China's auto exports surge, carmakers expand business globally
2 years, 4 months ago

China's auto exports surge, carmakers expand business globally

China Daily  

Lorries carrying vehicles produced by SAIC-GM-Wuling Automobile prepare to depart in Liuzhou, South China's Guangxi Zhuang autonomous region, Feb 25, 2020. NANNING -- SAIC General Motors Wuling Motor Indonesia, a local subsidiary owned by major Chinese automobile manufacturer SAIC-GM-Wuling in Indonesia, rolled out a new energy vehicle named Wuling Air EV at its production base in Bekasi this week, according to the company. SGMW, a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, is based in Liuzhou, South China's Guangxi Zhuang autonomous region. "After five years of operation, Wuling has become one of the best-selling Chinese auto brands in Indonesia," said Han Dehong, deputy general manager of SAIC General Motors Wuling Motor Indonesia. According to SGMW, in the first half of this year, car sales of SAIC General Motors Wuling Motor Indonesia reached 11,261 units, up 3 percent year-on-year.

Global China Market General Indonesia Auto Chinese This Year Han Nev Liuzhou General Motors Sgmw Wuling Motors Saic General Motors Wuling Motor  chinas  market  auto  expand  nev  global  indonesia  chinese  globally  business  surge  general  exports  wuling  motors  carmakers

History of this topic

Audi’s Rebrand in China Points to Bigger Changes in the Auto Industry
4 weeks, 1 day ago

Audi’s Rebrand in China Points to Bigger Changes in the Auto Industry

Wired  

It’s also a rejiggering for the German automaker, which entered China in the late 1980s and became, thanks to a partnership with domestic manufacturer FAW, the first global premium brand to adapt its autos to the Chinese market. “I want to evolve it further.” The brand tweaking also points to deeper dynamics in the Chinese market, where global automakers well …

China's auto sector achieves strong growth in November
4 weeks, 2 days ago

China's auto sector achieves strong growth in November

China Daily  

Xinhua | Updated: 2024-12-12 11:21 Chinese new energy vehicle startup Leapmotor showcases its models at the 2024 Guangzhou auto show in November. CAO YINGYING/CHINA DAILY BEIJING -- China's auto production rose 11.1 percent year-on-year to 3.44 million units in November 2024, while sales climbed 11.7 percent from a year earlier to 3.32 million units, industrial data showed Wednesday. In the …

Nation poised to hold more than half of global EV fleet by 2025
1 month, 1 week ago

Nation poised to hold more than half of global EV fleet by 2025

China Daily  

By Liu Yukun | China Daily | Updated: 2024-11-29 08:59 Potential car buyers check out an NEV in Xiangyang, Hubei province. YANG DONG/FOR CHINA DAILY International consulting firm Gartner recently forecast that global electric vehicle ownership would rise significantly to hit 85 million by 2025, with China accounting for over half of the global EV fleet. Experts highlight that as …

Volkswagen and Chinese partner SAIC to sell joint venture plant in west China’s Xinjiang
Trending News
1 month, 2 weeks ago

Volkswagen and Chinese partner SAIC to sell joint venture plant in west China’s Xinjiang

Associated Press  

BANGKOK — Volkswagen and Shanghai’s SAIC Motor have agreed to sell a factory in China’s far western Xinjiang region that drew criticism due to accusations by western governments of human rights violations. Volkswagen is among many foreign automakers that have been caught flat-footed by an electric vehicle boom in China that has shaken up the market, the world’s largest, over …

China's NEV boom boon for global auto sector
1 month, 2 weeks ago

China's NEV boom boon for global auto sector

China Daily  

A Sitrak hydrogen fuel-cell heavy truck is on display at the automobile exhibition area during the seventh China International Import Expo in Shanghai on Nov 7. SHANGHAI — As the new energy vehicle boom continues in China, global players in related sectors are eyeing a vast array of opportunities and are exerting efforts to tap into this promising market. "China …

