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Saudi Arabia’s top diplomat in southern China says the Greater Bay Area will be ‘the future of Asia’, but first some problems must be tackled in the economic and business hub.
China’s carmaker association retracts agreement by Tesla, Nio Xpeng and other EV makers, saying it violates the country’s anti-monopoly laws.
China Association of Auto Manufacturers (CAAM) has withdrawn the pledge to refrain from "abnormal pricing" to avoid any antitrust issues. The pledge involved 16 automakers including Tesla and Li Auto, and was intended to end the conflict over industry profitability.
The move shows how the electric vehicle space in China is in the middle of a fierce pricing war.
XPENG , today announces that it has selected the ACCESS Twine™ for Car in-vehicle infotainment solution to provide apps and games—including prominent streaming services— for its... | June 21, 2023