SAIC Maxus shows its models at the 2022 Chengdu auto show. [Photo by LI QIANG/FOR CHINA DAILY] Car owners in China have more complaints about their newly bought vehicles this year than in 2021, and most of the complaints are about poor designs, according to a J.D. Power study. The study, whose results were released… Continue reading Survey shows poor car design is major source of complaints
Author: China Daily Online News
GWM’s net profit up 58.47% in H1
Great Wall Motors’ Haval brand attracts visitors at the 2022 Chengdu auto show. [Photo provided to chinadaily.com.cn] China’s largest SUV and pickup maker Great Wall Motors generated a net profit of 5.59 billion yuan ($810.9 million) from January to June, up 58.47 percent from the same period in 2021. The Baoding, Hebei province-based carmaker’s operating… Continue reading GWM’s net profit up 58.47% in H1
BYD’s net profit triples in first half
People visit the exhibition area of BYD, China’s new energy vehicle manufacturer, during the 19th China (Changchun) International Automobile Expo in Changchun, capital of Northeast China’s Jilin province, July 15, 2022. [Photo/Xinhua] China’s leading new energy vehicle manufacturer BYD posted a 3.6 billion yuan ($520.56 million) net profit between January and June, up 206.35 percent… Continue reading BYD’s net profit triples in first half
Qualcomm revved on self-driving tech
Visitors gather at Qualcomm’s booth during a high-tech expo in Shanghai. [Photo provided to China Daily] The Chinese market will be a major revenue source for US semiconductor company Qualcomm’s automotive business, as China’s massive vehicle sector has a faster adoption of autonomous driving technologies than many others, a senior company executive said. The comment… Continue reading Qualcomm revved on self-driving tech
BMW to expand investment in China
The booth of BMW at the Chengdu auto show on Aug 29, 2021. [Photo/IC] Olive Zipse, chairman of the board of management of BMW Group, said the German premium carmaker is convinced in the long-term potential of the Chinese market and will continue its investment in the country. Zipse made the remarks in a speech… Continue reading BMW to expand investment in China
China to provide basic charging services on highways
A technician instructs a driver how to operate super-charging equipment in Jinhua, Zhejiang province, in July. [Photo by HU XIAOFEI/FOR CHINA DAILY] China vowed to provide basic charging services on highways other than in ultra-cold and high-altitude regions, according to an action plan released on Thursday. The plan, unveiled by the Ministry of Transport, the… Continue reading China to provide basic charging services on highways
CATL sees big surge in H1 performance
Visitors check out CATL products during a high-tech expo in Yibin, Sichuan province, in July. ZENG LANG/FOR CHINA DAILY Battery maker posts $1.2b in net profit despite rising costs, supply chain woes Contemporary Amperex Technology Co Ltd, the world’s largest battery maker for electric vehicles, more than doubled its profit in the second quarter, despite rising… Continue reading CATL sees big surge in H1 performance
Hainan to ban sales of fuel cars by 2030
Visitors inspect new energy vehicle models displayed at an auto show held in Haikou, Hainan province. [Photo/China News Service] HAIKOU – South China’s island province of Hainan plans to ban the sales of all fuel vehicles by 2030, a government document said. According to the implementation plan of carbon peaking issued by the provincial government… Continue reading Hainan to ban sales of fuel cars by 2030
FAW Hongqi reveals E-QM5 Plus sedan
FAW Hongqi launched the E-QM5 Plus pure electric sedan in Changchun, capital of Northeast China’s Jilin province, on Wednesday. The carmaker provides three variants of the sedan at prices starting from 122,800 yuan ($18,080). The E-QM5 Plus has maximum range of 605 kilometers while the E-QM5’s battery-charging and battery-swapping variants both have ranges of 431… Continue reading FAW Hongqi reveals E-QM5 Plus sedan
China’s NEV market to see rapid expansion in 2022-2026: report
A technician instructs a driver how to operate super-charging equipment in Jinhua, Zhejiang province, in July. [Photo by HU XIAOFEI/FOR CHINA DAILY] BEIJING — China’s new-energy vehicle (NEV) market is expected to expand rapidly during the 2022-2026 period, a report from the global market research firm International Data Corporation (IDC) showed. The country’s NEV market… Continue reading China’s NEV market to see rapid expansion in 2022-2026: report