China's NEV boom boon for global auto sector
1 month, 2 weeks ago

China's NEV boom boon for global auto sector

China Daily  

An eVTOL is on display at the seventh China International Import Expo in Shanghai on Nov 7. ZHANG WEI/CHINA DAILY "We aim for the technologies developed in China to influence our R&D approach worldwide, enhancing products and technologies that can be applied across global markets," said Xu. "China's manufacturing sector has matured significantly, providing a strong foundation for us to …

China's NEV boom boon for global auto sector
1 month, 2 weeks ago

China's NEV boom boon for global auto sector

China Daily  

A Sitrak hydrogen fuel-cell heavy truck is on display at the automobile exhibition area during the seventh China International Import Expo in Shanghai on Nov 7. SHANGHAI — As the new energy vehicle boom continues in China, global players in related sectors are eyeing a vast array of opportunities and are exerting efforts to tap into this promising market. "China …

China's NEV boom boon for global auto sector
1 month, 2 weeks ago

China's NEV boom boon for global auto sector

China Daily  

An eVTOL is on display at the seventh China International Import Expo in Shanghai on Nov 7. ZHANG WEI/CHINA DAILY "We aim for the technologies developed in China to influence our R&D approach worldwide, enhancing products and technologies that can be applied across global markets," said Xu. "China's manufacturing sector has matured significantly, providing a strong foundation for us to …

China's NEV boom boon for global auto sector
1 month, 2 weeks ago

China's NEV boom boon for global auto sector

China Daily  

A Sitrak hydrogen fuel-cell heavy truck is on display at the automobile exhibition area during the seventh China International Import Expo in Shanghai on Nov 7. SHANGHAI — As the new energy vehicle boom continues in China, global players in related sectors are eyeing a vast array of opportunities and are exerting efforts to tap into this promising market. "China …

Insiders: Partnerships crucial in driving NEV industry forward
Trending News
2 months ago

Insiders: Partnerships crucial in driving NEV industry forward

China Daily  

A Porsche electric car on display at the ongoing China International Import Expo in Shanghai. ZOU HONG/CHINA DAILY Open and collaborative partnerships are the intrinsic forces for developing the global new energy vehicle industry, in order to drive technological advancements and tackle climate change, officials and executives said on Wednesday. China's NEVs not only provide diversified and cost-effective choices for …

Insiders: Partnerships crucial in driving NEV industry forward
Trending News
2 months ago

Insiders: Partnerships crucial in driving NEV industry forward

China Daily  

A Porsche electric car on display at the ongoing China International Import Expo in Shanghai. ZOU HONG/CHINA DAILY Open and collaborative partnerships are the intrinsic forces for developing the global new energy vehicle industry, in order to drive technological advancements and tackle climate change, officials and executives said on Wednesday. China's NEVs not only provide diversified and cost-effective choices for …

VW underscores commitment to China at CIIE
2 months ago

VW underscores commitment to China at CIIE

China Daily  

The Volkswagen Group's booth at the 7th China International Import Expo, which kicks off on Nov 5, 2024. German car group Volkswagen is presenting a number of its latest products at this year's China International Import Expo, which runs from Tuesday to Sunday. We have a clear ambition to maintain our position as the leading international car manufacturer in China," …

China and Germany Rekindle Auto Cooperation, Shaping Future of Sustainable Mobility
2 months, 3 weeks ago

China and Germany Rekindle Auto Cooperation, Shaping Future of Sustainable Mobility

China Daily  

Chinese and German automakers are exploring new ways to enhance their long-standing cooperation, focusing on digitalization and sustainable transformation. The conference brought together 400 representatives from the auto industries of both countries to discuss common ground and explore potential areas of collaboration. Both sides emphasized the importance of international cooperation in the automotive sector, acknowledging the significant contributions of German …

Glory days for automakers like Ford, General Motors in China are over
4 months, 1 week ago

