WardsAuto Daily Edition
 
















DECEMBER 15, 2023



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Nio Confirms Second EV Brand Will Launch in 2024

NIO's CEO promises the Chinese automaker will “disrupt the game.”

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Autoline Daily 2023: Top Industry News for Dec. 15
BYD Song L Undercuts Tesla Y By $10,000; MG 5 Gets Crushed in Crash Tests; Honda To Lease Used Cars

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Renewable Energy, Water Keys for Mexico to Reach Nearshoring Potential

“It used to be that companies talked more about location, but now energy and water are key,” says Emmanuel Loo, undersecretary of economy and foreign investment for the state of Nuevo Leon.

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France Cuts Purchase Incentives for Chinese BEVs

Ecology agency rules out China's vehicles constructed using a coal-dominated energy mix.

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Hyundai Again Dominates Most-Seen Auto TV Ads Chart

The automaker has two commercials on iSpot’s ranking that received a combined 342.6 million national TV ad impressions.

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FROM AUTOMOTIVE DIVE
GM’s Cruise Unit Lays Off 24% of Its Workforce a Day After Executive Dismissals
About 900 employees are impacted by the job cuts, which come as the company slows down commercialization of its autonomous products to focus on improving its technology.
FOR WARDS INTELLIGENCE SUBSCRIBERS
Will 2024 Bring More Certainty?
With another year nearly over since the beginning of the pandemic in early 2020, and subsequent volatility it caused that still lingers today, next year should bring more certainty and give the industry a better idea of what the future will look like.