Premier, Musk call for deepening cooperation

Premier Li Qiang meets on Sunday with Elon Musk, founder and CEO of US electric car manufacturer Tesla, at Diaoyutai Guest House in Beijing. [FENG YONGBIN / CHINA DAILY] Tesla’s success in China has demonstrated that equal cooperation and mutual benefits conform to the fundamental interests of China and the United States, Premier Li Qiang… Continue reading Premier, Musk call for deepening cooperation

Feeling pulse of China’s tight NEV market from success of newcomer

Xiaomi CEO Lei Jun speaks during a news conference at the 2024 Beijing International Automotive Exhibition in Beijing, on April 25. [Photo/VCG] BEIJING – More and more Chinese car buyers, especially young people, are turning their attention and giving more budget to new energy vehicles (NEVs), which, from my observation, have fancy looks, smart functions,… Continue reading Feeling pulse of China’s tight NEV market from success of newcomer

Mercedes chief advocates free trade, competition

Mercedes-Benz’s new models attract visitors to its booth at the Beijing auto show that runs from April 25 to May 4, 2024. [Photo provided to chinadaily.com.cn] Mercedes-Benz is “pro-free trade and a level playing field”, said Ola Kaellenius, the German car group’s chairman of the board of management. Kaellenius made the remarks in an interview… Continue reading Mercedes chief advocates free trade, competition

EU’s probe into Chinese EVs ‘not necessary’, says BMW chairman

Oliver Zipse, BMW’s chairman of the board of management, unveils a Neue Klasse model at the Beijing auto show on April 25, 2024. [Photo provided to chinadaily.com.cn] The EU’s investigation into the Chinese EV sector “is not necessary”, said Oliver Zipse, BMW’s chairman of the board of management. The ongoing investigation started in October 2023.… Continue reading EU’s probe into Chinese EVs ‘not necessary’, says BMW chairman

Pony.ai’s JV with Toyota to spur robotaxi development

A Level-4 concept vehicle codeveloped by Pony.ai and Toyota is shown at the Beijing auto show that runs from April 25 to May 4, 2024. [Photo by Li Fusheng/chinadaily.com.cn] Autonomous driving firm Pony.ai has set up a partnership with Japanese carmaker Toyota and its Chinese joint venture GAC Toyota, which is expected to speed up… Continue reading Pony.ai’s JV with Toyota to spur robotaxi development

Competition-fueled Chinese EV boom to benefit world market, speed up decarbonization

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

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