News
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Premium SUV by Zeekr takes aim at German rivals
Zeekr, the premium electric marque of Geely, launched a compact SUV on Wednesday in Chengdu, Southwest China’s Sichuan province, aiming to challenge German carmakers BMW, Mercedes-Benz and Audi. The electric Zeekr X comes in three variants at prices starting from 189,800 yuan ($27,600), wi...Read more -
Honda to export China-made vehicles to Japan
GAC Honda is to export the Odyssey made at its Zengcheng plant in Guangdong province to Japan starting from the second half this year, said the Sino-Japanese joint venture on Friday. This will mark the first time that China-made Honda vehicles will be sold in Japan. Honda is one of the largest c...Read more -
CATL: Hungary EV battery plant still a ‘go’
Contemporary Amperex Technology Co Ltd, the world’s largest battery maker for electric vehicles, told China Daily that its battery plant in Hungary is “proceeding as planned”, rebutting market rumors that the Hungarian plant had halted construction plans due to environmental i...Read more -
Chinese automaker builds intelligent factory for customized production
The integrated development of a new generation of information technologies and advanced manufacturing technologies has become a distinctive feature of a new round of industrial reform. So far, over 2,100 high-standard digital workshops and intelligent factories have been built across China. In ...Read more -
Foreign, domestic automakers turn to price cuts to energize sales amid slump
China’s top automobile industry association has called on automakers to manage competition in a reasonable way to prevent excesses that may unnecessarily hamper a market recovering from the COVID-19 pandemic and chip shortages. “Cutting inventories and recovering costs are acceptable...Read more -
Audi targets past glory with electric platform
Audi is now in transition but it aspires to seek a position in the electric vehicle sector similar to the one it has enjoyed in the gasoline era, said CEO Markus Duesmann. He made the remark on Thursday in an interview with China Daily ahead of the company’s annual news conference. The com...Read more -
China to build international platform for Chinese car manufacturers
China will build a high-level international platform featuring openness and exchange for the automobile industry to help Chinese car manufacturers go global and contribute more to the country’s vehicle export, analysts said at China Auto Import and Export Forum. Gao Zhan, president of Gen...Read more -
Porsche ready for post-COVID era
Porsche saw a rare sales dip in China in 2022 but the German sports carmaker is now “well set” in its largest market globally, said its top executive in the country. It delivered 93,286 vehicles to Chinese buyers last year, down 2 percent from 2021, but this still made up more than 3...Read more -
Nio expects to be profitable by end of this year
China’s leading electric carmaker Nio expects its 2023 sales to double figures from 2022, in hopes the firm will no longer be in the red by the end of the fourth quarter. Nio CEO William Li revealed the estimates last week as the New York-listed startup released its financial results for ...Read more -
FAW Toyota’s first electric sedan hits Chinese market
Sino-Japanese FAW Toyota launched the bZ3 on Monday, marking its entry into China’s competitive electric sedan market. The model, also Toyota’s first electric sedan, is available in three variants. It is made at FAW Toyota’s dedicated NEV plant in China. Like the bZ4X SUV, the ...Read more -
Chinese companies promoting electric vehicles in Panama
PANAMA CITY – Chinese manufacturers and exporters of electric vehicles, including motorbikes, bicycles and even scooters, have made a strong showing at the 2023 Panama E-Mobility Expo, underscoring their interest in promoting electric vehicles here. Designed to spur the sector’s dev...Read more -
Traditional auto base rides NEV wave
WUHAN, Feb. 23 (Xinhua) — In the city of Shiyan, one of China’s automobile manufacturing hubs, a factory is operating at full capacity, producing a car every two minutes, and the demand for their vehicles is so high that orders are booked until the end of the month. The plant owned b...Read more