Chinese carmaker Chery will launch SUV models from three car brands in Europe over the next two years and could decide on an assembly plant in Europe as soon as 2024, its top regional executive said on Monday.
China's cyberspace regulator's proposal is seen as a move to boost business activity and is particularly good news for the country’s multinational companies.
Tesla is working on an upgrade of its "gigacasting" technology to die cast almost all vehicle underbody parts in one piece, the Shanghai Securities News reported on Wednesday citing unnamed sources close to the carmaker.
Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German carmaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said.