Workers seen at a new energy vehicle production line in Liuzhou, Guangxi Zhuang autonomous region. JIN HAOYUAN/XINHUA China is on the cusp of leading the global transition to electric vehicles with sales overtaking fossil fuel-powered cars in 2025 and outperforming other countries, said a recent report by the UK-based Financial Times, citing assessments from four investment… Continue reading Revved-up year for NEV biz
Author: China Daily Online News
Seres achieves record NEV sales in 2024
AITO’s booth attracts visitors at the Second China International Supply China Expo from Nov 26 to 30, 2024, in Beijing. [Photo provided to chinadaily.com.cn] Chinese car maker Seres ended 2024 on a high note, reporting NEV sales in December of 37,319 units, bringing the company’s annual total to over 420,000 units—a remarkable 182.84 percent year-on-year… Continue reading Seres achieves record NEV sales in 2024
China strengthens support for autonomous driving technology as Beijing passes new regulations
Baidu and Pony.ai’s autonomous driving vehicles test on the street in Yizhuang in Beijing’s southern suburb. [Photo/China Daily] BEIJING — Beijing on Tuesday approved new regulations on autonomous vehicles, set to take effect on April 1, 2025, marking significant progress in advancing autonomous vehicle technologies in the Chinese capital amid the country’s efforts to support… Continue reading China strengthens support for autonomous driving technology as Beijing passes new regulations
Robust NEV sector highlights China’s green innovation potential
BEIJING — China’s major battery maker CATL recently launched a new electric vehicle (EV) chassis that can withstand a high-speed frontal impact at 120 km/h without catching fire, exploding, or causing any spread of damage, injecting new momentum into the innovative development for new energy vehicles (NEVs). The new integrated chassis, named the “Bedrock Chassis,”… Continue reading Robust NEV sector highlights China’s green innovation potential
Tesla’s Shanghai energy storage Megafactory begins trial production
An aerial drone photo taken on Dec 15, 2024 shows a view of Tesla’s megafactory in east China’s Shanghai. [Photo/Xinhua] SHANGHAI — US carmaker Tesla’s Shanghai energy storage Megafactory has begun trial production, serving as a good example of cooperation between China and the United States to address climate challenges. The new plant is dedicated… Continue reading Tesla’s Shanghai energy storage Megafactory begins trial production
Beijing passes regulations to support, govern autonomous driving technologies
BEIJING — Beijing on Tuesday approved new regulations on autonomous vehicles, set to take effect on April 1, 2025, marking significant progress in advancing autonomous vehicle technologies in the Chinese capital. The regulations, passed by the Standing Committee of Beijing Municipal People’s Congress, explicitly encourage and support policies and measures for technological innovation and industrial… Continue reading Beijing passes regulations to support, govern autonomous driving technologies
China will lead EV market, says foreign media
China is poised to lead the global shift to electric vehicles, said a recent report by the UK media outlet Financial Times, citing assessments from four investment banks and research institutes. The report said that electric vehicle sales in China will surpass 12 million units, an estimated year-on-year growth of 20 percent. This projection outstrips… Continue reading China will lead EV market, says foreign media
EV sales remain strong globally: AP
Members of the public inspect Leapmotor’s T03 on display at the 2024 Paris Motor Show on Oct 14. [Photo/Xinhua] NEW YORK — Electric vehicles (EVs) had another whirlwind year around the globe, driven by buyers in China, and growth in parts of Europe and the United States, despite headwinds, reported The Associated Press (AP) on… Continue reading EV sales remain strong globally: AP
Toyota to produce Lexus EVs in China
Toyota, the world’s largest carmaker by sales, plans to build an electric vehicle factory in Shanghai for its premium Lexus brand to catch up with local EV brands in China, reported the Nikkei on Monday. The report said Toyota aims to bring the factory online around 2027 and will operate it without a local partner.… Continue reading Toyota to produce Lexus EVs in China
Chinese EVs dominate Myanmar’s Christmas motor show
YANGON — Chinese electric vehicle (EV) brands such as JMEV, BAIC and LEAP Motor took center stage at a Christmas motor show in Myanmar this year. The event, held in conjunction with a real estate exhibition in Yangon, from Dec 20 to Dec 22, welcomed Christmas with a showcase that drew crowds of visitors eager… Continue reading Chinese EVs dominate Myanmar’s Christmas motor show