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China's tech giant Xiaomi announces first EV technology event

Xiaomi recently took the covers off its first electric vehicle in China. The EV, called SU7, is an electric sedan which will come in two versions - with Lidar and without Lidar. ....

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Porsche Ag: Porsche confirms outlook but warns luxury not immune to economic woes, ET Auto

Porsche Ag: The luxury carmaker s supply chain was improving with inventories down, but high inflation combined with peak investments for a line of new products to launch in 2024 meant its costs were still high, Chief Financial Officer Lutz Meschke said. ....

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