BYD's South African subsidiary has reached an agreement with Golden Arrow, a well-known bus operator in South Africa, successfully securing an order for 120 buses.
According to Faraday Future's official announcement, by the end of 2023, the company had delivered a total of 10 FF 91 2.0 Futurist Alliance vehicles to the market.
According to the latest statement, the focus of their joint effort will be on enhancing the CMP and MEB platforms of Volkswagen vehicles produced in China.
Due to a lukewarm reception of the MEGA model and fewer orders for the L series than anticipated earlier this year, Li Auto was compelled to reduce its yearly sales forecast.
Laid-off workers from Li Auto's smart driving team say the recent staff cuts have seriously disrupted the in-house R&D and testing departments, nearly halting development.
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".