology, which contains an electrolyte in the form of a liquid or gel, … Read more

Chinese Electric Car Manufacturer Nio Faces Tough Competition and Planned Job Cuts

Chinese Electric Car Manufacturer Nio Faces Tough Competition and Planned Job Cuts

He said that the Firefly and Alps brands will produce cars for families, with the former brand’s models being smaller. The president of the Chinese company did not provide details about the prices, Reuters wrote. Chinese electric car manufacturers are expanding in the European market, while the wave of interest in electric cars is waning … Read more

Nio Reduces Prices for All Models by 6-9% and Ends Free Battery Replacement Services

Nio Reduces Prices for All Models by 6-9% and Ends Free Battery Replacement Services

As of Monday, June 12, Nio has reduced prices by 30,000 yuan (almost 93,000 crowns) for all models, including its redesigned sport-utility vehicles (SUVs) ES6 and ES8. This represents a discount of six to nine percent. The company will also no longer provide free battery replacement services to buyers who make a deposit on or … Read more

US Federal Reserve Expected to Pause Interest Rate Hikes, Tech Companies Could Benefit

US Federal Reserve Expected to Pause Interest Rate Hikes, Tech Companies Could Benefit

NEW YORK Market participants are apparently optimistic that the US Federal Reserve will not raise interest rates further on Wednesday, commented analyst Edward Moya from broker Oanda. After ten increases in a row, bank economists are now also expecting a monetary policy pause due to the cooling economy and the trend towards falling inflation. Another … Read more

Nio Joins Price War in China: Cuts Prices by 30,000 Yuan for All Models

Nio Joins Price War in China: Cuts Prices by 30,000 Yuan for All Models

The price war in China was started by the American Tesla, and more than 40 brands, including Volkswagen, joined it in the Chinese market. Starting today, Nio will cut prices by 30,000 yuan (almost 93,000 CZK) for all models, including its redesigned sport-utility vehicles (SUVs) ES6 and ES8. This represents a discount of six to … Read more

Europe is being won over by Chinese electric cars due to their affordability in comparison to rival brands – E15.cz.

Europe is being won over by Chinese electric cars due to their affordability in comparison to rival brands – E15.cz.

The share of Chinese brands in European markets was almost ten percent last year, almost double year-on-year, as calculated by the French consulting company Inovev. They sold over 152,000 cars in Europe, hundreds of which were also bought by Czechs. Among the most successful exporters is MG, a formerly famous British manufacturer that was taken … Read more

This Chinese car is threatened with a fine of IDR 4 billion because the name is too similar to an Audi product

This Chinese car is threatened with a fine of IDR 4 billion because the name is too similar to an Audi product

Jakarta – Audi brought electric car manufacturer from China, Nio to court. The problem is that the names Nio uses on the ES6 and ES8 are too similar to those of the Audi S6 and S8 models. quoted automobile weekThursday (26/1/2023) Audi initially sued NIO in 2021 over the protection of the S6 and S8 … Read more