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Suzuki Scaling its Presence in EVs, Plans to Launch 6 EVs by 2030

Suzuki Motor would invest 2 trillion yen in electric vehicles and autonomous driving technologies, along with another 2.5 trillion yen in the construction of battery EV plants and renewable energy amenities.

Automobiles | January 28, 2023 | By News Bureau 319

Weichai Power Receives Order for Fuel Cell Electric Trucks

Weichai Power Co., Ltd., based in Weifang city, east China's Shandong Province, and China National Heavy Duty Truck Group Co., Ltd, recently received an order for 1,100 fuel cell electric trucks placed by three companies.

Automobiles | September 13, 2022 | By News Bureau 780

NaaS Partners With Newrizon to Accelerate Popularization of New Energy Commercial Vehicles

NaaS Technology Inc. recently entered into a strategic partnership agreement with Newrizon.

Automobiles | September 12, 2022 | By News Bureau 536

Segway-Ninebot's Smart Electric Two-Wheelers Sales Surpass 1 Million Units in 2 years

After completing 10 million units production of electric kickscooters this April, on August 29th, Segway-Ninebot celebrated another milestone event——selling out 1 million electric scooters/mopeds in China.

Automobiles | September 01, 2022 | By News Bureau 564

CBAK Signs Agreement With Welson Power for Indian Market

CBAK Energy Technology, Inc. announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. (Nanjing CBAK), has entered into a strategic partnership agreement with Welson Power.

Automobiles | August 20, 2022 | By News Bureau 759

Tromox Ukko S Wins the iF Design Award 2022

Tromox Ukko S by China-based Tromox has received the iF DESIGN AWARD 2022 as one of the top winners of the world-renowned design label, recognized under the automobiles/vehicles category.

Automobiles | May 30, 2022 | By News Bureau 606

Jiuzi to acquire 72.05% equity stake in Huizhou Jiwo

Jiuzi Holdings, Inc. announced that the Company, through its subsidiary Hangzhou Jiuyao New Energy Automobile Technology Co. Ltd., has entered into an equity acquisition agreement to acquire 72.05% equity interest in an automobile sales service shop operator, Huizhou Jiwo Automobile sales service Co. Ltd., from Guangdong Huarui Automobile Sales Service.

Automobiles | April 27, 2022 | By News Bureau 764

Midea Acquires TTIUM Motor to Enter Green Two-Wheel Vehicle Market

Midea announced the acquisition of Wuhan TTIUM Motor Technology CO., LTD (TTIUM). With this strategic move, it marks that Midea has officially entered the 'two-wheel vehicle' market and further refreshed its product portfolio.

Automobiles | April 27, 2022 | By News Bureau 844

PLI to Unlock India’s Manufacturing Capacity with Rs 3 Trn Outlay across 14 Sectors: Report

The Government of India with the intention of boosting India’s manufacturing, employment generation, import reduction and exports growth has announced the Production-Linked Incentive scheme (PLI) covering 14 significant sectors of the economy involving a total outlay of ~ Rs 3 trillion, said ICRA in its latest Sectoral Strategy Report.

Automobiles | February 17, 2022 | By Manu Tayal 953

Jiuzi Holdings Signs Sales Cooperation Contract with Brilliance Xinri

Jiuzi Holdings, Inc. announced that the Company, through its wholly-owned subsidiary, Zhejiang Jiuzi New Energy Vehicles Co., Ltd., has entered into a sales cooperation agreement with Brilliance Xinri Automobile Sales Co. Ltd.

Automobiles | December 16, 2021 | By News Bureau 1097

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