Toyota drops bZ4X prices in competitive China market, now starts at under $25K

Toyota China is slashing prices on its first electric SUV, the bZ4X, in an effort to boost sales in an increasingly competitive market. In China, prices for the bZ4X now start at less than $25,000 (169,800 RMB). Toyota cuts bZ4X prices in China Toyota first launched the bZ4X in China in October 2022, with a… Continue reading Toyota drops bZ4X prices in competitive China market, now starts at under $25K

Auto emphasis: Car enterprises work in Changchun

Employees work at an assembly line of FAW Jiefang truck factory in Changchun, Jilin province. [Photo/Xinhua] After the the Chinese Lunar New Year holiday, automobile enterprises in Changchun, Jilin province, bustled to work for orders from overseas, Xinhua News Agency reported on Sunday. Changchun is known as the cradle of China’s automobile industry and titled… Continue reading Auto emphasis: Car enterprises work in Changchun

Jidu partners with Baidu to offer ChatGPT-like services in cars

Xia Yiping, CEO of Jidu. [Photo provided to chinadaily.com.cn] Smart electric vehicle company Jidu Auto will integrate Baidu Inc’s ChatGPT-like artificial intelligence services in its cars to provide better human-machine interaction. Xia Yiping, CEO of Jidu, said the company will integrate Ernie Bot, an AI chatbot project developed by Baidu, into its cars to develop… Continue reading Jidu partners with Baidu to offer ChatGPT-like services in cars

German Handelsblatt: Car manufacturer: Mercedes decides to buy back shares worth billions006249

Mercedes logo The automotive group around the star brand announces a share buyback. (Photo: Reuters) The Mercedes-Benz Group AG wants to buy back its own shares for up to four billion euros on the market. The executive board and supervisory board decided on Thursday, said the Stuttgart car company. From March, the shares should be… Continue reading German Handelsblatt: Car manufacturer: Mercedes decides to buy back shares worth billions006249

German Handelsblatt: Car manufacturer: Mercedes decides to buy back shares worth billions006249

Mercedes logo The automotive group around the star brand announces a share buyback. (Photo: Reuters) The Mercedes-Benz Group AG wants to buy back its own shares for up to four billion euros on the market. The executive board and supervisory board decided on Thursday, said the Stuttgart car company. From March, the shares should be… Continue reading German Handelsblatt: Car manufacturer: Mercedes decides to buy back shares worth billions006249

German Handelsblatt: Car manufacturer: Mercedes decides to buy back shares worth billions006249

Mercedes logo The automotive group around the star brand announces a share buyback. (Photo: Reuters) The Mercedes-Benz Group AG wants to buy back its own shares for up to four billion euros on the market. The executive board and supervisory board decided on Thursday, said the Stuttgart car company. From March, the shares should be… Continue reading German Handelsblatt: Car manufacturer: Mercedes decides to buy back shares worth billions006249

Chinese EV startup Jidu plans to use ChatGPT-like tech

Visitors look at a Jidu Robo-01 electric SUV during the 20th Guangzhou International Automobile Exhibition at Canton Fair Complex on Dec. 30, 2022 in Guangzhou, China. Zou Wei | Visual China Group | Getty Images BEIJING — Baidu’s ChatGPT-like product is set to come to electric, assisted-driving cars, startup Jidu said Tuesday. Jidu, backed by… Continue reading Chinese EV startup Jidu plans to use ChatGPT-like tech

Autonomous Driving Simulation Market Report 2022: Foreign Companies Have Established Subsidiaries in China to Facilitate Simulation Business Expansion

DUBLIN, Feb. 15, 2023 /PRNewswire/ — The “Autonomous Driving Simulation Industry Chain Report (Foreign Companies), 2022” report has been added to  ResearchAndMarkets.com’s offering. Simulation test research: foreign autonomous driving simulation companies forge ahead steadily with localization services. As the functions of ADAS and autonomous driving systems are developed and the expected development cycle of SOTIF… Continue reading Autonomous Driving Simulation Market Report 2022: Foreign Companies Have Established Subsidiaries in China to Facilitate Simulation Business Expansion

Global Hybrid Electric Vehicle Market Report 2022: Upsurge in the Electrification of Vehicles Catalyzes Sector

DUBLIN, Feb. 15, 2023 /PRNewswire/ — The “Global Hybrid Electric Vehicle Market By Hybridization Type, By Vehicle Type, By Powertrain, By Propulsion, By Region, Competition Forecast & Opportunities, 2027” report has been added to  ResearchAndMarkets.com’s offering. The hybrid electric vehicle market stood around USD 290.63 billion in 2021 and is estimated to reach USD 523.74… Continue reading Global Hybrid Electric Vehicle Market Report 2022: Upsurge in the Electrification of Vehicles Catalyzes Sector