Chinese electric cars, scooters gain ground on the Cuban roads

People gather on their electric scooters to show off stunts and racing skills in Havana, Cuba, in July. [Photo/Agencies] HAVANA — For Cuban Yosvany Abreu, life has changed after he purchased a Chinese electric three-wheeled bike last year. The 35-year-old man living in Marianao, a district in Havana, told Xinhua News Agency his new vehicle… Continue reading Chinese electric cars, scooters gain ground on the Cuban roads

Carmakers confident despite market’s slow start

GAC’s electric vehicle arm, Aion, showcases its models at the Shanghai auto show in 2021. [PHOTO by LI FUSHENG/CHINA DAILY] Sales in January hit by end of subsidies and Spring Festival holiday closures Carmakers saw sales of new energy vehicles slow down in January, primarily because of the earlier-than-usual weeklong Spring Festival holiday, but executives… Continue reading Carmakers confident despite market’s slow start

Tesla China posts robust sales growth

Workers assemble a vehicle at Tesla’s Shanghai factory. [Photo/China Daily] SHANGHAI – The US electric automaking giant Tesla sold some 66,000 vehicles in China in January, up 10.3 percent year-on-year, the company said on Friday. In early January, the electric automaker slashed the prices of its popular China-made models, including Model 3 and Model Y,… Continue reading Tesla China posts robust sales growth

GWM expects 2023 sales to soar over 50%

An employee oversees the production line of the Great Wall Motors in Chongqing. [Photo by Chen Shichuan/For China Daily] Great Wall Motors, China’s largest SUV and pickup maker, released on Thursday its 2023 sales goal of 1.6 million units, which would mark a 50.9 percent rise year-on-year. The vehicle maker, headquartered in Baoding, Hebei province, said… Continue reading GWM expects 2023 sales to soar over 50%

China’s Zhejiang looks to produce over 1.2m new energy vehicles in 2025

Employees work on the production line of Geely Auto’s engine manufacturing unit in Yiwu, Zhejiang province. [Photo by Lyu Bin/For China Daily] HANGZHOU – China’s major economic powerhouse Zhejiang province recently released an action plan aimed at accelerating the development of its new-energy automobile industry. According to the plan, Zhejiang’s annual output of new energy… Continue reading China’s Zhejiang looks to produce over 1.2m new energy vehicles in 2025

BYD expects quadrupled 2022 net profit

People experience a BYD Han electric car during a media preview of the 100th Brussels Motor Show in Brussels, Belgium, Jan 13, 2023. [Photo/Xinhua] SHENZHEN — China’s leading new energy vehicle manufacturer BYD Company Limited expects to see drastic rises in both revenue growth and net profit in 2022. The company’s 2022 net profit is… Continue reading BYD expects quadrupled 2022 net profit

Toyota sees new era of leadership under Lexus chief

A Toyota staffer polishes a vehicle at the Shanghai auto show in 2021. [Photo by Li Fusheng/China Daily] Toyota’s chief executive will step down as head of the company that his grandfather founded, the automaker said on Thursday. The Japanese auto giant has struggled to adapt to electric vehicles and so will be headed by… Continue reading Toyota sees new era of leadership under Lexus chief

Carmakers aiming to leap forward

Customers examine a Hongqi SUV at a shopping mall in Tianjin on Jan 26. [Photo by Li Fusheng/China Daily] Editor’s Note: China is the world’s largest and most dynamic vehicle market, where established marques and startups vie to roll out new models. Chinese car consumers probably have the greatest know-how of cutting-edge vehicle-related smart technology,… Continue reading Carmakers aiming to leap forward

UK annual car output lowest since 1956: industry body

Workers are seen on the production line at Nissan’s car plant in Sunderland, Britain. [Photo/Agencies] LONDON – British annual car production has dropped to the lowest level since 1956, largely owing to global shortages of semiconductor chips, industry data showed Thursday. Around 775,000 cars were built last year by the country’s mainly foreign-owned vehicle manufacturers,… Continue reading UK annual car output lowest since 1956: industry body

Chinese luxury electric car brand Voyah makes debut in Israel

The Voyah booth at an expo in Guangzhou, Guangdong province, on Nov 19, 2021. [Photo/IC] JERUSALEM – Voyah, a Chinese luxury electric auto brand, made on Monday its debut in the Israeli market, introducing a large sport utility vehicle (SUV). At a press conference held in Tel Aviv, the Chinese car manufacturer introduced the Voyah… Continue reading Chinese luxury electric car brand Voyah makes debut in Israel