* Against the backdrop of the global economic slowdown, initiatives by China's local governments to boost their economy this year have garnered significant attention from around the world. * Many local governments' work reports have highlighted the task of boosting consumption in 2025 and introduced debut economy, a relatively new concept. * New quality productive … Continue reading China’s local leaders plan the way forward for 2025
Tag: Automobiles
Volkswagen shutting down 3 factories in Germany – thousands to lose their jobs
Further talks between Volkswagen and trade union leaders held on Wednesday. Volkswagen's management wants to close at least three plants, cut tens of thousands of jobs, and also slash pay by 10% for remaining staff, according to a statement from staff representatives. The manufacturer is also seeking to downsize all remaining plants, added the document. … Continue reading Volkswagen shutting down 3 factories in Germany – thousands to lose their jobs
Outrage as Nigerian lawmaker gifts daughter SUV for graduating from secondary school
A member of the House of Representatives from Plateau State, Yusuf Gagdi has come under heavy criticism for gifting his daughter, Aisha, a new Sport Utility Vehicle, SUV, after her graduation from secondary school. Reports had earlier emerged online stating that the lawmaker gifted his daughter who graduated from the Lead British International School, Abuja, … Continue reading Outrage as Nigerian lawmaker gifts daughter SUV for graduating from secondary school
Biden administration wrong to impose tariffs on China-made electric vehicles – former U.S. envoy
The Biden administration made a "big mistake" in levying high tariffs on electric vehicles (EVs) imported from China, said a former U.S. envoy on Tuesday. Speaking at a webinar organized by KraneShares, a U.S.-based asset management firm, Terry Branstad, former U.S. ambassador to China said U.S. President Joe Biden recently announced an extraordinary tariff on … Continue reading Biden administration wrong to impose tariffs on China-made electric vehicles – former U.S. envoy
China’s pickup truck sales rose in April 2024
Sales of pickup trucks in China rose 4.4 percent year on year in April as the country's consumption promotion policies boosted the market, industry data showed. According to the China Passenger Car Association, 44,000 pickup trucks were sold in China last month. The exports of such vehicles accounted for 42 percent of the country's total … Continue reading China’s pickup truck sales rose in April 2024
NPF confirms authenticity of e-CMR Portal
The Nigeria Police Force, NPF, has confirmed the implementation of the upgraded electronic Central Motor Registry (e-CMR), an information system aimed at enhancing the safety and security of all Nigerians. The Force Public Relations Officer, Olumuyiwa Adejobi, said the initiative is a crucial step towards improving law enforcement capabilities and ensuring the well-being of our … Continue reading NPF confirms authenticity of e-CMR Portal
2024 Volkswagen-ChatGPT partnership to enhance performance of compact cars
This week, Volkswagen said that by the middle of the year, its voice assistant will integrate ChatGPT into its cars, enabling them to converse with users in back-and-forth dialogue. At the CES electronics trade fair in Las Vegas, Volkswagen presented its first vehicles featuring ChatGPT, which will be on sale in North America and Europe … Continue reading 2024 Volkswagen-ChatGPT partnership to enhance performance of compact cars
GM’s Cruise to re-launch driverless robotaxis
Just weeks after California banned its self-driving vehicles from public roads after an accident last month, Cruise, the robotaxi unit of General Motors (GM), is planning to re-launch its service in an unspecified city before expanding it to others. Last week, the company said that while it conducts a safety review of its robotaxis, it … Continue reading GM’s Cruise to re-launch driverless robotaxis
Toyota to build $13.6bn battery plant in the US, employ 1,750
Toyota has announced that it will invest $13.6 billion in manufacturing electric automobile batteries in the United States by 2025. "This investment will help usher in more affordable electrified vehicles for U.S. consumers, significantly reduce carbon emissions, and importantly, create even more American jobs tied to the future of mobility," said Ted Ogawa, CEO of … Continue reading Toyota to build $13.6bn battery plant in the US, employ 1,750

You must be logged in to post a comment.