A Tough Year for Honda The year 2024 has not been an easy year for Honda when it comes to its business operations in China. Its revenue occupied the second place, with the unit sales decreasing to 852,269 units, a 30.9% decline. This has been the first time Honda has sold fewer than one million cars in this region in...
As the largest EV manufacturer in the world, BYD is successfully placing its bet in Europe, where tariffs are becoming an increasing concern. The Chinese makers of electric cars are considering establishing a new manufacturing plant in the third continent. Despite new tariffs on Chinese EVs that make BYD's market entry more strenuous, the company aims at further establishing its...
Subsequently, when EVs gain market acceptance, some relevant concerns are, can they be charged with existing structures? This has led to such questions as to whether a Kia EV6 can use a Tesla charger. As much as it interests me as a subject, it is imperative I state that knowing about the technology has been going on for some time...
Currently, the Chinese tech firm Xiaomi is on the edge of a major evolution as it prepares for the EV segment in the international market. According to the report, Xiaomi’s President, William Lu, announced this at the Mobile World Congress held in Barcelona. Being one of the most innovative electronic products companies, Xiaomi is all set to disrupt the EV...
Being an automobile enthusiast, seeing the development of electric vehicles (EVs) generally made me happy. BMW has been working on its Neue Klasse models to be launched in the coming future, and there are many reasons why the cars are making a lot of noise. This evidence points to the fact that these vehicles will be pioneers in terms of...
The market of EVs is rapidly changing and Chinese brands are acting aggressively to increase their market share, thus leaving their mark on the charts. Some Chinese EV manufacturers have not entered into the attractive US market, it should be noted that Chinese brands now control 76% of the global EV market. It has grabbed the interest of many, including...
