The Italian government is holding talks with China's Chery Auto as part of efforts to attract another major automaker to the country in addition to Stellantis and increase national car production, two sources told Reuters. Rome wants to raise Italy's national car production to 1.3 million vehicles a year from below 800,000 in 2023 and is already in discussion with Stellantis - the country's sole major automaker - to increase the group's output to one million units annually by the end of this decade, a total it last hit in 2017. Industry Minister Adolfo Urso has said Italy wants a second manufacturer to add around 300,000 vehicles to national output.
In this article, we will discuss the 20 most valuable electric car companies in the world. This article will focus on recent industry trends and the major players in the industry. If you want to skip our analysis, you can proceed to the section highlighting the 5 Most Valuable Electric Car Companies in the World. […]
Haomo.AI, an autonomous driving technology start-up backed by Great Wall Motor, has raised 100 million yuan (US$13.9 million) in a new round of financing buoyed by Chinese drivers' growing appetite for intelligent vehicles. The Beijing-based firm said the proceeds it received from Chengdu Wufa Private Equity Fund Management will be used to enhance its research and development capability as the commercialisation of self-driving technology picks up in the world's largest automotive market. "The ye