SunCar Technology Launches Online Insurance Solution for Li Auto Inc. Customers
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Great Wall Motor responds to EU anti-subsidy probe
October 24, 2023 10:37 AM EDTProminent Chinese automaker, Great Wall Motors revealed that the company has formally submitted a response to the European anti-subsidy investigation into Chinese made electric vehicles and called for a fair and open trade environment.
Great Wall provided its statement to the European Commission on Oct. 11, and is the first automaker to have done... More
SunCar (SDA) launches online insurance solution for Li Auto (LI) customers
October 20, 2023 11:42 AM EDTAuto-insurance provider and intermediator, SunCar Technology Group (NASDAQ: SDA) announced Friday that it has launched an online insurance solution for Li Auto (NASDAQ: LI) electric vehicle drivers.
Available through the Li Auto car owners' app, SunCar now provides a range of online insurance options, such as H5 on mobile, enabling car owners to swiftly and conveniently compare and buy auto... More
US EV sales skyrocket in 3Q, China expands reach
October 20, 2023 8:41 AM EDTAccording to data released by Cox Automotive, US electric vehicle (EV) sales surged by almost 50% in the 3Q compared to last year, surpassing 300,000 units sold for the first time.
The current market trajectory suggests that the US may witness the sale of over a million EV cars this year, marking a significant milestone in the transition to auto electrification. A notable shift, coupled with Tesla's (NASDAQ:... More
