Robotic arms assemble vehicles in BMW Brilliance Automotive’s Lydia plant in Shenyang, Liaoning province, in February. CHINA DAILY Letters of intent signed by major auto companies with top economic planner German and Chinese carmakers are optimistic about more exchanges and cooperation as the two countries are forging closer relations in the automotive industry. BMW, Mercedes-Benz… Continue reading Sino-German co-op to boost new energy vehicle sector
Author: China Daily Online News
NDRC announces significant China-Germany automotive cooperation
Employees put finishing touches to cars at the SAIC Volkswagen factory in Shanghai. [Photo/Xinhua] China has signed statements of intent to cooperate with three German automakers in a bid to further promote cooperation in the two nations’ automotive sectors, the country’s top economic regulator said on Wednesday. The National Development and Reform Commission, or NDRC,… Continue reading NDRC announces significant China-Germany automotive cooperation
Nio Inc gets $1.1b investment from CYVN Holdings
A Nio EP9 supercar is on display in Shanghai on April 20, 2023. [Photo/VCG] China’s new energy vehicle leading brand Nio Inc announced on Tuesday that it has entered into a share subscription agreement with CYVN Holdings LLC, an investment vehicle majority owned by the Abu Dhabi government. CYVN Holdings will invest an aggregate of… Continue reading Nio Inc gets $1.1b investment from CYVN Holdings
China pushes its development of intelligent vehicles
Baidu and Pony.ai’s autonomous driving vehicles test on the street in Yizhuang in Beijing’s southern suburb. [Photo provided to CHINA DAILY] China will support the commercial application of Level 3 and above autonomous driving systems, as part of its broader push to bolster the development of intelligent connected vehicles, the country’s top industry regulator said… Continue reading China pushes its development of intelligent vehicles
China, a leading market, innovation hub to bring more opportunities, says BMW CEO
Cars are seen in production at a BMW Brilliant factory in Shenyang, Liaoning province. YANG QING/XINHUA BERLIN — China, a major marketplace and global leader in innovation, will offer more opportunities for cooperation between Chinese and German companies, Jochen Goller, president and CEO of BMW Group Region China, has said. “Now China is a big… Continue reading China, a leading market, innovation hub to bring more opportunities, says BMW CEO
Program initiated to facilitate carbon management
Shi Yongwan, Party secretary of China Automotive Carbon Digital Technology Center, delivers a speech on June 19, 2023. [Photo provided to chinadaily.com.cn] China Automotive Carbon Digital Technology Center launched a program on Monday to help small and medium-sized companies in the industry sector to manage their carbon footprint. The center said the program will involve… Continue reading Program initiated to facilitate carbon management
China facilitates purchase of electric cars in rural areas
BYD’s electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING/FOR CHINA DAILY] BEIJING – Chinese authorities on Friday launched this year’s promotional campaign for new-energy vehicles (NEVs) in rural areas in three locations — East China’s Wuxi, South China’s Qionghai, and Central China’s Jingmen. The activity will last… Continue reading China facilitates purchase of electric cars in rural areas
China’s automobile manufacturing industry logs robust growth in January-April
A VV6 model from Great Wall Motors is shown at the CES Asia show in Shanghai. [Photo by Li Fusheng/China Daily] BEIJING – China’s automobile manufacturing sector registered strong expansion in terms of production, revenue and profit during the first four months of the year, industry data showed. Industrial added value of the sector rose… Continue reading China’s automobile manufacturing industry logs robust growth in January-April
Auto sector sees moderate recovery
Machines operate on a production line of Geely Auto Group in Huzhou, Zhejiang province, in May 2022. The Chinese automaker is actively deploying digital technologies to meet higher production targets. [TAN YUNFENG/FOR CHINA DAILY] The output and sales, as well as exports of China’s automobile market, registered year-on-year growth in May, industrial data showed. China… Continue reading Auto sector sees moderate recovery
China’s power battery output up in May
Visitors look at a power battery swap system for new energy vehicles on an exhibition of the 2023 World Power Battery Conference in Yibin, Southwest China’s Sichuan province, June 9, 2023. [Photo/Xinhua] BEIJING – China’s power battery output saw rapid expansion in May, industry data showed. The power battery output stood at 56.6 gigawatt-hours last… Continue reading China’s power battery output up in May