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Investors ploughing billions into China's electric vehicle sector
2 weeks, 5 days ago

Investors ploughing billions into China's electric vehicle sector

China Daily  

By CAO YINGYING | China Daily | Updated: 2024-12-23 09:53 Changan's NEV arm Avatr launches the 12 sedan in Shenzhen, Guangdong province, in November 2023. