EV

China EV Boom Drives Next Phase of Global Auto Transformation 

Europe and China EV sales Electric vehicle sales are accelerating, as surge alongside falling costs, rising fuel prices and government support, reshaping global transport and pushing automakers to expand electric models while traditional combustion engines lose dominance in major car markets.  One of the impacts of China’s EV industry is that it is reshaping global auto markets, with China and Europe witnessing rapid adoption driven by infrastructure […]

Xiaomi CEO Teases with New SU7 EV Prices

On Monday, Xiaomi’s CEO Lei Jun announced an ambitious target for the company’s first electric car, the SU7, aiming to set it below 500,000 yuan ($69,424). Xiaomi is set to reveal the price and commence pre-orders for the vehicle, known as Speed Ultra 7, this Thursday. Lei’s statement on Weibo introduced the price ceiling for […]

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