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The sudden suspension of cooperation by New Energy Holdings (NEH) with BYD on May 6 has left question marks over BYD’s expansion plans in Vietnam. NEH is a Vietnamese distribution company and a subsidiary of Tasco Auto, the company was one of the largest partners in a plan that called for 50 BYD dealers to open by the end of 2024.
Xpeng, a leading Chinese electric vehicle manufacturer, announced on May 11th that it has reached an exclusive cooperation agreement with Australian company TrueEV to enter the Australian market. Under the agreement, TrueEV will serve as Xpengs exclusive importer, distributor, and retailer in Australia, providing brand showrooms and comprehensive customer support. The news comes hot on the heels of recent news announcing Xpengs drive into the European market.
The three glossy photos come just hours afterthe Shark's official unveiling was confirmed for May 14, so it seems the brand simply couldn't wait to show off its latest offering.
For those seeking a stronger visual punch on their current-generation Honda Civic Type R, Mugen is ready to deliver. The Japan-based tuning company showcased Civics with upgraded gear at the Tokyo Auto Salon back in January, and now some of those upgrades are available to order.
Eli Electric Vehicles on Tuesday opened U.S. reservations for its Eli Zero, a tiny urban EV with a starting price of $11,900.
While three Chinese EV brands are already on sale in Australia (four, counting Lotus), the arrival of Aion will mark a milestone in the market proliferation as the first state-owned marque to hit local showrooms.
Jay Robarge designs and builds upgraded Ford transmission parts, mostly for drag racing, under the Broader Performance name. Since Robarge only sells directly to customers, leaving out middle-man distributors, you can imagine his surprise when someone contacted him about a faulty valve body they bought from Summit Racing. Robarge doesn't sell to Summit Racing, so he immediately knew something was awry. As he investigated further, he learned that another company was ripping off his designs and selling them through one of the automotive industry's largest retailers.
Signalling a shift in the local automotive landscape, Foton has teamed up with CMH Group to introduce a range of new commercial vehicles to the South African market.