With new energy vehicle models becoming increasingly similar in technology and design, live streaming has emerged as a valuable tool for brand recognition.
Li Auto, whose first-quarter performance didn't meet expectations, is making further organizational changes following significant layoffs and a slowdown in production.
The annual report shows that in 2023, Faraday Future had revenue of $800,000 and a cost of sales of $43 million, both of which were zero in the same period of the previous year.
Li Auto's representatives have confirmed a substantial reduction in their workforce. The total number of employees has fallen from its peak of over 30,000 to around 22,000 during the latest layoff period.
The company will also consider cooperating with a local manufacturer to build a factory in Europe, but NIO first needs to increase its sales in Europe, says Li Bin.
Yu Tao is still in his current position but has confirmed that he will soon resign. In response to this, a person in charge at XPeng said they would "provide feedback next week".
Wang Naiyan, the former CTO of TuSimple China, will join Xiaomi Auto and report to Ye Hangjun, Chairman of the Xiaomi Technical Committee and head of Xiaomi Auto's autonomous driving.
Tesla has expressed interest in launching a fleet of autonomous taxis in China, and the Chinese government appears open to the idea, potentially allowing preliminary domestic tests and demonstrations.
BYD, Wuling Motors, and other Chinese electric vehicle manufacturers will set up factories in Indonesia. The Indonesian government is reportedly considering more tax incentives to attract electric vehicle manufacturers.
According to data from Frost & Sullivan, based on the total transaction value (GTV), CaoCao Chuxing ranked among the top three ride-hailing platforms in China in 2021, 2022, and 2023.
On the evening of April 28th, the China Association of Automobile Manufacturers issued an announcement confirming that Tesla has met the relevant data security requirements.
