Xiaomi CEO Lei Jun speaks during a news conference at the 2024 Beijing International Automotive Exhibition in Beijing, on April 25. [Photo/VCG] BEIJING – At the end of March, Chinese smartphone maker Xiaomi unveiled its first electric vehicle (EV), the SU7, igniting a spark of excitement. At the launch event, Xiaomi’s founder and CEO Lei… Continue reading Competition-fueled Chinese EV boom to benefit world market, speed up decarbonization
Author: China Daily Online News
Toyota partners with Tencent to sharpen EVs’ competitive edge
Toyota announces its strategic alliance with Tencent at the Beijing auto show on April 25, 2024. [Photo provided to chinadaily.com.cn] Japan’s No 1 carmaker Toyota has partnered with Chinese technology company Tencent to improve the appeal of its models in the Chinese vehicle market. The two companies are cooperating in artificial intelligence, cloud computing and… Continue reading Toyota partners with Tencent to sharpen EVs’ competitive edge
Nissan teams up with Baidu on generative AI
Nissan President and CEO Makoto Uchida explains the carmaker’s strategy in China at the Beijing auto show on April 25, 2024. [Photo provided to chinadaily.com.cn] Japanese carmaker Nissan is to empower its vehicles with Chinese technology company Baidu’s expertise in generative artificial intelligence, according to a memorandum they two signed on Thursday. Nissan and Baidu… Continue reading Nissan teams up with Baidu on generative AI
Geely showcases AI at Beijing auto show
Geely unveils its Galaxy technology flagship SUV at the Beijing auto show on Thursday. [Photo provided to chinadaily.com.cn] Cutting-edge technology, such as artificial intelligence, or AI, has become one of the competitive focuses of China’s new energy vehicle industry. At the Beijing auto show, which began on Thursday, the Chinese auto company Geely unveiled its… Continue reading Geely showcases AI at Beijing auto show
Chinese electric vehicles see more sales in developing countries
Marelli’s booth at the 2024 Beijing International Automotive Exhibition. [Photo/Marelli website] Developing countries have more potential to increase their adoption of Chinese-made electric vehicles once they expand their associated infrastructure in the years ahead, said a senior foreign business leader. Speaking at its booth during the ongoing 2024 Beijing International Automotive Exhibition, David Slump, president… Continue reading Chinese electric vehicles see more sales in developing countries
Tencent unveils smart mobility system for automakers
Dowson Tong, Tencent’s senior executive vice-president and CEO of Tencent’s cloud and smart industries group. [Photo provided to chinadaily.com.cn] Chinese internet company Tencent Holdings launched its large model for vehicles on Wednesday. The company said it has offered its autonomous driving cloud solutions to companies such as Mercedes-Benz, Bosch, Nvidia and Nio. Tencent, which reiterated… Continue reading Tencent unveils smart mobility system for automakers
European truck giant eyes opportunities in China’s high-quality development
A truck by Swedish company Scania pictured at the IAA Commercial Vehicles Fair in Hanover, Germany on Sept 19, 2018. [Photo/VCG] BEIJING — Leading European truck manufacturer Scania is actively targeting the Chinese market to leverage significant opportunities amid China’s broader push for high-quality development, according to the president of the company’s China unit. Speaking… Continue reading European truck giant eyes opportunities in China’s high-quality development
VW to grow China sales to 4 million units in 2030
A Volkswagen charging station is displayed at the Shanghai auto show on April 18, 2023. [Photo provided to chinadaily.com.cn] Volkswagen AG expects to scale up its sales to 4 million units in 2030 in China, which CEO Oliver Blume said is the German carmaker’s “second home market”. The 2030 sales goal, which was announced on… Continue reading VW to grow China sales to 4 million units in 2030
Volkswagen speeds up investment in electric vehicles in China
An aerial photo taken on Aug 20, 2023 shows a view of Volkswagen (Anhui) Automotive Company Limited in Hefei, East China’s Anhui province. [Xinhua/Guo Chen] TIANJIN — In the face of China’s rapid growth of electric mobility, Volkswagen Group is revving up its investment in the electrification shift in a bid to expand its presence… Continue reading Volkswagen speeds up investment in electric vehicles in China
Brose seeks long-term development in China
German auto supplier Brose showcases its products at the Shanghai auto show in April 2023. [Photo provided to chinadaily.com.cn] Brose is committed to pursuing long-term development in China, said an executive in charge of the German auto supplier’s operations in the country on Monday. “China is the world’s largest vehicle market and one of the… Continue reading Brose seeks long-term development in China