Glory days for automakers like Ford, General Motors in China are over

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. The rapid rise of China’s homegrown electric vehicle makers, such as BYD and Xpeng, is upending the largest passenger car market on the planet and leaving the world’s biggest carmakers on the losing …

German firms keen to invest more in China
4 months, 3 weeks ago

German firms keen to invest more in China

China Daily  

Volkswagen showcases its ID series at the Green and Smart Auto Shanghai 2024 in June. PHOTO/CHINA DAILY German companies are determined to ramp up investment in China, motivated by the country's heightened focus on expanding market openness and fast-growing industries, said business executives and market watchers. Sharing similar views, Xu Daquan, president of Bosch Investment Ltd, a country branch of …

German firms keen to invest more in China
4 months, 3 weeks ago

German firms keen to invest more in China

China Daily  

By ZHONG NAN | China Daily Global | Updated: 2024-08-16 09:58 Volkswagen showcases its ID series at the Green and Smart Auto Shanghai 2024 in June. PHOTO/CHINA DAILY German companies are determined to ramp up investment in China, motivated by the country's heightened focus on expanding market openness and fast-growing industries, said business executives and market watchers. Sharing similar views, …

China, Europe develop stronger auto industry ties
5 months, 1 week ago

China, Europe develop stronger auto industry ties

China Daily  

Visitors check out a new energy sports car displayed at the World Intelligence Expo 2024 in Tianjin in June. "China boasts a vast, innovative and dynamic auto market," said Antonio Lopez Arce, CEO of Gestamp's Asia division, emphasizing the strategic importance of the company's strong investment and considerable cooperation in China. In recent years, China's auto market has accelerated its …

Chinese carmakers zoom ahead abroad
6 months, 1 week ago

Chinese carmakers zoom ahead abroad

China Daily  

Chinese carmakers and auto parts manufacturers are increasingly diversifying their overseas production bases to meet growing global demand and address heightened supply chain security concerns, with Central European countries and Mexico becoming hot spots, experts and business executives said. "The two regions also boast good industrial bases with established names that have already set up operations and need good-quality auto …

Chinese cars making inroads Down Under
6 months, 3 weeks ago

Chinese cars making inroads Down Under

China Daily  

It was not all that long ago when Australian roads were dominated by cars from the United States, Europe, Japan and South Korea. He told China Daily: "At the time Australia still had a domestic car sector which made entry all that more difficult for new entrants to the market. "Chinese EVs are cheaper in Australia than in Europe or …

Chinese carmakers zoom ahead abroad
6 months, 3 weeks ago

Chinese carmakers zoom ahead abroad

China Daily  

Employees work at a factory of Chinese new energy vehicle manufacturer Nio in Hungary. ZHANG FAN/XINHUA Chinese carmakers and auto parts manufacturers are increasingly diversifying their overseas production bases to meet growing global demand and address heightened supply chain security concerns, with Central European countries and Mexico becoming hot spots, experts and business executives said. "The two regions also boast …

SOEs set roadmap for rapid transformation
7 months ago

SOEs set roadmap for rapid transformation

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. With China's EV industry developing advantages of scale after more than a decade of growth, State-owned automakers, such as China FAW Group, Dongfeng Motor Corp, Guangzhou Automobile Group and Beijing Automotive Group, are reinforcing their positions in the fuel-powered vehicle market while aggressively expanding …

SOEs set roadmap for rapid transformation
7 months ago

SOEs set roadmap for rapid transformation

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. With China's EV industry developing advantages of scale after more than a decade of growth, State-owned automakers, such as China FAW Group, Dongfeng Motor Corp, Guangzhou Automobile Group and Beijing Automotive Group, are reinforcing their positions in the fuel-powered vehicle market while aggressively expanding …

