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Tag: Covid

Ford Q2 China sales were worst since Covid pandemic began

Ford Q2 China sales were worst since Covid pandemic began

Site visitors walk past a Ford Escape Titanium at the Shanghai Automobile Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Visuals DETROIT — Ford Motor joined its crosstown rival Standard Motors in reporting its worst quarterly sales in China due to the …
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NIO XPEV LI report strong deliveries for June as Covid wanes

NIO XPEV LI report strong deliveries for June as Covid wanes

Nio’s ES7 sports utility automobile adds a further competitor to Tesla’s Product X and Design Y in China. Nio Chinese electrical-vehicle maker Nio reported Friday that it delivered approximately 13,000 motor vehicles in June, up 60% from a calendar year ago, as China’s vehicle industry ongoing …
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Nearly all factories in Shanghai resume work as Covid controls ease

Nearly all factories in Shanghai resume work as Covid controls ease

German automaker Volkswagen is 1 of point out-owned automaker SAIC’s international associates in China. Pictured in this article on June 7, 2022, is the joint venture’s factory in Shanghai. Qilai Shen | Bloomberg | Getty Photographs BEIJING — Factories in two of China’s Covid-strike economic hubs …
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Nio May 2022 sales constrained by Covid; XPeng, Li Auto gain ground

Nio May 2022 sales constrained by Covid; XPeng, Li Auto gain ground

Nio started deliveries of its new ET7, an upscale electrical sedan, on Monday, March 28, 2022. Nio Chinese electric motor vehicle maker Nio shipped additional than 7,000 vehicles in Could, up 4.7% from a year in the past but perfectly below its present generation capacity, as …
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Gas prices and inflation overtake Covid as top travel worry

Gas prices and inflation overtake Covid as top travel worry

Following additional than two a long time of largely being residence thanks to the pandemic, most Us residents are prepared to hit the road. Yet inflation and file-breaking gasoline costs are weighing on would-be vacationers, even far more than Covid considerations, according to a report. About …
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China, Europe car sales dampened by chip shortage, COVID measures

China, Europe car sales dampened by chip shortage, COVID measures

SHANGHAI/BERLIN — Car gross sales in China and Europe continue to be frustrated as opposed to last year’s concentrations as semiconductor shortages and anti-pandemic actions weigh on world autos markets, details confirmed on Thursday. Chinese retail car or truck revenue grew in May perhaps from April …
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Shanghai production plunged in April after Covid lockdown

Shanghai production plunged in April after Covid lockdown

Whilst Shanghai began in mid-April to prioritize a number of hundred organizations for resuming perform, international business organizations have mentioned that does not necessarily mean the factories can function at entire ability. Tian Yuhao | China Information Company | Getty Photos BEIJING — Car generation plunged in …
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China’s 2022 Covid lockdowns inflation risk bigger vs 2020

China’s 2022 Covid lockdowns inflation risk bigger vs 2020

China’s car and component exports much more than doubled in 2021 from a 12 months back, exceeding 30% development in China’s exports all round, Bernstein analysts observed. Yi Enthusiast | Visible China Team | Getty Illustrations or photos BEIJING — China’s most recent Covid lockdowns are …
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Chinese EV maker Nio says it’s gradually resuming production after Covid halt

Chinese EV maker Nio says it’s gradually resuming production after Covid halt

In February 2020, Nio received a lifeline of financing assist led by the governing administration of Hefei metropolis, wherever the electric car or truck start off-up has set up its China headquarters. Qilai Shen | Bloomberg | Getty Photos BEIJING — Chinese electric automobile firm Nio …
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Tesla CEO Elon Musk says he has Covid again

Tesla CEO Elon Musk says he has Covid again

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters SpaceX and Tesla CEO Elon Musk introduced on Twitter on Monday that he has Covid. The announcement arrives following Tesla’s manufacturing unit in Shanghai confronted …
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