Great Wall Motors showcases its models at the Paris auto show in 2022. [Photo provided to chinadaily.com.cn] China’s largest SUV and pickup maker Great Wall Motors saw its operating revenue hit 137.3 billion yuan ($19.98 billion) in 2022, up 0.69 percent year-on-year, according to its financial results released on Thursday. Despite the meager growth in… Continue reading GWM sees net profit up 23 percent in 2022
Author: China Daily Online News
China’s NaaS launches automatic EV charging robot
The charging robot can locate vehicles, charge them and finish payment settlements automatically, says Nass. [Photo provided to chinadaily.com.cn] NaaS Technology, one of China’s largest and fastest growing EV charging service providers, has launched its first charging robot as part of its efforts to further explore the potential of the country’s NEV market. The robot… Continue reading China’s NaaS launches automatic EV charging robot
Electric startup FF starts manufacturing of first production model
FF founder Jia Yueting (right) and FF Global CEO Chen Xuefeng pose with a car frame of the FF 91 model to mark its start of production on March 29 in California, the United States. [Photo provided to chinadaily.com.cn] Faraday Future, a California-based electric car company, announced the start of production of its FF 91… Continue reading Electric startup FF starts manufacturing of first production model
GAC plans export push after annual sales boom
Employees work at the assembly lines of GAC Motor, in Guangzhou of Guangdong province, March 20, 2023. [photo/Xinhua] Chinese automobile manufacturer GAC Group, headquartered in Guangzhou, Guangdong province, will facilitate exports of its vehicles to the overseas market following significant increases in sales in the domestic market, according to a senior manager of the company.… Continue reading GAC plans export push after annual sales boom
China sees thriving fuel cell vehicle market
Visitors check out a hydrogen fuel cell bus at the 2021 Shanghai auto show, held from April 19-28. [Photo by Long Wei/For China Daily] BEIJING — China has seen rapid development in the fuel cell vehicle market in recent years, with the compound annual growth rate of FCV sales reaching 32.3 percent during the 2016-2022… Continue reading China sees thriving fuel cell vehicle market
BYD reports surging net profits in 2022
Customers inspect a BYD Seal sedan in a salesroom in Shanghai in December. [Photo/China Daily] SHENZHEN — China’s leading new energy vehicle manufacturer BYD Company Limited on Tuesday reported surges in both revenue and net profits in 2022. Its net profits stood at 16.62 billion yuan ($2.4 billion), up 445.86 percent year-on-year, according to the… Continue reading BYD reports surging net profits in 2022
Didi launches autonomous driving service in Guangzhou
Chinese ride-hailing company Didi Chuxing launches autonomous driving services in the Huadu district of Guangzhou, Guangdong province, on Monday. [Photos provided to chinadaily.com.cn] Chinese ride-hailing company Didi Chuxing launched autonomous driving services in the Huadu district of Guangzhou, Guangdong province, on Monday, aiming to tap the growing market. Using WeChat mini programs to ride autonomous… Continue reading Didi launches autonomous driving service in Guangzhou
China’s used car sales report strong expansion in February
Customers inspect a secondhand Mercedes-Benz sedan in Huizhou, Guangdong province. ZHOU NAN/FOR CHINA DAILY BEIJING — China’s used automobile sales logged a robust rebound in February, driven by mounting demand and a strong market recovery after the Spring Festival, industry data showed. Last month, about 1.46 million used vehicles changed hands in the country, up… Continue reading China’s used car sales report strong expansion in February
Chinese-branded passenger car sales surge 37.3% in February
Customers inspect a BYD Seal sedan in a salesroom in Shanghai in December. [Photo/China Daily] BEIJING — Chinese-branded passenger car manufacturers got off to a good start this year, occupying a higher market share, the latest industry data showed. In February, 873,000 Chinese-branded passenger cars were sold, up 15.2 percent month-on-month and 37.3 percent year-on-year,… Continue reading Chinese-branded passenger car sales surge 37.3% in February
Bosch to strengthen new energy vehicle products in China
The Robert Bosch logo at the company’s research and development centre Campus Renningen during a guided media tour in Renningen, Germany, on Sept 30, 2015. [Photo/Agencies] Robert Bosch GmbH, the German industrial and technology group, will further strengthen its layout and development of new energy vehicle-related products in China, said its top executive on Saturday.… Continue reading Bosch to strengthen new energy vehicle products in China