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Federal Reserve Chairman Jerome Powell: It's not an overly worrying picture.

2025-10-30

Federal Reserve Chairman Jerome Powell: It's not an overly worrying picture.

Other News
2025-10-30

1. China Passenger Car Association (CPCA): From October 1st to 26th, retail sales of new energy passenger vehicles nationwide reached 901,000 units, a decrease of 8% compared to the same period last month. 2. Elon Musk: Tesla's Autopilot system is e

1. China Passenger Car Association (CPCA): From October 1st to 26th, retail sales of new energy passenger vehicles nationwide reached 901,000 units, a decrease of 8% compared to the same period last month. 2. Elon Musk: Tesla's Autopilot system is expected to become the fastest-adopting technology in history. 3. Asia-Pacific debut: Tesla's Cybercab driverless taxi will debut at the 8th China International Import Expo. 4. General Motors has asked nearly 5,500 employees to take unpaid leave to assess electric vehicle production. 5. Hyundai Motor's third-quarter operating profit was 2.54 trillion won, in line with market expectations. 6. XPeng Technology Day 2025 is scheduled for November 5th; He Xiaopeng stated that "surprising capabilities" have emerged in the field of physical AI. 7. Toyota will equip its mass-produced electric vehicles with solid-state batteries by 2027, achieving a range of up to 1,199 kilometers. 8. my country's new energy vehicle insurance premiums are expected to reach approximately 200 billion yuan this year, with a growth rate exceeding 30%. 9. Volkswagen Group reported an operating loss of nearly 1.3 billion euros in the third quarter. 10. The Piëch family of Porsche is considering investing in Volkswagen's diesel engine business. 11. Automakers and battery companies are collaborating, with frequent breakthroughs in solid-state battery development. 12. Audi A8 sales plummeted 26.3% last year; the company stated that the launch date and powertrain of the next-generation model are still undecided. 13. Starchip Technology and CATARC's subsidiary, CATARC Core, signed a strategic cooperation agreement.
2025-10-30

Volkswagen CFO: (Regarding US tariffs) We are studying countermeasures, the biggest of which will be cost compensation. We are also considering localization issues for Audi, but cannot make a definitive statement on this at this time.

Volkswagen CFO: (Regarding US tariffs) We are studying countermeasures, the biggest of which will be cost compensation. We are also considering localization issues for Audi, but cannot make a definitive statement on this at this time.
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