Smart and Sustainable Electric Mobility
The production cut is aimed at addressing weakening demand for Tesla's aged model in China, Reuters said.
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Amid Xpeng's internal concerns and distributor resistance, its wholesale sales model has only been tested on a small scale so far, according to local media.
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BYD will launch its fifth-generation DM (Dual Mode) hybrid technology on May 28, which is expected to give vehicles a range of up to 2,000 km on a full tank of fuel and a full charge.
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Multiple media reports have previously suggested that Xiaomi's second model will be an all-electric SUV that will go into production in 2025.
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The Nio House in Amsterdam is Nio's second in the Netherlands and seventh in Europe.
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