China will align with high-level international economic and trade rules as it pushes to establish a new system for a higher-level open economy, a top commerce official said on Monday. As the world’s second-largest economy, second-largest consumer market and largest exporter, China has shortened its national negative list to 33 items, while the figure for… Continue reading World NM: Beijing sets sights on higher-level open economy001497
Author: World_Newz Mon
World NM: Passenger vehicle segment to lead sales recovery to pre-pandemic levels: Crisil001496
Passenger vehicles (PV) dealers are expected to lead a recovery among all automobile dealers sub-segments with 20 to 22 per cent revenue growth this fiscal to almost reach pre-pandemic revenue levels of fiscal 2020, rating agency Crisil said on Monday. Even so, automobile dealers’ overall revenues will still likely grow at 20 per cent on… Continue reading World NM: Passenger vehicle segment to lead sales recovery to pre-pandemic levels: Crisil001496
World NM: Fairfirst Insurance announces partnership with CamCom to harness AI powered automobile inspection solutions001495
CamCom, a global leader in AI powered visual inspection solutions has inked a partnership with Fairfirst Insurance, the most innovative general insurance company of Sri Lanka. CamCom solutions deployed on mobile devices will power damage analysis for 4, 3 and 2-wheeler for Fairfirst customers across Sri Lanka. This will be the first-of-its-kind in Sri Lanka… Continue reading World NM: Fairfirst Insurance announces partnership with CamCom to harness AI powered automobile inspection solutions001495
World NM: Exports soar 41 pct in first 20 days of August001494
The country’s outbound shipments stood at US$32.2 billion in the Aug. 1-20 period, compared with $22.9 billion a year earlier. By sector, outbound shipments of memory chips, a key export item, rose 39.8 percent on-year, and those of autos increased 37 percent despite global supply shortages of automotive chips. Exports, which account for half of… Continue reading World NM: Exports soar 41 pct in first 20 days of August001494
World NM: Warning issued over drive-assist functions001493
Experts are urging car owners to cut their overreliance on smart vehicles’ driving-assist functions after a 31-year-old driver died in a crash in Southeast China’s Fujian province when his Nio car failed to detect another vehicle ahead. Some carmakers are overstating their achievements in driving-assist functions by using words such as “auto” in their driving-assist… Continue reading World NM: Warning issued over drive-assist functions001493
World NM: Taking center stage with smart vehicles001492
Guangzhou-based audio entertainment company is revolutionizing the auto industry with a range of vehicle-customized apps Seen as an operating platform like the iOS (the iPhone operating system) or Android in mobile phones, the emerging in-car system is expected to give rise to a range of new vehicle-customized apps. Lizhi launched its Lizhi podcast this year… Continue reading World NM: Taking center stage with smart vehicles001492
World NM: Nation’s low-carbon pursuit charges NEV sector001491
BEIJING－China, the world’s largest car market, has seen its new energy vehicle (NEV) industry enter the fast lane, powered by the country’s low-carbon strategy and surging demand. China’s NEV industry has entered a new phase of development thanks to the country’s clear policy signals on low-carbon growth and many years of efforts in the sector.… Continue reading World NM: Nation’s low-carbon pursuit charges NEV sector001491
World NM: 2022 Chevrolet Corvette Regular Production Start Allegedly Scheduled for September 6th001490
In the first instance, sources close to General Motors and the Bowling Green facility in Kentucky reported that 2022 Corvette production will begin in early September. Subsequently moved to late September, production is currently believed to commence on September 6th. <… (continue reading…) Go to Source
World NM: World Car Awards’ add new electric vehicle category for 2022001489
The prestigious World Car Awards is back for its 2022 edition, after a difficult time last year following the pandemic scare across the globe. For 2022, the World Car Awards is all about embracing the best the future has to offer, and as promised, the Awards will see a new category added to the fore.… Continue reading World NM: World Car Awards’ add new electric vehicle category for 2022001489
World NM: China steps up automobile data protection001488
China issued trial guidelines on automobile data protection on Friday in a move to protect drivers’ privacy and safeguard national security as vehicles are becoming increasingly digitalized in the world’s largest auto market. One highlight of the guidelines that will go into effect from Oct 1 is that carmakers and other data processors shall not… Continue reading World NM: China steps up automobile data protection001488