[Photo provided to chinadaily.com.cn] Chinese tech company Xiaomi Corp finally took the veil off its much-anticipated first electric vehicle on Thursday, as its founder aims to compete with Porsche and Tesla to become one of the world’s top five auto manufacturers in the future. Lei Jun, founder and CEO of Xiaomi, said at a product… Continue reading Xiaomi finally announces its first electric vehicle
Author: China Daily Online News
China charging ahead in global EV battery sector
A worker operates equipment at a production line of Gotion High-tech Co, a Chinese company focusing on power battery development and production, in Hefei, Anhui province, in December 2022. RUAN XUEFENG/FOR CHINA DAILY Globalization still priority next year as home market becomes saturated amid challengesChina has helped power millions of electric vehicles around the world in… Continue reading China charging ahead in global EV battery sector
Nio consolidates upward spiral with flagship sedan
Nio’s CEO William Li (left) and President Qin Lihong hold a media briefing on December 24, 2023, in Xi’an, Shaanxi province. [Photo provided to chinadaily.com.cn] Chinese electric vehicle startup Nio unveiled its executive flagship sedan on Saturday in Xi’an, Shaanxi province, as its latest effort to boost the upward trajectory in the competitive vehicle market.… Continue reading Nio consolidates upward spiral with flagship sedan
Public transport made easier for foreigners in Shanghai
Buses pick up passengers at a stop in Yangpu district of Shanghai. [Photo/IC] Local authorities in Shanghai have launched an English version of the city’s smart mobility app, which offers foreigners in the metropolis an easier access to its vast transport network. Via the Suishenxing app, they can get an all-in-one code on their smart… Continue reading Public transport made easier for foreigners in Shanghai
I.T Box looks to revolutionize car-hailing market
Beijing-based startup I.T Box is to roll out its first car-hailing model in late 2024. LI FUSHENG/CHINA DAILY I.T Box, a Beijing-based startup, is planning to carve a niche in China’s giant but fiercely competitive car-hailing market, with Didi Chuxing as the dominant player since it took over Uber’s operations in the country in 2016. There… Continue reading I.T Box looks to revolutionize car-hailing market
L3 self-driving vehicle tests hot up in China
Two Level 3 vehicles are seen at an IM Motors facility in Shanghai. [Photo provided to CHINA DAILY] More automakers are being allowed to test Level 3 vehicles in China, a sign of mass adoption of highly autonomous driving technologies in the world’s largest vehicle market. Mercedes-Benz announced last week it gained the permit to… Continue reading L3 self-driving vehicle tests hot up in China
Tesla acquires land for megapack plant in Shanghai
Tesla inks a land transfer deal with Lin-Gang Special Area Administration on Dec 22, 2023 in Shanghai. [Photo provided to chinadaily.com.cn] Construction of Tesla’s megapack plant in Shanghai is scheduled to start in the first quarter of 2024, said the company on Friday. The announcement came after it inked a land transfer deal on the… Continue reading Tesla acquires land for megapack plant in Shanghai
Daihatsu suspends vehicle shipment over safety scandal
Daihatsu Motor President Soichiro Okudaira attends a press conference as reporters raise their hands for questions in Tokyo, Japan Dec 20, 2023. [Photo/Agencies] Toyota’s subsidiary Daihatsu has suspended shipments of all its vehicles in and outside Japan after an investigation found rigged safety testing dating back over three decades. Three engines and 64 models were… Continue reading Daihatsu suspends vehicle shipment over safety scandal
BYD expected to equal Tesla’s global sales
Visitors look at models from BYD, a Chinese auto manufacturer, during an event ahead of the opening of the Munich auto show IAA Mobility 2023, on Sept 4. [Photo/Agencies] BYD’s global shares by shipments (excluding Denza) have almost caught up with that of Tesla in the third quarter of this year as both of them… Continue reading BYD expected to equal Tesla’s global sales
Europe’s EV market enters ‘valley of death’
Maxus showcases its products at an auto show in Poland in 2023. [Photo provided to chinadaily.com.cn] After years of accelerating growth, Europe’s electric car sales appear to be entering a go-slow zone as drivers wait for better, cheaper models that are two to three years down the road. Fully-electric vehicle sales in Europe were up… Continue reading Europe’s EV market enters ‘valley of death’