A Volkswagen charging station is displayed at the Shanghai auto show on April 18, 2023. [Photo provided to chinadaily.com.cn] Volkswagen AG expects to scale up its sales to 4 million units in 2030 in China, which CEO Oliver Blume said is the German carmaker’s “second home market”. The 2030 sales goal, which was announced on… Continue reading VW to grow China sales to 4 million units in 2030
Author: China Daily Online News
Volkswagen speeds up investment in electric vehicles in China
An aerial photo taken on Aug 20, 2023 shows a view of Volkswagen (Anhui) Automotive Company Limited in Hefei, East China’s Anhui province. [Xinhua/Guo Chen] TIANJIN — In the face of China’s rapid growth of electric mobility, Volkswagen Group is revving up its investment in the electrification shift in a bid to expand its presence… Continue reading Volkswagen speeds up investment in electric vehicles in China
Brose seeks long-term development in China
German auto supplier Brose showcases its products at the Shanghai auto show in April 2023. [Photo provided to chinadaily.com.cn] Brose is committed to pursuing long-term development in China, said an executive in charge of the German auto supplier’s operations in the country on Monday. “China is the world’s largest vehicle market and one of the… Continue reading Brose seeks long-term development in China
German car parts supplier continues investment in China with confidence
Continental AG’s Logo. [Photo/VCG] HEFEI — A new project of German tire manufacturer Continental AG’s Hefei plant in the capital city of East China’s Anhui province, is currently in full construction mode. With advanced production techniques and product technologies, it is expected to commence operations in July. This move signifies another investment by the world-leading… Continue reading German car parts supplier continues investment in China with confidence
Chinese-brand passenger vehicle sales surge in Q1
Robot arms make automobiles in a factory in Qingdao, East China’s Shandong province on Dec 20, 2022. [Photo/Xinhua] BEIJING — Sales of Chinese-brand passenger vehicles soared 26.4 percent year-on-year in the first quarter of 2024, industry data showed. About 3.39 million such vehicles were sold during this period, according to the China Association of Automobile… Continue reading Chinese-brand passenger vehicle sales surge in Q1
China’s EV charging infrastructure sees robust growth in Q1
A villager uses newly established facilities to charge her electric car in Badong county, Hubei province, on Feb 2. WEN LIN/FOR CHINA DAILY BEIJING — China’s electric vehicle charging infrastructure experienced steady growth in the first quarter of 2024, according to industry data. The China Electric Vehicle Charging Infrastructure Promotion Alliance reported the addition of… Continue reading China’s EV charging infrastructure sees robust growth in Q1
VW to invest $2.67b for expansion of Hefei hub
Volkswagen showcases the ID.3 at the Chengdu auto show in August. LI FUSHENG/CHINA DAILY Volkswagen is investing 2.5 billion euros ($2.67 billion) in China as the German car group celebrates its 40th anniversary in the world’s largest vehicle market. The investment will be spent on expanding its production and innovation hub in Hefei, Anhui province,… Continue reading VW to invest $2.67b for expansion of Hefei hub
GAC Group unveils new visual intelligence driving system
Ontime, a mobile transportation service provider affiliated with GAC Group, launched an autonomous driving data solution with data on the company’s Tech Day. [Photo provided to chinadaily.com.cn] GAC Group, a leading automobile manufacturer based in Guangzhou, the capital of Guangdong province, unveiled its domestically-developed imageless pure visual intelligent driving system and large capacity all-solid power… Continue reading GAC Group unveils new visual intelligence driving system
Hainan 2024 NEV rally showcases innovative green cars
The inaugural Hainan 2024 New Energy Vehicle (NEV) Public Testing Island Rally kicks off on Friday morning. [Photo provided to chinadaily.com.cn] The inaugural Hainan 2024 New Energy Vehicle (NEV) Public Testing Island Rally kicked off on Friday morning. With over 20 of the most popular NEV models participating, the two-day event promises to showcase the… Continue reading Hainan 2024 NEV rally showcases innovative green cars
GM China joint venture sees soaring vehicle export in Q1
Dozens of SAIC-GM-Wuling’s popular Hong Guang MINI EV are shown at an event in Shanghai. [Photo provided to chinadaily.com.cn] NANNING – SAIC-GM-Wuling (SGMW), a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, saw its first quarter (Q1) vehicle exports reach 49,330 units, up 48 percent year-on-year. In March alone, the company, based… Continue reading GM China joint venture sees soaring vehicle export in Q1