A driverless vehicle developed by Baidu Inc runs through Shougang Park in Shijingshan district, Beijing. [Photo provided to China Daily] WUHAN – Chinese tech giant Baidu has obtained permission to operate fully driverless taxis commercially on public roads in the cities of Wuhan and Chongqing. Baidu will offer the commercial robotaxi service — with no… Continue reading China’s Baidu to operate driverless taxis in two cities
Author: China Daily Online News
UBS: NEVs to hit 6 million units in China this year
A driver charges an EV at a station in Taizhou, Jiangsu province, in January. [Photo by TANG DEHONG/FOR CHINA DAILY] Sales of passenger new energy vehicles are expected to reach 6 million units this year, said Paul Gong, an auto analyst at UBS, on Wednesday. They would account for 26 percent to 27 percent of… Continue reading UBS: NEVs to hit 6 million units in China this year
Chinese car maker BYD set to drive into Thailand market
BYD’s news conference held in Thailand, on Aug 8, 2022. [Photo/BYD’s Weibo account] Chinese car maker BYD announced that it will enter the Thailand car market, planning to work with local new energy vehicle dealer RÊVER Automotive, the car maker said on its Weibo account on Tuesday. The company plans to participate in this year’s… Continue reading Chinese car maker BYD set to drive into Thailand market
China’s vehicle inventory alert index rises in July
A staff member cleans a Jeep Gladiator pickup truck displayed at the Fiat Chrysler Automobiles (FCA) booth during the second China International Import Expo (CIIE) in Shanghai, on Nov 6, 2019. [Photo/Agencies] BEIJING – China’s vehicle inventory alert index, which reflects the inventory pressure on automobile dealers, rose 4.9 percentage points month-on-month in July, industrial… Continue reading China’s vehicle inventory alert index rises in July
Nissan’s Chinese JV to explore market with new models
Nissan’s electric Ariya SUV is scheduled to be shown at the Chengdu auto show in August. [Photo provided to chinadaily.com.cn] Japanese carmaker Nissan is introducing new models into China via its joint venture to explore the potential of the Chinese market. Dongfeng Nissan’s three marques–Nissan, Venucia and Infiniti–all have new models in the second half,… Continue reading Nissan’s Chinese JV to explore market with new models
BAIC Bluepark sees operating revenue soar in first half
An Arcfox-branded electric model is shown at the 2021 Haikou International New Energy Vehicle & Connected Mobility Show. [Photo provided to chinadaily.com.cn] BAIC Bluepark, a Shanghai-listed subsidiary of State-owned carmaker BAIC Group, is showing signs of recovery, with its operating revenue in the first half growing 42.76 percent year-on-year. The company’s operating revenue rose to… Continue reading BAIC Bluepark sees operating revenue soar in first half
China’s passenger car sales maintain robust growth in July: report
Employees work on an assembly line of BAIC’s Zhuzhou factory in Hunan province, July 21. [Photo/Xinhua] BEIJING — China’s passenger car market continued to see robust sales growth in July thanks to a boost in consumer sentiment and restored production, according to a report released Wednesday. Some 1.77 million passenger cars were sold via retail… Continue reading China’s passenger car sales maintain robust growth in July: report
Top 10 Chinese auto companies from Jan to May
China’s top 10 automobile companies sold 8.19 million vehicles in the first five months of the year, accounting for 85.7 percent of total automobile sales. SAIC Motor sold the most automobiles during this period, followed by Dongfeng Motor Corporation and FAW Group. Compared with the same period last year, BYD witnessed the fastest growth and… Continue reading Top 10 Chinese auto companies from Jan to May
Nio to unveil first overseas plant in Hungary
Visitors gather at Nio’s booth during an auto expo in Shanghai. [Photo by Gao Yuwen/For China Daily] New York-listed Chinese EV startup Nio is building its first overseas plant in Hungary, which is expected to be operational in September. The plant, covering an area of about 10,000 square meters, will serve as a production, service… Continue reading Nio to unveil first overseas plant in Hungary
China’s car market sees V-shaped rebound on policy boost: Fitch
BYD’s electric models attract visitors at a new energy auto expo in Beijing. [PhotoA QING / FOR CHINA DAILY] BEIJING – China’s passenger vehicle market saw a sharp recovery in June, buoyed by the country’s robust consumer stimulus packages, according to a report from Fitch Ratings. “The strong recovery is likely to continue into the… Continue reading China’s car market sees V-shaped rebound on policy boost: Fitch