Sales of Chinese-brand passenger vehicles surge in September

BYD’s electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING/FOR CHINA DAILY] BEIJING – Sales of Chinese-brand passenger vehicles in September jumped 40.8 percent year-on-year, with the market share continuing to increase, industry data shows. Last month, over 1.16 million Chinese-brand passenger vehicles were sold in the Chinese… Continue reading Sales of Chinese-brand passenger vehicles surge in September

FAW-Volkswagen rolls out 25 millionth vehicle

An offline ceremony for the 25 millionth car of FAW-Volkswagen was held in Changchun, Jilin province, on Monday. [Photo provided to chinadaily.com.cn] As a white sport utility vehicle slowly rolled off the production line at a general assembly workshop at the Changchun base of Sino-German joint venture FAW-Volkswagen Automobile Co on Monday, the company announced… Continue reading FAW-Volkswagen rolls out 25 millionth vehicle

Electric flying cars eye on future 3D transportation

XPENG X2, the latest version in the XPENG Flying Car family. [Photo/VCG] The largest flying car company in Asia – XPENG AEROHT, an affiliate of XPeng Inc, is dedicated to developing intelligent electric flying cars for future 3D transportation in modern cities. XPENG X2, the latest supernova in the XPENG Flying Car family, can carry… Continue reading Electric flying cars eye on future 3D transportation

British marque Lotus launches electric SUV in China

The Lotus Eletre hits the market on Tuesday. [Photo provided chinadaily.com.cn] British legendary sports car marque Lotus launched its first electric SUV on Tuesday, and its deliveries are expected to start in the first half of 2023. The model, called Eletre, measures 5,103 mm in length, with its wheelbase reaching 3,019 mm. It has a… Continue reading British marque Lotus launches electric SUV in China

Geely’s Farizon raises $300 million in pre-A round

Farizon specializes in new energy commercial vehicles. [Photo provided to chinadaily.com.cn] Farizon Auto, Geely’s new energy commercial vehicle brand, said on Wednesday it has raised over $300 million in its pre-A round of fund raising. This round of investment was led by Hidden Hill Capital, which is backed by Singapore’s Global Logistics Properties Ltd. Other… Continue reading Geely’s Farizon raises $300 million in pre-A round

China’s top 10 new energy SUVs in sales from Jan to Sept

BYD Song took the leading role on a list of China’s new energy SUVs in sales from January to September this year, according to market research company AskCI Consulting. In the Jan-Sept period, the sales of BYD Song reached 285,263 units, up 476.2 percent year-on-year, followed by Tesla Model Y, which grabbed the second spot… Continue reading China’s top 10 new energy SUVs in sales from Jan to Sept

Country’s EV companies making inroads in Europe

An electric vehicle made by Chinese carmaker XPENG is displayed at an exhibition in Stockholm, Sweden, in April. [Photo/Xinhua] Chinese carmakers are trying to make an impact in Europe, the birthplace of modern vehicles, as the global auto industry is shifting toward electricity. Great Wall Motors, China’s largest maker of pickups and sport utility vehicles,… Continue reading Country’s EV companies making inroads in Europe

GWM showcases NEV models at Paris auto show

A Great Wall Motors representative presents its models in Paris, France, on Oct 17, 2022.[Photo provided to chinadaily.com.cn] China’s largest SUV maker Great Wall Motors unveiled on Monday five NEV models under its two marques at the ongoing Paris auto show. Two of the five models, the Wey Coffee 01, a plug-in hybrid, and the… Continue reading GWM showcases NEV models at Paris auto show

Chinese EV makers power strongly ahead

Visitors walk by a FAW-Volkswagen new energy vehicle during the 19th China (Changchun) International Automobile Expo in Changchun, capital of Northeast China’s Jilin province, July 18, 2022. [Photo/Xinhua] Herbert Diess, former chairman of Volkswagen, is fully aware that electric vehicles, or EVs, from local marques are more popular than those from foreign manufacturers in China,… Continue reading Chinese EV makers power strongly ahead

VW readies $2b to stay strong, smart in China

Visitors walk by a FAW-Volkswagen new energy vehicle during the 19th China (Changchun) International Automobile Expo in Changchun, capital of Northeast China’s Jilin province, July 18, 2022. [Photo/Xinhua] Carmaker’s arm, startup to develop software for autonomous vehicles Volkswagen said it will spend 2.4 billion euros ($2.35 billion) in China, its largest single investment in the… Continue reading VW readies $2b to stay strong, smart in China