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Smartphone manufacturer officially joins EV market as Xiaomi Automobile

Electrek

Chinese consumer electronics company Xiaomi has officially entered the EV market after completing its industrial and commercial registration in China as Xiaomi Automobile Co. In a recent announcement of the new EV entity, Xiaomi Automobile has revealed that it already has a team of nearly 300 employees.

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Tesla (TSLA) shares surge over 11% amidst news of Musk’s China visit

Teslarati

Tesla shares ( NASDAQ:TSLA ) saw a lot of momentum on Monday’s pre-market amidst news surrounding CEO Elon Musk’s unannounced trip to Beijing, China. Later videos posted by Chinese media showed that Musk also met with Premier Li Qiang. Don’t hesitate to contact us with news tips.

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Editorial: Volvo’s technique for its Chinese language-built automobiles thwarts U.S. protectionism

Baua Electric

tariff at the Chinese language-built Volvo EX30 crossover and Polestar 2 sedan the usage of its exports of the U.S.-built on its automobiles assembled in China hour encouraging additional world exports of its U.S. on its automobiles assembled in China hour encouraging additional world exports of its U.S.-made Ford Motor Co.

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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

It acquired 20% of the Chinese automakers, making it a significant shareholder. The Chinese automaker also said that the executive team for its joint venture with Stellantis is in place as C10. In November, Stellantis repurchased €934 million shares from Chinese automaker Dongfeng based on a pre-existing share repurchase framework.

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Stellantis production affected by cyberattack on Chinese supplier

Teslarati

Multiple car brands under Stellantis were affected by a cyberattack on Chinese supplier, Yanfeng International Automotive Co. Yanfeng supplies automobile manufacturers with car parts including electronics, seats, interiors, and other components. billion in the Chinese company.

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SAIC plans Eu manufacturing facility for MG automobiles regardless of upper prices

Baua Electric

LONDON — MG has admitted it is going to most likely price the corporate extra to develop automobiles in a deliberate Eu manufacturing facility when compared with China however says the advantages will outweigh the negatives. “I A Eu manufacturing facility would additionally carry higher hyperlinks to the area.

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Cooperating with Huawei, the 100,000th automobile of the AITO logo rolled off the manufacturing order

Baua Electric

At the night of Would possibly twenty seventh, AITO‘s 100,000th automobile roll-off rite was once held at Seres Liangjiang Subtle Manufacturing unit. AITO vehicles importance many Huawei elements and applied sciences, comparable to electrical motors, digital regulate programs, automobile machines, and clever using.