Tesla, the American electric vehicle (EV) giant, continues to make strides in China’s rapidly growing EV market. According to data released by the China Passenger Car Association (CPCA), Tesla’s China-made electric vehicle sales witnessed a 19.2% year-on-year growth in September 2024. This increase underscores the growing demand for Tesla’s locally manufactured Model 3 and Model…
Autonomous vehicles are heralded as the future of transportation, designed to make travel more convenient and efficient. Yet, for Baidu’s Apollo Go, a Chinese tech giant’s robotaxis service, the reality still has some rough edges. When a user in Wuhan tested the service, they had to make their way to a specific pick-up location and…
China’s industrial landscape has faced a challenging stretch, with factory operations likely remaining in contraction for the fifth consecutive month in September. Weak internal demand, paired with rising international trade obstacles, continues to hamper the second-largest global economy. A Reuters poll conducted among 22 economists projects that the official Purchasing Managers’ Index (PMI) will stand…
