Smart and Sustainable Electric Mobility
The updated Frigate 07 SUV has a starting price of RMB 179,800, which is RMB 23,000, or 12.79 percent, lower than its predecessor's starting price of RMB 202,800.
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Huawei's automotive business is expected to turn a profit this year, bolstered by mid-to-high-end models built in partnership with automakers, the unit's chairman said.
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Gen X and Millennials tend to buy more EVs than Baby Boomers, but the older generation is still in control of EV policy, a pair of recent studies show. Experian's fourth quarter 2023 Automotive Market Trends report, released Thursday, noted that 9.4% of new vehicles purchased by Gen X in 2023 were electric. Gen X purchased the most new vehicles of... 