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China become the sector’s biggest car exporter in Q1 2023, surpassing Japan

Baua Electric

Within the first quarter of this 12 months, China surpassed Japan and Germany to transform the sector’s biggest car exporter for the primary year, exporting a complete of one.069 Japan impaired to be the sector’s eminent car exporter, exporting 1.047 million automobiles within the first quarter of this 12 months.

Japan 52
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Bajaj Chetak electrical scooter sees over four-fold gross sales enlargement in FY23

Baua Electric

Bajaj Auto has open over four-fold build up in gross sales of its Chetak electrical scooter to 36,260 devices in FY23 as in comparison to the former fiscal when the e-scooter clocked 8,187 devices, the corporate famous in its annual document for 2022-23. Then again, it noticed a ten% be on one?s

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. According to the terms of the definitive agreements, ZAP will acquire 51% of Jonway Auto for US$29.03 Jonway has also agreed to produce the ZAP Alias electric car. million in cash.

China 218
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Tesla shutting down Berlin factory for 2 weeks due to Red Sea shipping attacks

Baua Electric

Tesla cars being shipped to Europe Tesla will shut down its Berlin gigafactory for about two weeks, from January 29 to February 11, due to a lack of components as a result of a Red Sea blockade, according to Reuters. FTC: We use income earning auto affiliate links.

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