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Losses and bankruptcy – the dark side of Chinese electric vehicle startups

Oct 15, 2023 – Nio lost $35,000 per car sold, and WM Motor just filed for bankruptcy in a court in Shanghai.

Electric vehicle sales grow rapidly globally

Oct 09, 2023 – The number of electric cars is expected to rise from 10 million in 2022 to 14 million in 2023, accounting for 18% of total global car sales.

Car consumption decreased sharply despite significant price reduction

Sep 18, 2023 – Although automakers have made efforts to offer high-value promotions (depending on model and version) to stimulate market demand, Vietnam’s automobile market remains gloomy during this period.

Vietnamese consumers increasingly prefer high ground clearance cars

Aug 21, 2023 – Over three years, sales of compact high ground clearance vehicles have increased by three times while that of B-sized sedans have almost not grown and A-sized hatchbacks have suffered a decline of 42%.

Automobile purchasing power in Vietnam fell the most in Southeast Asia

Aug 21, 2023 – A 31% decrease in sales after the first half of 2023 caused the Vietnamese automobile market to lose its 4th position, replaced by Philippines.

Chinese electric car products threaten the German auto industry

Aug 14, 2023 – High costs, reduced demand, and fierce competition are putting the German auto industry under increasing pressure, especially before Chinese rivals.

List of discontinued cars after 2023

Jul 31, 2023 – To make the business strategy and vehicle electrification plan become effective, some prominent models will be discontinued after 2023.

Booming EVs in Europe

Jul 31, 2023 – The market share of electric and hybrid vehicles is increasing in Europe, while that of internal combustion engine vehicles is decreasing.

Small MPV models simutaneously discount up to highest of 100 million VND

Jul 31, 2023 – Most MPV models under 700 million VND in Vietnam are receiving incentive programs and discounts to stimulate sales.

Thiết kế website bởi Mona Media