Tag Archive : Auto

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The auto industry has had a rough go of it over the past few years. After a mini-recession resulting from the U.S.-China trade war sent auto sales down 1.4% last year, the COVID-19 pandemic put a big dent in sales this year as people quarantined and couldn’t get to dealerships.

Yet as people continue to avoid public transportation or ride-hailing companies, Americans appear to be turning to owning their own cars again, either used or new. After April auto sales were basically cut in half from pre-COVID February levels, auto sales have experienced a bounceback and have nearly recovered back to pre-COVID levels as of August.

Nevertheless, many automakers still face significant challenges, especially as the world turns to electric vehicles at an accelerating pace. That’s why the best way to play a recovery in autos may not be the automakers themselves, but rather these high-tech suppliers.

A car viewed from directly above, with automated safety andbraking system animations around it.

Image source: Getty

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BEIJING, Sept.¬†27, 2020 /PRNewswire/ —¬†China’s leading high-end, premium electric SUV, the HiPhi X, makes its debut at the 2020 Beijing Auto Show. Designed and built by Human Horizons in Shanghai, the HiPhi X combines cutting-edge technical innovation, sustainable manufacturing and state-of-the-art design, to create the world’s first continuously evolving super SUV. The event provides a new opportunity for Human Horizons to showcase some specific technical elements of HiPhi X, including a number of world-first innovations, which establish the company as a key player in the electrified era of intelligent mobility.

Following five-months delay due to the COVID-19 pandemic, the Beijing Auto Show becomes the first major international auto show to run since the outbreak began. The event is also an opportunity for many local manufacturers to showcase their latest achievements, as well as to display the latest additions from international carmakers. (PRNewsfoto/Human Horizons)
Following five-months delay due to the COVID-19 pandemic, the Beijing Auto Show becomes the first major international auto show to run since the outbreak began. The event is also an opportunity for many local manufacturers to showcase their latest achievements, as well as to display the latest additions from international carmakers. (PRNewsfoto/Human Horizons)

Following a five

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