People visit the exhibition booth of BYD at an auto show in Xi’an, Northwest China’s Shaanxi province, May 1, 2024. [Photo/Xinhua] TOKYO — Chinese automaker BYD on Tuesday unveiled its third electric vehicle (EV), the SEAL, in Japan, as the company marches into the country’s sedan market. The SEAL will be available in two versions,… Continue reading BYD launches 3rd EV model in Japan
Author: China Daily Online News
Price of electric Ferrari to be at least $535,000
A Ferrari logo is being installed on a Ferrari car at Ferrari’s new ‘e-building’ facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. [Photo/Agencies] Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with… Continue reading Price of electric Ferrari to be at least $535,000
China ready for dialogue on EVs if EU willing to talk
BEIJING, June 22 (Xinhua) — China stands ready for dialogue and consultations on electric vehicles (EVs) if the European Union (EU) is willing to sit down at the negotiating table with sincerity, Commerce Minister Wang Wentao said Saturday. Wang made the remarks during a meeting with German Vice Chancellor Robert Habeck, the Ministry of Commerce… Continue reading China ready for dialogue on EVs if EU willing to talk
SAIC Motor to hold onto European market despite new tariffs: senior management
A poster for an MG-4 EV, a brand of Chinese state-owned carmaker SAIC, is displayed at a car showroom in Santander, Spain, June 13, 2024. [REUTERS/Vincent West] BRUSSELS — Leading Chinese car maker SAIC Motor Europe will honor its commitment to European consumers despite the European Union’s (EU) recent decision to raise temporary tariffs… Continue reading SAIC Motor to hold onto European market despite new tariffs: senior management
China’s NEV penetration to hit new high of 49.1% in June: survey
A view of a charging station that utilizes photovoltaic storage systems in Yiyuan county, Shandong province, in May 2023. ZHU ZHENG/XINHUA BEIJING – The penetration rate of new energy vehicles (NEVs) in China, a gauge of popularity, is expected to hit a new high of 49.1 percent in June, as the market continues to grow… Continue reading China’s NEV penetration to hit new high of 49.1% in June: survey
Smart driving sees higher acceptance in China
Seres Chairman Zhang Xinghai speaks at the World Intelligence Expo on June 20, 2024. [Photo provided to chinadaily.com.cn] Smart driving is gaining momentum in China as a growing number of NEV drivers are getting accustomed to such functions. At first they did not dare to use the functions but gradually their fear is gone and… Continue reading Smart driving sees higher acceptance in China
Beijing E-town welcomes a new lithium-ion battery factory
The Beijing Economic-Technological Development Area has gathered a group of leading vehicle manufacturers, including Beijing Benz and Xiaomi Auto. A joint battery cell facility owned by CATL, BAIC and Xiaomi began construction on Tuesday. [Photo provided to chinadaily.com.cn] On Tuesday, the Beijing Economic-Technological Development Area, also called Beijing E-town, welcomed Contemporary Amperex Technology Co Ltd,… Continue reading Beijing E-town welcomes a new lithium-ion battery factory
China leads world in charging infrastructure installation number: NDRC
Charging piles for new energy vehicles are seen in Shenzhen, South China’s Guangdong province, on Oct 25, 2023. [Photo/VCG] BEIJING — China has established a charging infrastructure network that boasts the world’s largest number of installations, the most extensive services, and the most diverse range of options, according to the country’s top economic planner. As… Continue reading China leads world in charging infrastructure installation number: NDRC
EU’s tariff plan targeting Chinese EVs to undermine its own green transition: official
Employees work on the assembly line of a new energy vehicle manufacturer in Chongqing. [Photo by TANG YI/XINHUA] BEIJING — The European Union’s plan to impose additional duties on imports of Chinese electric vehicles will undermine its own green and low-carbon transformation and the global response to climate change, a Chinese official said Tuesday. Li… Continue reading EU’s tariff plan targeting Chinese EVs to undermine its own green transition: official
Protectionism wrong approach to dealing with China’s EV industry: German expert
A view of Chinese carmaker BYD’s assembly line of new energy vehicles in Zhengzhou, Henan province. [Photo/Xinhua] FRANKFURT – Protectionism is the wrong approach to dealing with the rise of China’s electric vehicle (EV) industry, and would be detrimental to European automakers, a German expert in the field has said. European countries will emerge as… Continue reading Protectionism wrong approach to dealing with China’s EV industry: German expert