BYD’s electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING/FOR CHINA DAILY] BEIJING — China’s new-energy vehicle (NEV) sales maintained rapid growth momentum in May amid the country’s efforts to rev up the auto industry, according to industry data released Friday. Last month, the country sold a total… Continue reading China’s NEV sales double in May
Author: China Daily Online News
Sales of Chinese auto brands continue steady growth in May
BYD’s electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING / FOR CHINA DAILY] BEIJING – Chinese car brands maintained steady expansion in sales and gained a larger market share in May 2022, industry data showed. A total of 620,000 Chinese-brand passenger cars were sold last month, up… Continue reading Sales of Chinese auto brands continue steady growth in May
China’s largest SUV maker sees sales growth in May
Great Wall Motors showcases a smart vehicle cabin at its headquarters in Baoding, Hebei province, on July 28, 2021. [Photo provided to chinadaily.com.cn] SHIJIAZHUANG – Great Wall Motor (GWM), China’s largest sport utility vehicle (SUV) and pickup manufacturer, posted a month-on-month rise of 48.9 percent in vehicle sales in May due to the resumption of… Continue reading China’s largest SUV maker sees sales growth in May
Lotus opens pre-order bookings for Hyper SUV Eletre in mainland
Lotus Eletre is now available for pre-orders. [Photo provided to chinadaily.com.cn] Lotus unveiled the first all-electric intelligent Hyper SUV Eletre with 6 bespoke designers’ models and is now ready for pre-orders in the Chinese mainland region. Eletre features the brand’s unique aerodynamic design, track level hypercar leading performance and digitally-intelligent innovative technology, making it a… Continue reading Lotus opens pre-order bookings for Hyper SUV Eletre in mainland
Tesla’s Shanghai factory resumes full production
Employees work at the Tesla Gigafactory in Shanghai, East China, Nov 20, 2020. [Photo/Xinhua] SHANGHAI — US carmaker Tesla’s Shanghai Gigafactory has returned to full production capacity. Over 40,000 vehicles have rolled off the production line since it resumed production on April 19, according to the company. Affected by the latest COVID-19 resurgence in Shanghai,… Continue reading Tesla’s Shanghai factory resumes full production
World’s new No 3 BYD charged up over EV sales
Employees work on a production line of NEV maker BYD in Xi’an, Shaanxi province. [YUAN JINGZHI/FOR CHINA DAILY] Warren Buffett-backed Chinese new energy vehicle maker BYD has recently replaced German car giant Volkswagen as the world’s third most valuable vehicle maker, buoyed by prospects of the booming NEV sector in China. Shares of the Shenzhen,… Continue reading World’s new No 3 BYD charged up over EV sales
Jidu lifts curtain on concept robocar
Intelligent electric vehicle company Jidu unveiled its first concept robocar, Robo-01, on Wednesday night. [Photo provided to chinadaily.com.cn] Intelligent electric vehicle company Jidu, a joint venture established by tech giant Baidu Inc and carmaker Geely Holding Group, unveiled its first concept robocar, Robo-01, on Wednesday night. Integrating Baidu’s intelligent driving capability and world-class intelligent driving configurations… Continue reading Jidu lifts curtain on concept robocar
SAIC-GM-Wuling posts rising auto exports
Dozens of SAIC-GM-Wuling’s popular Hong Guang MINI EV are shown at an event in Shanghai. [Photo provided to chinadaily.com.cn] NANNING – SAIC-GM-Wuling (SGMW), a major automobile manufacturer in China, reported strong vehicle export growth in the first five months of the year, the company said. SGMW, based in Liuzhou of South China’s Guangxi Zhuang autonomous… Continue reading SAIC-GM-Wuling posts rising auto exports
China auto market gears up for faster recovery over stimulus package
Visitors look at new energy vehicle in a store in Hangzhou, East China’s Zhejiang province, on April 5, 2022. [Photo/IC] BEIJING — China’s auto market is gearing up for faster recovery as policymakers flesh out details for a stimulus package to help the hard-hit industry that plays a critical role in boosting demand, lifting consumption… Continue reading China auto market gears up for faster recovery over stimulus package
Shanghai’s auto sector kicks back into gear
Workers are busy at the production line at SAIC Motor’s Lingang plant in Shanghai, on April 23, 2022. [Photo/VCG] Several vehicle manufacturers in Shanghai are expected to restore normal production at the beginning of this month as the city has seen a significant drop in COVID-19 cases and gradually eases prevention measures, China Securities Journal… Continue reading Shanghai’s auto sector kicks back into gear