Toyota displays its hydrogen fuel cell vehicle at the fourth China International Import Expo, held in Shanghai in November 2021. [PHOTO BY ZHU XINGXIN/CHINA DAILY] BEIJING — Sales of passenger cars in China last month declined from a year ago, an industry association said. Retail sales of passenger vehicles dropped 4.4 percent year-on-year to 2.09… Continue reading China’s passenger car sales drop in January
Author: China Daily Online News
GWM to produce vehicles in Brazil from 2023
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] Chinese carmaker Great Wall Motors is expected to start production of vehicles in Brazil in the second half of 2023. The company made the announcement when it took over a Daimler plant… Continue reading GWM to produce vehicles in Brazil from 2023
Shortages of lithium plaguing electric cars, batteries seen easing
The booth of Eve Energy Co Ltd is seen at the China International Hardware Show in Shanghai in June. [Photo provided to China Daily] As demand for lithium has risen sharply, Chinese battery makers have accelerated steps to acquire lithium mining operations at home and abroad. All this is a result of the explosive development… Continue reading Shortages of lithium plaguing electric cars, batteries seen easing
China’s used car sales soar in 2021
BEIJING – Used car sales fostered new highlights in China’s automobile market in 2021, with the growth of trade volume and value both over 20 percent year on year, data from the China Passenger Car Association shows. More than 17.58 million used cars changed hands last year, up 22.62 percent year on year, despite the… Continue reading China’s used car sales soar in 2021
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