Sony and Honda’s Joint Venture Sparks Outrage from US Dealers with Its Direct EV Sales Plan

January 14, 2025 – At the 2025 International Consumer Electronics Show (CES), Sony Honda Mobility, a joint venture between Sony and Honda, announced its intention to adopt a direct sales model similar to that of Tesla and Rivian for its upcoming Afeela electric vehicle. This decision, which bypasses the traditional franchised dealer network, has immediately…

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CATL Aims to Raise $1.5 Billion for Global Supply Chain Development

July 13, 2024 – According to a report by the Financial Times today, CATL, the world’s largest electric vehicle battery manufacturer, is currently in negotiations with overseas sovereign wealth funds and the private offices of ultra-high-net-worth individuals to raise a $1.5 billion fund for establishing its global supply chain. The report, citing informed sources, stated…

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From F-150 to ‘Little Raptor’: Ford’s Bold Move with the Surprisingly Affordable Next-Gen Ranger

**August 25, 2023 – Revamp in China’s Auto Market: Ford Unveils Surprisingly Affordable Next-Gen Ranger** In the midst of China’s ever-evolving automobile landscape, even the loftiest joint venture brands find themselves recalibrating their strategies. Today, this transformation takes center stage as Ford launches the eagerly anticipated next-generation Ford Ranger 1st Edition, marking a pivotal moment…

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Tesla Ramps Up Hiring: Over 1,000 New Workers to Accelerate Semi Electric Truck Production

April 30, 2025 – Tesla is reportedly accelerating the production ramp-up of its highly anticipated Semi electric semi-truck at an unprecedented pace, according to insiders familiar with the matter. The company has recently hired over a thousand factory workers at its Nevada facility, marking a significant step toward fulfilling its long-standing commitment to mass-producing the…

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