Chinese autos looking to meet global demand
7 months, 1 week ago

Chinese autos looking to meet global demand

China Daily  

Visitors check out SW products during a machine expo in Shanghai in April 2018. Norbert Wiest, general manager of SW China, the Chinese branch of German machine tool maker SW, said, "It is logical for China's car industry to go global." Wiest said SW's Hungary branch saw a business boom in the past two years, largely due to orders from …

China's new-energy sector draws interest of global investors
7 months, 2 weeks ago

China's new-energy sector draws interest of global investors

China Daily  

Tesla showcases its charging piles and electric vehicles at the 2023 Consumer Technology and Innovation Show on May 30 in Shanghai. Experts said China's fast-growing green technologies and its thriving new-energy market have heightened the country's magnetism for foreign investors, particularly auto firms keen on turbocharging the electrification trend. "The influx of investments by international carmakers has shed light on …

Experts slam 'overcapacity' talk
7 months, 3 weeks ago

Experts slam 'overcapacity' talk

China Daily  

Employees work at an auto production facility in Jinhua, Zhejiang province, in April. BEIJING — China's booming new energy vehicle sector recently drew scrutiny for purported "Chinese overcapacity" from certain Western nations. As a proactive response to the global green and low-carbon transition, China's thriving sectors like NEVs, wind power and photovoltaics have gained more prominence, Huo said. Huo noted …

German carmakers upbeat on China market, green push
7 months, 3 weeks ago

German carmakers upbeat on China market, green push

China Daily  

The roll-off ceremony of the 6 millionth car produced by BMW Brilliance Automotive is held in Shenyang, Liaoning province, on May 8. In 2023, China's automobile production and sales had reached 30.2 million and 30.1 million vehicles, respectively, representing year-on-year increases of 11.6 percent and 12 percent. China's automobile market has ranked first globally in terms of both production and …

GWM's overseas sales to rise 60% in 2024
7 months, 4 weeks ago

GWM's overseas sales to rise 60% in 2024

China Daily  

Great Wall Motor showcases its models at the 2024 Beijing auto show. Great Wall Motor, China's largest SUV maker, said it expects to scale up its overseas sales this year to 500,000 units, which would mark a 59.23 percent rise year-on-year. Last year, it delivered 314,000 vehicles outside of China, a record high for the company, which was one of …

NEV makers move fast in China leveraging innovation, cooperation
7 months, 4 weeks ago

NEV makers move fast in China leveraging innovation, cooperation

China Daily  

Employees work on the assembly line of a new energy vehicle manufacturer in Chongqing. TANG YI/XINHUA HEFEI -- Fierce competition has driven up technological innovation and industrial upgrading in China's new energy vehicle sector, with auto brands revving up investment and seeking cooperation. China's NEVs captured a 62-percent share of the global NEV market in the first two months of …

Mood toward NEV stocks brightens
8 months ago

Mood toward NEV stocks brightens

China Daily  

A BYD Ocean-M electric car is displayed at the 2024 Auto China in Beijing on April 25, 2024. The trade-in plan is expected to spur demand from Chinese car buyers who adopted a wait-and-see stance in the previous months, said Yin Xinchi, chief auto and parts industry analyst at CITIC Securities. Of the cars that will be eventually traded in, …

Foreign firms ride nation's big changes
8 months, 1 week ago

Foreign firms ride nation's big changes

China Daily  

Aerial photo taken on Feb 16, 2022 shows a photovoltaic power station in Yongren county of Chuxiong Yi autonomous prefecture, Southwest China's Yunnan province. Stephane Nassau, a French national and president for global sales at the Climate Solutions division of the Danish technology and engineering conglomerate Danfoss Group, thinks that China's visa-free policy for many European countries, including France and …

Competition-fueled Chinese EV boom to benefit world market, speed up decarbonization
8 months, 2 weeks ago

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

China Daily  

Xiaomi CEO Lei Jun speaks during a news conference at the 2024 Beijing International Automotive Exhibition in Beijing, on April 25. Price cuts across various brands after Xiaomi's launch, from the Huawei Aito M7 to the 2024 Xpeng G9, demonstrate the dynamic nature of China's EV market. However, the fierce competition in China's new energy vehicle market, including price wars …

