Green consumption to benefit NEVs

A resident in Baofeng county, Henan province, charges his new energy vehicle, on Nov 26, 2021. [Photo/Xinhua] China will vigorously support green transportation and gradually lift restrictions on the purchase of new energy vehicles, according to an implementation plan for promoting green consumption released by the National Development and Reform Commission, the country’s top economic… Continue reading Green consumption to benefit NEVs

FAW sets sales target of over 4m cars in 2022

FAW-Mazda displays its Mazda 6 Atenza sedan at an automobile exhibition held in Guangzhou, Guangdong province. LI ZHIHAO/FOR CHINA DAILY CHANGCHUN – China FAW Group Co Ltd, a leading automobile maker in the country, plans to sell around 4.1 million vehicles in 2022, growing at an annual rate of 17.1 percent, the company said Friday.… Continue reading FAW sets sales target of over 4m cars in 2022

Guangxi automaker inks deal with Japanese startup

Guangxi Auto and Japanese electric car startup ASF Co signed an agreement to jointly develop pure electric logistics vehicles. The deal was made at the RCEP Business Leaders Forum in Nanning, Guangxi Zhuang autonomous region, on Thursday. [Photo provided to chinadaily.com.cn] Guangxi Auto signed an agreement with Japanese electric car startup ASF Co on Thursday… Continue reading Guangxi automaker inks deal with Japanese startup

NEVs to take over 30% share of China auto market in 2025

Employees work on an electric vehicle assembly line in Liuzhou, Guangxi Zhuang autonomous region, in August. [Photo/Xinhua] SHANGHAI — New energy vehicles (NEVs) are expected to grab over 30 percent share of China’s auto market in 2025, according to the electric vehicle industry think tank China EV100. NEV sales in the world’s largest auto market… Continue reading NEVs to take over 30% share of China auto market in 2025

Haomo’s system to power 1 million vehicles in three years

Haomo CEO Gu Weihao explains the startup’s strategy on Dec 23, 2021. [Photo provided to chinadaily.com.cn] Chinese autonomous driving startup Haomo.AI said on Thursday its driving-assist system will be installed in over 1 million passenger vehicles in three years. Now five passenger models feature Haomo’s Level 2 autonomous driving system, with their combined sales reaching… Continue reading Haomo’s system to power 1 million vehicles in three years

Chinese auto brands see larger market share in Nov

A Nio ET7 electric vehicle is seen during a media day for the Auto Shanghai show in Shanghai on April 19, 2021. [Photo/Agencies] BEIJING — The share of Chinese passenger car brands in the domestic market continued a streak of expansion in November, data from an industry association showed. Over 1.02 million Chinese brand passenger… Continue reading Chinese auto brands see larger market share in Nov

GWM sales from Jan to Nov up 16.3% year-on-year

Great Wall Motors present its models at an auto show in Thailand this year. [Photo provided to chinadaily.com.cn] Great Wall Motors sold 1.12 million vehicles in the first 11 months this year, up 16.3 percent from the same period last year, said the largest SUV and pickup maker on Tuesday. Its deliveries last month stood… Continue reading GWM sales from Jan to Nov up 16.3% year-on-year

Xiaomi to set up automobile plant in Beijing

The Xiaomi logo is seen at a Xiaomi shop, in Shanghai, May 12, 2021. [Photo/Agencies] BEIJING — Chinese electronics manufacturer Xiaomi Corp plans to build an automobile manufacturing plant in Beijing with an annual capacity of 300,000 vehicles. The announcement was made at a contract signing ceremony on Saturday between the company and the management… Continue reading Xiaomi to set up automobile plant in Beijing

Commercial robotaxi pilot services launched in capital, Baidu among players seen capitalizing

A passenger approaches a Baidu Apollo Go commercialized robotaxi in Beijing. [Photo provided to China Daily] Beijing launched China’s first pilot area for commercial autonomous driving vehicle services on Thursday, marking a shift from the testing phase for autonomous driving to wider commercial exploration, industry experts said. Tech giant Baidu Inc and self-driving startup Pony.ai… Continue reading Commercial robotaxi pilot services launched in capital, Baidu among players seen capitalizing

China’s Lynk & Co makes inroads into Kuwait

The booth of Lynk & Co is seen at an expo in Shenyang, Liaoning province, on Oct 4, 2021. [Photo/IC] Lynk & Co, a joint venture between China’s Geely and Swedish carmaker Volvo, said Thursday it has started its Asia-Pacific campaign, with Kuwait as the first stop. It has partnered with local Kuwaiti company Al Zayani,… Continue reading China’s Lynk & Co makes inroads into Kuwait