Search results for YU7
Telecommunications & Media
Autonomous driving market grows as shared e-bike big deal collapses
A planned merger in South Korea’s shared electric bicycle market has collapsed, scrapping a deal that could have produced a dominant operator. Socar’s sale of its Elecle e-bike unit to Kakao Mobility, operator of T Bike, was recently called off after final talks. Mobility platforms are also pushing into lifestyle services such as tire discounts and insurance. The article also highlights developments in Tesla, China’s autonomous driving market, Rivian, robotaxis and EV motorsports.
Industry
Xiaomi overhauls fast-growing EV sales team, hires former Tesla China sales executive
Xiaomi has hired Kong Yanshuang, who previously led Tesla’s sales organisation in China, to oversee its automobile sales operations. Media reports said Xiaomi has set a 2026 EV sales target of 550,000 units and that Kong joined in early March to handle the transition. The company has also recruited other former Tesla staff, and has reported rising deliveries and strong demand for refreshed SU7 models.
Mobility
Tesla Model Y keeps top spot in Q1 2026 EV sales despite year-on-year decline
The global electric-vehicle market lost momentum in January 2026 as U.S. and Chinese tax incentives were reduced or ended, cutting plug-in registrations 6% from a year earlier to about 1.2 million, a report cited by Cleantechnica showed. Tesla’s Model Y remained the top-selling model with 53,074 units, down 7%, while Model 3 sales fell 47% to under 15,000. Growth remained strong in parts of Asia and some emerging markets as Chinese exporters expanded overseas.