Chinese automakers redefine the car as a living space at Beijing Auto Show
8 months, 2 weeks ago

Chinese automakers redefine the car as a living space at Beijing Auto Show

Associated Press  

BEIJING — How about turning a car’s front bucket seats 180 degrees so they face the rear seats and extending out a table so the occupants can play cards or eat a meal? The seemingly never-ending efforts of China’s electric car makers to redefine the automobile went on display Thursday at the opening of the nation’s largest annual auto show. …

VW to grow China sales to 4 million units in 2030
8 months, 2 weeks ago

VW to grow China sales to 4 million units in 2030

China Daily  

A Volkswagen charging station is displayed at the Shanghai auto show on April 18, 2023. 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 Wednesday, would mean a 15 percent share of the …

Global car brands need to catch up, says expert
8 months, 2 weeks ago

Global car brands need to catch up, says expert

China Daily  

Xu Changming, an expert at the State Information Center, gives a speech at the seminar organized by Auto Star Works on April 23, 2024. International carmakers need to make "major changes" to stay competitive in China, the world's largest vehicle market, said Xu Changming, an expert at the State Information Center. Also, the State Information Center's survey show that those …

Top auto giants reach out for Chinese tech
8 months, 2 weeks ago

Top auto giants reach out for Chinese tech

China Daily  

An Xpeng store in Hangzhou, Zhejiang province, showcases its P7i, P5 sedans and other models. LONG WEI/FOR CHINA DAILY Global carmakers from Volkswagen and Stellantis are reaching out to Chinese electric vehicle companies to help boost their competitive edge as the sector is shifting toward electrification. Volkswagen said on Wednesday it is codeveloping an electrical/electronic architecture with Chinese startup Xpeng …

VW partners with Xpeng to develop EV architecture
8 months, 3 weeks ago

VW partners with Xpeng to develop EV architecture

China Daily  

Volkswagen AG showcases its EV technology at the China International Import Expo in November 2023. Volkswagen AG said on Wednesday it is codeveloping an electrical/electronic architecture with Chinese startup Xpeng in an effort to improve its competitive edge in China's heated EV market. Currently, China's popular new energy vehicle models come from primarily local Chinese marques, including BYD as well …

Brose seeks long-term development in China
8 months, 3 weeks ago

Brose seeks long-term development in China

China Daily  

German auto supplier Brose showcases its products at the Shanghai auto show in April 2023. 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 most vibrant hubs of innovations across the globe," said …

Chinese EV makers challenging market leaders at auto show in Bangkok
9 months, 2 weeks ago

Chinese EV makers challenging market leaders at auto show in Bangkok

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese electric vehicle makers are …

VW unveils ambitious product plan to stay atop in the country
11 months, 1 week ago

VW unveils ambitious product plan to stay atop in the country

China Daily  

Volkswagen AG showcases its EV technology at the China International Import Expo in November 2023. Volkswagen will expedite product introduction in China with more than 30 electric models by 2030 and 30 locally produced fuel-powered and plug-in hybrid models by 2027, aiming to stay as the No 1 international automaker in the world's largest auto market. The group said that …

Guangdong's manufacturers stand out from pack
11 months, 2 weeks ago

Guangdong's manufacturers stand out from pack

China Daily  

Workers are busy on a smart assembly line of GAC Aion in Guangzhou, Guangdong province, in June. "We adhere to the principle of the real economy as the foundation and prioritize the manufacturing industry, thus making significant progress in the construction of a modern industrial system," said Wang Weizhong, governor of Guangdong. The added value of the manufacturing sector in …

Chinese auto exports rose 64% in 2023, with strong push by EVs, as makers expanded overseas
1 year ago

