Juergen Unser, vice-president of FAW-Volkswagen. [Photo provided to China Daily] FAW-Volkswagen Automotive Co has inaugurated a new plant in Qingdao, East China’s Shandong province, as one of the joint venture’s latest efforts to charge ahead in the world’s largest car market. The plant, which was unveiled last Monday, employs 3,000 people and has an annual… Continue reading FAW-Volkswagen launches advanced new Qingdao plant
Author: China Daily Online News
First generation e-cars will be gone tomorrow, says expert
Ding Lei, founder and chairman of electric car startup Huaren Technology R&D Co. [Photo provided to China Daily] Most electric models currently mushrooming in the Chinese auto sector will lose their appeal in two or three years, as they were designed as “makeshift substitutes” for gasoline cars, according to Ding Lei, founder and chairman of… Continue reading First generation e-cars will be gone tomorrow, says expert
Auto tariff cut to fuel sales of SUVs, new energy cars
Visitors look at a Porsche during the biennial Beijing auto show in May. [Photo by Wang Zhuangfei/China Daily] China’s plans to slash its automobile import tariffs are expected to fuel sales of premium SUVs and new energy cars, which are already riding high in the country. The tariffs, which now range from 20 to 25… Continue reading Auto tariff cut to fuel sales of SUVs, new energy cars
Cooperation with China’s Geely to revive national car brand: Malaysian PM
The Emgrand electric car, produced by Geely, featured at an auto show in Shanghai. The Emgrand has been widely praised by electric-car enthusiasts.[Photo provided to China Daily] PEKAN – Malaysian Prime Minister Najib Razak on Friday highlighted the capacity of China’s Zhejiang Geely Holding Group, saying Geely will help the Malaysian national car brand Proton… Continue reading Cooperation with China’s Geely to revive national car brand: Malaysian PM
Chinese electric automaker BYD drives job growth in S California
Chinese electric automaker BYD drives job growth in S California. [Photo/IC] LOS ANGELES – “I started out on the line just a year ago as an hourly worker, same as everybody else,” recalls Kris Esposito, the newly-minted Production Manager of the Bus Chassis Section of China’s new BYD electric bus factory in Lancaster. “But BYD rewards… Continue reading Chinese electric automaker BYD drives job growth in S California
China’s BYD, US Hybrid to develop first-ever hydrogen electric bus
China’s leading electric vehicle maker BYD announced Wednesday to team with US Hybrid Corporation to develop a hydrogen fuel cells battery-electric bus.[Photo/IC] LOS ANGELES – China’s leading electric vehicle maker BYD announced Wednesday to team with US Hybrid Corporation to develop a hydrogen fuel cells battery-electric bus. According to a press release of BYD (Build… Continue reading China’s BYD, US Hybrid to develop first-ever hydrogen electric bus
Nissan to introduce 20 new electric models to China within five years
The Nissan Leaf full electric vehicle. [Photo provided to chinadaily.com.cn] TIANJIN – Japanese automaker Nissan will launch 20 new electric vehicles (EVs) in China in the next five years, the company announced on Wednesday at the on-going Beijing International Automotive Exhibition. Jose Munoz, chairman of Nissan’s China management committee,said that Nissan will open a new… Continue reading Nissan to introduce 20 new electric models to China within five years
Geely, Aisin sets up automatic transmission JV
A Geely Emgrand EV300 is on display at an auto exhibition in Fuzhou, East China’s Fujian province, June 19, 2017. [Photo/VCG] HANGZHOU – Chinese automaker Geely on Wednesday announced that it has signed a deal to set up an automatic transmission joint venture with Japan’s Aisin AW. The joint venture has a registered capital of… Continue reading Geely, Aisin sets up automatic transmission JV
China to phase out auto joint ventures equity cap
A new Ferrari 488 Pista on display during the 88th Geneva International Motor Show in Geneva, Switzerland. [Photo/IC] China will phase out the equity cap on automotive joint ventures by 2022, with the cap on manufacturers of new energy vehicles and special-use vehicles to be removed later this year, according to the National Development and… Continue reading China to phase out auto joint ventures equity cap
Chinese NEV start-up Singulato to invest big in Suzhou
Singulato’s CEO Shen Haiyin attends the launching ceremony of an electric SUV Singulato iS6 in Beijing, April 13, 2017.[Photo/VCG] NANJING – Chinese new energy vehicle (NEV) start-up Singulato Motors announced Saturday plans to invest 15 billion yuan ($2.39 billion) in the manufacturing hub of East China’s Suzhou over the next five years. A partnership between… Continue reading Chinese NEV start-up Singulato to invest big in Suzhou