Chinese electric automaker BYD drives job growth in S California. [Photo/IC] LOS ANGELES – “I started out on the line just a year ago as an hourly worker, same as everybody else,” recalls Kris Esposito, the newly-minted Production Manager of the Bus Chassis Section of China’s new BYD electric bus factory in Lancaster. “But BYD rewards… Continue reading Chinese electric automaker BYD drives job growth in S California
Author: China Daily Online News
Cooperation with China’s Geely to revive national car brand: Malaysian PM
The Emgrand electric car, produced by Geely, featured at an auto show in Shanghai. The Emgrand has been widely praised by electric-car enthusiasts.[Photo provided to China Daily] PEKAN – Malaysian Prime Minister Najib Razak on Friday highlighted the capacity of China’s Zhejiang Geely Holding Group, saying Geely will help the Malaysian national car brand Proton… Continue reading Cooperation with China’s Geely to revive national car brand: Malaysian PM
Nissan to introduce 20 new electric models to China within five years
The Nissan Leaf full electric vehicle. [Photo provided to chinadaily.com.cn] TIANJIN – Japanese automaker Nissan will launch 20 new electric vehicles (EVs) in China in the next five years, the company announced on Wednesday at the on-going Beijing International Automotive Exhibition. Jose Munoz, chairman of Nissan’s China management committee,said that Nissan will open a new… Continue reading Nissan to introduce 20 new electric models to China within five years
Geely, Aisin sets up automatic transmission JV
A Geely Emgrand EV300 is on display at an auto exhibition in Fuzhou, East China’s Fujian province, June 19, 2017. [Photo/VCG] HANGZHOU – Chinese automaker Geely on Wednesday announced that it has signed a deal to set up an automatic transmission joint venture with Japan’s Aisin AW. The joint venture has a registered capital of… Continue reading Geely, Aisin sets up automatic transmission JV
China to phase out auto joint ventures equity cap
A new Ferrari 488 Pista on display during the 88th Geneva International Motor Show in Geneva, Switzerland. [Photo/IC] China will phase out the equity cap on automotive joint ventures by 2022, with the cap on manufacturers of new energy vehicles and special-use vehicles to be removed later this year, according to the National Development and… Continue reading China to phase out auto joint ventures equity cap
Chinese NEV start-up Singulato to invest big in Suzhou
Singulato’s CEO Shen Haiyin attends the launching ceremony of an electric SUV Singulato iS6 in Beijing, April 13, 2017.[Photo/VCG] NANJING – Chinese new energy vehicle (NEV) start-up Singulato Motors announced Saturday plans to invest 15 billion yuan ($2.39 billion) in the manufacturing hub of East China’s Suzhou over the next five years. A partnership between… Continue reading Chinese NEV start-up Singulato to invest big in Suzhou
SAIC may set up car factory in Egypt
A worker checks the quality of newly made cars at an assembly line of SAIC Motor in Qingdao, East China’s Shandong province. [Photo by Yu Fangping/For China Daily] CAIRO－China’s giant carmaker SAIC Motor is planning to set up a car manufacturing factory in Egypt, a top Egyptian official said on Sunday. Egypt’s Minister of Trade… Continue reading SAIC may set up car factory in Egypt
GAC Honda to recall imported vehicles over faulty airbag
BEIJING – GAC Honda, the joint venture between Honda and Guangzhou Automobile Group, will recall 50 imported vehicles due to defective airbags, according to China’s top quality watchdog. The recall is for imported Fit hybrids manufactured between July 5, 2012 and March 1, 2013, said the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ).… Continue reading GAC Honda to recall imported vehicles over faulty airbag
Battery giant buys stake in lithium firm
A technician checks equipment on an assembly line of Contemporary Amperex Technology in Ningde, Fujian province.[Photo/Xinhua] Move to help secure supplies of key raw material, increase production capacity Contemporary Amperex Technology Co Ltd, China’s leading automotive battery maker, has purchased a more than 90 percent stake in a lithium company based in Canada, in a… Continue reading Battery giant buys stake in lithium firm
Dongfeng Peugeot-Citroen sales stall on brand confusion
Following a series of management reshuffles and a slow start in the world’s largest market, Dongfeng Peugeot-Citroen Automobile’s sales in China barely made it past the half-way mark of their 2017 target, resulting in substantial losses for the joint venture carmaker. Dongfeng Peugeot-Citroen saw a loss of 30 billion euros ($36.94 billion) last year, despite… Continue reading Dongfeng Peugeot-Citroen sales stall on brand confusion