Xiaomi Unveils SU7 Ultra EV to Challenge Tesla and Porsche
Xiaomi unveiled the SU7 Ultra, a luxury electric sports car priced at $114,000, positioning it as the world’s fastest four-door production car to directly challenge Tesla and Porsche.
News & Insights Across Asia
Xiaomi unveiled the SU7 Ultra, a luxury electric sports car priced at $114,000, positioning it as the world’s fastest four-door production car to directly challenge Tesla and Porsche.
China has expressed disapproval of the European Commission’s decision to impose extra tariffs on Chinese-made electric vehicles, calling it irrational and protectionist.
China warns that the EU’s separate price commitment talks with individual Chinese EV firms could harm mutual trust and disrupt negotiations, urging for a coordinated approach in trade discussions.
China and the EU have agreed to address the dispute over the EU’s anti-subsidy investigation into Chinese electric vehicles through continued dialogue, seeking a mutually beneficial resolution.
China’s CATL launches Freevoy, a groundbreaking hybrid battery offering over 400 km range and superfast charging, signaling a significant advancement in EV technology.
Mexico’s Mobility Summit spotlighted the rapid adoption of electric vehicles and emphasized the urgent need for infrastructure development, especially in developing countries embracing sustainable transportation.
Tesla CEO Elon Musk is set to address investor concerns over the company’s robotaxi plans and earnings outlook in the upcoming quarterly report, amid competition and declining deliveries.
Mercedes-Benz has inaugurated Europe’s first electric car battery recycling plant in Kuppenheim, Germany, marking a significant milestone in enhancing sustainability and reducing waste in the EV industry.
China has invited a European technical team for face-to-face consultations on the EU’s tariffs on imported Chinese electric vehicles, aiming to address ongoing trade differences.
Amid rising trade tensions over EU tariffs on Chinese electric vehicles, the Sino-German auto conference in Munich offers a platform for cooperation and innovation between China and Germany’s automotive sectors.
An influential Sino-German automotive conference in Munich seeks to foster cooperation amid EU trade tensions over Chinese electric vehicles, emphasizing shared interests and sustainable solutions.
The 2024 Paris Auto Show opened on October 14, showcasing over 50 new car models with a strong emphasis on electric vehicles. Major manufacturers are unveiling their latest innovations in sustainable mobility.
China and the EU have yet to reach a mutually acceptable solution on the EU’s anti-subsidy case involving Chinese electric vehicles, despite significant progress in recent negotiations.
China and the EU have yet to find a mutually acceptable solution on the EU’s anti-subsidy case involving Chinese electric vehicles, despite significant progress in negotiations.
China and the EU will continue consultations on the anti-subsidy investigation into Chinese EVs after the EU passed the draft final ruling, reflecting ongoing efforts to resolve trade issues.
China and the EU will continue consultations on the EU’s anti-subsidy investigation into Chinese EVs, following the EU’s draft final ruling. China has held intensive communications on EV trade issues with the EU and the US.
China asserts its anti-dumping measures on EU brandy imports are WTO-compliant, following the EU’s tariffs on Chinese electric vehicles, highlighting escalating trade tensions.
The EU’s recent tariffs on Chinese-made electric vehicles have sparked debate over whether the measures ensure fair competition or are politically motivated actions that may harm economic relations.
China has requested WTO consultations with Türkiye over new tariffs and import restrictions on electric vehicles and other vehicles from China, calling the measures discriminatory and a violation of WTO rules.
U.S. tariff hikes on Chinese electric vehicles have minimal impact as China’s EV exports to the U.S. represent less than 1% of total exports, with growth driven by other global markets.