China remains key to global auto industry

A new energy vehicle on display during a recent expo in Shanghai. CHINA DAILY Despite the European Union’s imposition of provisional import tariffs on Chinese electric vehicles from Friday, China’s robust market and manufacturing capabilities remain pivotal for the world’s green transition and the strategies of international automakers, analysts and business leaders said. With multiple… Continue reading China remains key to global auto industry

China and EU to expedite consultations on tariffs on Chinese EVs

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. [Photo provided to China Daily] China and the European Union, based on facts and rules, will expedite consultations over the bloc’s decision to impose hefty tariffs on Chinese-made battery electric vehicles, to reach a solution that is acceptable to both… Continue reading China and EU to expedite consultations on tariffs on Chinese EVs

Knorr-Bremse Commercial Vehicle Systems deepens localization in China

The new plant of Knorr-Bremse Commercial Vehicle Systems in Dalian, Liaoning province, starts operation in late June 2024. [Photo by Li Fusheng/chinadaily.com.cn] Knorr-Bremse Commercial Vehicle Systems is revving up localization efforts to equip Chinese truckmakers to better explore local and overseas markets. The German company started production in China 20 years ago, and has since… Continue reading Knorr-Bremse Commercial Vehicle Systems deepens localization in China

Chinese robotics firm, FAW-Volkswagen join hands to build humanoid robot-run car factory

A humanoid robot of UBTech Robotics works at an automobile factory in Hefei, Anhui province, this year. [Photo provided to China Daily] SHENZHEN — UBTECH, a Shenzhen-based humanoid robotics research and manufacturing company, and FAW-Volkswagen, one of China’s earliest joint venture automakers, have announced that they will work together on developing highly intelligent and flexible… Continue reading Chinese robotics firm, FAW-Volkswagen join hands to build humanoid robot-run car factory

Talks critical to resolving EU tariff spat

Hundreds of vehicles line up at a port of Wuhu, Anhui province, on March 10, 2024, awaiting export. [WANG YUSHI/FOR CHINA DAILY] Despite the challenging and highly complex nature of China-European Union negotiations on the latter’s anti-subsidy investigation into Chinese electric vehicles, such talks remain the most effective way to prevent the escalation of bilateral… Continue reading Talks critical to resolving EU tariff spat

China’s EV sector continues to lead world’s green transition

Visitors gather at the booth of BearingPoint during the sixth China International Import Expo in Shanghai in November, 2023. [Photo provided to chinadaily.com.cn] China’s fast-growing electric vehicle sector will continue to lead the world’s green transition and create enormous growth opportunities for upstream and downstream industries in both home and global markets in the years… Continue reading China’s EV sector continues to lead world’s green transition

Chinese carmakers to possess 33% market share by 2030: report

An exterior view of the first dealership opened by Chinese carmaker BAIC, April 6, 2023, in Russia. [Photo/VCG] Chinese branded carmakers are expected to take up 33 percent of the overall global market share by 2030 according to a report by Global consulting firm AlixPartners, financial news outlet Cailian Press reported on Friday. Sales volume… Continue reading Chinese carmakers to possess 33% market share by 2030: report

SAIC, VW to co-develop NEVs at Chinese JV

Representatives from SAIC, Volkswagen as well as their joint venture SAIC Volkswagen ink deals on June 27, 2024 in Shanghai to develop NEVs for the Chinese market. [Photo provided to chinadaily.com.cn] Chinese carmaker SAIC Motor and its German partner Volkswagen are to co-develop three plug-in hybrids and two pure electric vehicle models in China, according… Continue reading SAIC, VW to co-develop NEVs at Chinese JV

China, EU expedite talks on EV tariffs

Chinese new energy vehicles on display during an auto expo in Brussels earlier this year. ZHAO DINGZHE/XINHUA China and the European Union are expediting consultations on the latter’s anti-subsidy investigation into Chinese electric vehicles, and aim to reach a mutually acceptable solution by addressing the reasonable concerns of both sides, said China’s Ministry of Commerce… Continue reading China, EU expedite talks on EV tariffs

VW China exec advocates free, open markets

A technician works on the final inspection of an electric Volkswagen ID. 4 car model at the production plant of the Volkswagen Group in Zwickau, Germany, April 26, 2022. [Photo/Agencies] Volkswagen Group is a strong advocate for free and open markets, said Ralf Brandstaetter, member of the board of management of the German car group… Continue reading VW China exec advocates free, open markets