With plans to launch locally manufactured EVs by 2025, the conglomerate aims to establish a strong foothold in a sector currently dominated by Tata Motors.

Chief Technology Officer Gao Huan of CATL’s e-car division unveiled the Shenxing Plus during the first media day of the Beijing auto show.

The F77 Mach 2 boasts impressive specifications, including an industry-leading Integrated Drive Cycle (IDC) Range of 323 km, powered by a 10.3 kWh battery pack.

By partnering with 360 Energy Solar, the company aims to bolster its energy self-sufficiency and reduce its carbon footprint.

The agreement seeks to address the transfer of data from China to Germany, a matter of contention for foreign businesses operating in China.

This strategic move comes amidst a broader slowdown in the demand for electric vehicles.

Major European car manufacturers like Volkswagen and Stellantis have warned of a challenging year ahead.

This strategic move aims to enhance Volkswagen’s competitive edge and offer more affordable EV options in its largest market, China.

This move towards an engineering analysis, a mandatory step preceding potential recalls, highlights the seriousness of concerns regarding the AEB functionality.

Musk’s compensation plan, which excludes salary or cash bonuses, hinges on Tesla’s market value soaring to potentially reach USD 650 billion within the next decade.