Chinese auto exports rose 64% in 2023, with strong push by EVs, as makers expanded overseas

Associated Press  

BEIJING — China’s auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday. They have also pushed into electric vehicles as government subsidies transformed China into the world’s largest EV market, even as car sales have stagnated overall. “What China is doing with the EV is it’s using its domestic …

How China works: Chinese NEVs going global
1 year ago

How China works: Chinese NEVs going global

China Daily  

When it comes to new energy vehicles, you are probably familiar with the concept. More people have begun to choose new energy vehicles as a means of transportation. In recent years, China's new energy vehicle industry has moved quickly and steadily, ranking first in the global production and sales of new energy vehicles for eight consecutive years, and creating a …

How China works: Chinese NEVs going global
1 year ago

How China works: Chinese NEVs going global

China Daily  

When it comes to new energy vehicles, you are probably familiar with the concept. More people have begun to choose new energy vehicles as a means of transportation. In recent years, China's new energy vehicle industry has moved quickly and steadily, ranking first in the global production and sales of new energy vehicles for eight consecutive years, and creating a …

How China works: Chinese NEVs going global
1 year ago

How China works: Chinese NEVs going global

China Daily  

When it comes to new energy vehicles, you are probably familiar with the concept. More people have begun to choose new energy vehicles as a means of transportation. In recent years, China's new energy vehicle industry has moved quickly and steadily, ranking first in the global production and sales of new energy vehicles for eight consecutive years, and creating a …

Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them
1 year, 2 months ago

Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them

Associated Press  

LONDON — When Laima Springe-Janssen was looking to replace her French-made gasoline-powered SUV with an electric car, she considered models from Volvo and Nissan. “China has a better offer.” Her enthusiasm underscores how Chinese automakers are winning over drivers as they make major inroads into Europe’s electric vehicle market, challenging long-established homegrown brands in an industry that’s key to the …

Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them
1 year, 2 months ago

Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “China has a better offer.” Her enthusiasm underscores how …

Tesla in Troubled Waters: Elon Musk’s EV company is struggling to sell its cars in China
1 year, 3 months ago

Tesla in Troubled Waters: Elon Musk’s EV company is struggling to sell its cars in China

Firstpost  

Elon Musk’s Tesla is struggling in China, the world’s largest EV market despite starting a price war that tried to undercut other local players. In September, the Beijing-headquartered premium EV maker delivered 36,060 vehicles, marking a 3.3 per cent increase from the previous month and an impressive 212.7 per cent year-on-year growth. During the third quarter, Li Auto shipped 105,108 …

Chinese cars electrify world's roads
1 year, 4 months ago

Chinese cars electrify world's roads

China Daily  

NIO's battery-swap station in Ulm, Germany, is put into operation earlier this month. A report from consultancy KPMG forecast that Chinese carmakers are expected to capture around 15 percent of Europe's EV market by 2025, as established players such as BYD and emerging companies such as NIO and Li Auto gain popularity among European consumers. With its affluence, environmental consciousness …

Chinese auto brands on rise as they seize NEV opportunities
1 year, 6 months ago

Chinese auto brands on rise as they seize NEV opportunities

China Daily  

Vehicles lined up in a port in Yantai, Shandong province, for export overseas on July 6. TANG KE/FOR CHINA DAILY Executives speak of potential to snatch car market dominance at the China Auto Forum China's auto industry is experiencing a new phase of high-quality development, particularly in the field of new energy vehicles where it has established a competitive edge, …

Chinese auto brands on rise as they seize NEV opportunities
1 year, 6 months ago

Chinese auto brands on rise as they seize NEV opportunities

China Daily  

Vehicles lined up in a port in Yantai, Shandong province, for export overseas on July 6. TANG KE/FOR CHINA DAILY Executives speak of potential to snatch car market dominance at the China Auto Forum China's auto industry is experiencing a new phase of high-quality development, particularly in the field of new energy vehicles where it has established a competitive edge, …

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