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May 20, 2021
NationofChange China beats USA by following Western classical economics! America must acknowledge its systemic problems and implement structural reforms that curtail financial capitalism and embrace smart industrial policies. Every time Republicans smugly say “COMMUNIST China,” they win brownie points from their voters, but the Chinese laugh at this demagoguery. Why? Because, China’s economic model is actually based on the 19th century classical Western economics. Unless Amer...
May 11, 2021
Smart tech boosts most beautiful rail By MA CHENGUANG and ZHUANG QIANGE | China Daily | Updated: 2021-05-11 09:40 Share CLOSE A CTCE employee signals while 500-meter-long ballastless tracks, part of the Zhangjiajie-Jishou-Huaihua High-speed Railway, are laid over the weekend. The project is supported by smart track-laying facilities, which help in reducing manpower and expediting project work. [Photo by Wu Huaiqiu/For China Daily] The ...
May 6, 2021
General Motors Company first quarter 2021 earnings are headlined by 3 billion in income on $32.5 billion in revenue. See complete GM Q1 2021 earnings details.
May 6, 2021
As EV Sales Continue To Rise, Tesla Remains Far Ahead Of Rivals May 06, 2021 at 9:23am ET ++ The rise of EVs is still in its beginning stages, but the trend is clear, and it seems 2021 is poised to be the tipping point. This article comes to us courtesy of EVANNEX, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at InsideEVs, nor have we been paid by EVANNEX to publish these articles....
May 5, 2021
Net income margin of 0.9 percent, and EBIT-adjusted margin of 3.8 percent Automotive operating cash flow of $0.3 billion, and adjusted automotive free cash flow of $(0.9) billion EPS-diluted of $0.17, and EPS-diluted-adjusted of $0.62** GM North America EBIT-adjusted of $2.2 billion, and EBIT-adjusted margin of 8.5 percent GM International EBIT-adjusted of $(0.6) billion, including China Equity Income of $(0.2) billion GM Financial EBT-adjusted of $0.2 billion 2021 guidance Full-year EPS-d...
May 5, 2021
GM Reports STRONG 1Q 2021 Results - Way To Go Mary! DETROIT – General Motors Co. today reported first-quarter earnings driven by strong price and mix performance in North America, strong credit and residual value performance at GM Financial, and the industry recovery in China. The company is highly confident in its full-year 2021 guidance outlined earlier this year as it works to manage through the semiconductor shortage, which is impacting automakers globally. Based on information available ...
May 3, 2021
Tesla Inc's (NASDAQ: TSLA) market share of Electric Vehicles (EV) is in jeopardy. Competition is intensifying from other EV native vehicle manufacturers ...
April 29, 2021
SAIC-GM-Wuling Doesn’t Know When It Will Start Exporting Popular Mini EV, EVP Says Zhang Yushuo SAIC-GM-Wuling Doesn’t Know When It Will Start Exporting Popular Mini EV, EVP Says (Yicai Global) April 29 -- Chinese joint venture SAIC-GM-Wuling Automobile has no timetable to start shipping its popular mini electric hatchback overseas, though it has garnered much interest abroad, according to the company’s executive vice president. “We have had inquiries from 60 different countries abou...
April 29, 2021
Share: Apple Inc (NASDAQ: AAPL) and Tesla Inc (NASDAQ: TSLA) are both increasingly dependent on China for generating revenues, the latest respective company earnings indicate. What Happened: In the quarter ended March 2021, the Tim Cook-led company saw revenues rise in China more than from all other territories with the exception of the rest of Asia Pacific. Cook said he was “very pleased” with Apple’s performance in China during the earnings call. “We set a March quarter revenue reco...
April 23, 2021
By Evelyn Cheng, CNBC • Updated 2 hours ago Evelyn Cheng | CNBC Called the Hongguang Mini EV Cabrio, the convertible will begin mass production next year, according to a release. The car is the latest from the popular Hongguang Mini EV line developed by General Motors joint venture with Wuling Motors and state-owned SAIC Motor. The initial Hongguang Mini EV model soared in popularity after launching in July and has sold more cars than Teslas Model 3 in the first quarter, accor...