Markus Henne, CEO of Genesis Motor China, introduces the X Speedium Coupe on Aug 25 at the Chengdu motor show.[Photo provided to chinadaily.com.cn] Hyundai’s luxury brand Genesis made the Chinese premiere of its X Speedium Coupe concept vehicle on Friday at the Chengdu motor show, which is running from Aug 25 to Sept 3 in… Continue reading Concept signals Genesis’s future vision
Author: China Daily Online News
Deepal revs up efforts to explore overseas market
Deepal showcases its latest models at the Chengdu motor show that runs from Aug 25 to Sept 3. [Photo provided to chinadaily.com.cn] Deepal is making foray into overseas markets, with Europe and Southeast Asia as major destinations, said the top executive of the Chinese NEV brand. “Our models for the two markets are under development,”… Continue reading Deepal revs up efforts to explore overseas market
NaaS plans to acquire Swedish EV charging supplier
China-born NaaS Technology Inc, an electric vehicle charging service company, announced it plans to acquire Charge Amps AB, a Swedish EV charging infrastructure supplier, for approximately $66.4 million of 100 percent of the issued and outstanding shares. The deal marks a landmark moment in the Chinese company’s expansion after its June acquisition of over 89… Continue reading NaaS plans to acquire Swedish EV charging supplier
China’s commercial vehicle sales up in first seven months
A new energy bus is displayed at the third China International Consumer Products Expo (CICPE) in Haikou, capital city of South China’s Hainan province, April 11, 2023. [Photo/Xinhua] BEIJING — China’s commercial vehicle production and sales continued to maintain rapid growth during the first seven months of this year, data from the China Association of… Continue reading China’s commercial vehicle sales up in first seven months
Volvo to unveil first electric MPV in November
Yuan Xiaolin, senior vice-president of Volvo and president and CEO of Volvo Asia-Pacific, answers questions from journalists at an event in Chengdu, Sichuan province, on Aug 24, 2023. [Photo by Li Fusheng/chinadaily.com.cn] Swedish carmaker Volvo will unveil its first electric MPV, the EM90, in November, said a senior executive on Thursday. Yuan Xiaolin, senior vice-president… Continue reading Volvo to unveil first electric MPV in November
East China’s Hefei to build up NEV industrial cluster
This photo taken on Aug 28, 2022 shows an assembly line of new energy vehicles at a factory in Hefei, East China’s Anhui province. [Photo/Xinhua] HEFEI — Hefei, the capital of East China’s Anhui province, aims to cultivate an industry cluster of new energy vehicles with annual revenue of over one trillion yuan ($138.91 billion)… Continue reading East China’s Hefei to build up NEV industrial cluster
Off-road brand M-Hero opens tech park in Wuhan
An M-Hero 917 is put to the test at its technology park, which opened in Wuhan, Hebei province, on Aug 19. [Photo provided to chinadaily.com.cn] Dongfeng Motor’s M-Hero brand inaugurated a technology park in Wuhan, Hubei province, on Saturday, another stride in the development of its new luxury electric off-road brand. The facility was completed… Continue reading Off-road brand M-Hero opens tech park in Wuhan
VinFast’s debut value surges ahead of rivals
Buyer Andrew Le takes delivery of his new VinFast electric car in Los Angeles, California, US, March 1, 2023. [Photo/Agencies] Electric vehicle maker VinFast went public on the Nasdaq last week valued at more than $85 billion, almost twice as much as Ford or General Motors, the largest carmakers in the United States. But there… Continue reading VinFast’s debut value surges ahead of rivals
Homegrown products create magic overseas
Vehicles for export are parked at a port in Lianyungang, Jiangsu province, in October. [WANG CHUN/FOR CHINA DAILY] First it was smartphones. Now, it’s electric vehicles. The past decade has seen Chinese-made products capture the world’s imagination like never before. The latest proof of this came from one of my friends. Soon after a vacation… Continue reading Homegrown products create magic overseas
NEV sales rev up as sector maintains growth trend
Visitors check out a Yangwang U9, an NEV from Chinese carmaker BYD during the Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen, Guangdong province, on June 17. CHINA DAILY New policies stabilize consumption, making nation largest market in world Sales of new energy vehicles are expected to hit 9 million units in China… Continue reading NEV sales rev up as sector maintains growth trend