Former East China's largest private luxury car dealer, Bolide, is in decline. (All images in this article were taken by a 21st Century Business Herald reporter.) On January 28, a 21st Century Business Herald reporter visited Hangzhou Xingbaoh

Currently, influenced by market competition in the automotive industry, the role of multinational giants in China is changing. Recently, Volkswagen Group CEO Oliver Blume revealed that Volkswagen has started exporting complete vehicles from China to

January 29 news: Toyota Group officially announced its 2024 global sales data today, reaching 11.32 million units, a year-on-year increase of 4.6%, setting a new historical record! With this figure, Toyota has topped the global automakers' sales rank

January 29th news: Today, the Toyota Group officially announced its 2023 global sales data, reaching 11.23 million units, a year-on-year increase of 7.2%, setting a new historical record! With this figure, Toyota has secured the top spot in globa

On one hand, net profit is halved; on the other hand, the stock price hits a new high. Here's the situation for Tesla in 2025. On January 29th, its Q4 and full-year 2025 financial report revealed that its core automotive business had completely stal

On January 26, Shandong Haike New Power Material Technology Co., Ltd. (hereinafter referred to as "Haike New Power") announced that Haike New Power and Shenzhen BYD Lithium Battery Co., Ltd. (hereinafter referred to as "BYD Lithium Battery") signed a

Tesla did something almost unimaginable in the traditional automotive industry. On January 29, 2026, Tesla CEO Elon Musk announced that capital expenditures in 2026 would be "very large"; the Model S and Model X programs would be terminated. In 2

January 29th news, according to reports, the State Council Information Office held a press conference to introduce the situation and work arrangements for the 2026 Spring Festival travel season. Will the charging facilities at highway service ar

A study conducted by the Swedish Environmental Research Institute IVL, TERRA, and Swedish Plastic Recycling, and published in the International Journal of Life Cycle Assessment, focused on the Swedish context to thoroughly analyze the climate impact

At the beginning of 2026, the automotive chip shortage seems to be making a comeback. During a live stream in early January, Xiaomi Group Chairman Lei Jun stated frankly that the new Xiaomi SU7 is facing memory cost pressure with quarterly jumps, an

Recently, Car Quality Network learned from relevant channels that spy photos of the new generation BMW M3 gasoline version test car have been exposed. Following the exposure of the new generation all-electric BMW M3, the road test vehicle for the gas

Recently, CheZhi.com obtained a set of spy photos of the all-new Nissan Rogue (Dongfeng Nissan X-Trail in China) from relevant channels. The new car will undergo significant exterior upgrades and will offer both gasoline and extended-range power opti

Xpeng's latest electric sedan, the P7+, was officially launched in the European market this April and has begun localized production at Magna Steyr's plant in Graz, Austria. The model explicitly targets the Volkswagen ID.7 as a competitor, aiming to

South Africa is considering imposing tariffs of up to 50% on imported complete vehicles from China and India. This move aims to counter the recent surge in low-priced vehicle imports, which has impacted the domestic automotive manufacturing industry.

According to foreign media reports, U.S. electric vehicle manufacturer Lucid Motors has recently completed the production of the first batch of official prototypes for its debut mid-size all-electric SUV platform. Codenamed "Project Midsize," this mo

China and Canada have recently reached a trade agreement to reduce tariffs on electric vehicles imported from China from 100% to 6.1%. The agreement allows a maximum of 49,000 Chinese-made electric vehicles to enter the Canadian market annually at th

Ford Motor Company announced earlier this month that it is recalling a total of approximately 119,075 vehicles due to a risk of engine block heater short circuits that could lead to fires. The recall is being conducted in two batches: the first invol

According to reports from CP Perspective, a "budget-friendly" Tesla Model 3 has officially launched in South Korea, as indicated on Tesla's official website. The new car has a guide price of 41.99 million Korean won, which translates to approximately

Recently, CheZhi.com learned from relevant channels that Tesla China will release the new Tesla Model Y L+ in mid-2026. As an upgraded model, it is expected to be equipped with a larger capacity battery pack, and its CLTC pure electric range will rea

"It's all about grabbing! The threshold for domestic memory companies has been trampled. Everyone is (grabbing) memory production lines and capacity. Being able to grab it means you're one step ahead of the others," Huang Hua (pseudonym), a person i