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NIO President Qin Lihong Questions Excessive Pricing of Ultra-Luxury Cars in China, Citing Over 50% Taxes in Million-Dollar Price Tags

NIO President Qin Lihong Questions Excessive Pricing of Ultra-Luxury Cars in China, Citing Over 50% Taxes in Million-Dollar Price Tags

On the evening of May 16, during a media session following t. . .

NewsAssistant 9:03 | May 18, 2026
Tesla Raises U.S. Prices for Mid- and High-End Model Y Trims for First Time in Two Years

Tesla Raises U.S. Prices for Mid- and High-End Model Y Trims for First Time in Two Years

On May 16 local time, Tesla raised prices for certain Model . . .

NewsAssistant 8:33 | May 18, 2026
First Drive: Huawei's Luxeed V9 Puts MPV ADAS and Parking to the Test

First Drive: Huawei's Luxeed V9 Puts MPV ADAS and Parking to the Test

The Zhijie V9 recently underwent its first comprehensive onl. . .

NewsAssistant 8:13 | May 18, 2026
Japanese and South Korean Stocks Open Lower; Auto Shares Drag Nikkei 225, KOSPI Down 0.7%

Japanese and South Korean Stocks Open Lower; Auto Shares Drag Nikkei 225, KOSPI Down 0.7%

The Nikkei 225 opened down 0.2% at 61,299.87 points, dragged. . .

NewsAssistant 8:05 | May 18, 2026
Auto Makers and Suppliers: Key Updates on Tech Partnerships, Deliveries, Funding, and Leadership Changes

Auto Makers and Suppliers: Key Updates on Tech Partnerships, Deliveries, Funding, and Leadership Changes

Changan Automobile insiders stated the company currently has. . .

NewsAssistant 7:13 | May 18, 2026
Kunyi Electronics and AVL Sign Strategic Partnership to Advance China's Automotive E/E Testing Toolchain Toward High-End and Global Markets

Kunyi Electronics and AVL Sign Strategic Partnership to Advance China's Automotive E/E Testing Toolchain Toward High-End and Global Markets

In March 2026, Kunyi Electronics, a domestic electronic/elec. . .

NewsAssistant 7:00 | May 18, 2026
Tesla Rolls Out FSD v14.3.3: Smart Summon Speed Boosted to 13 km/h

Tesla Rolls Out FSD v14.3.3: Smart Summon Speed Boosted to 13 km/h

Tesla has rolled out the FSD v14.3.3 (Supervised) software u. . .

NewsAssistant 21:00 | May 17, 2026
BYD Builds 5,979 Flash Charging Stations Across 312 Cities, Aims for 20,000 by Year-End

BYD Builds 5,979 Flash Charging Stations Across 312 Cities, Aims for 20,000 by Year-End

On May 16, 2024, BYD announced that as of May 14, it had cum. . .

NewsAssistant 20:42 | May 17, 2026
Li Bin: NIO's Battery Swap in Over-Investment Phase, Set to Become Key Revenue Stream

Li Bin: NIO's Battery Swap in Over-Investment Phase, Set to Become Key Revenue Stream

At the 18th Xuanyuan Automotive Blue Book Forum held from Ma. . .

NewsAssistant 20:00 | May 17, 2026
Tesla to Build World’s First Cybercab-Exclusive Maintenance and Cleaning Center in Las Vegas

Tesla to Build World’s First Cybercab-Exclusive Maintenance and Cleaning Center in Las Vegas

Tesla is advancing an infrastructure project in Clark County. . .

NewsAssistant 20:00 | May 17, 2026