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Market news: After the deadlock over a defunct agreement failed to be resolved, 19 World Trade Organization members, including the United States, reached a consensus to agree not to impose tariffs on e-commerce.

2026-05-07

Market news: After the deadlock over a defunct agreement failed to be resolved, 19 World Trade Organization members, including the United States, reached a consensus to agree not to impose tariffs on e-commerce.

Other News
2026-05-07

IRAN MARITIME AUTHORITY SAYS READY TO PROVIDE SERVICES TO COMMERCIAL VESSELS OPERATING IN STRAIT OF HORMUZ

IRAN MARITIME AUTHORITY SAYS READY TO PROVIDE SERVICES TO COMMERCIAL VESSELS OPERATING IN STRAIT OF HORMUZ
2026-05-07

1. Cui Dongshu of the China Passenger Car Association (CPCA) suggests the introduction of standards for affordable electric vehicles to meet the needs of China's aging population and rural markets. 2. BYD, the only new energy vehicle company member

1. Cui Dongshu of the China Passenger Car Association (CPCA) suggests the introduction of standards for affordable electric vehicles to meet the needs of China's aging population and rural markets. 2. BYD, the only new energy vehicle company member of the International Automotive Technology and Research Center (IATF), has successfully entered the core circle of global automotive industry rule-making. 3. China Association of Automobile Manufacturers (CAAM): March vehicle imports totaled 28,000 units, a year-on-year decrease of nearly 30%, while imports from January to March reached 97,000 units, an increase of 2.6%. 4. Tesla's repurchase intention remains high, winning the S&P Global Automotive Customer Loyalty Award for the fourth consecutive year. 5. Tesla launches official battery repair certification, providing a solution to the problem of resale value for used electric vehicles. 6. BMW responds to rumors of a large new energy battery order from LG: no comment or speculation, continuing to evaluate its supplier lineup. 7. GAC Group: April automobile production increased by 23.28% year-on-year, and sales increased by 3.88%. 8. SAIC Motor's April sales reached 328,841 units, a year-on-year decrease of 12.66%, with SAIC Volkswagen experiencing a sharp drop of over 50%. 9. Foton Motor: April 2026 sales: 60,373 vehicles, including 10,349 new energy vehicles. 10. Faraday Future: Suspended the original Super One 400V model cooperation project and switched to an 800V architecture. 11. Ford CEO Farley vowed to build cars that Americans can afford: This is the industry's priority.
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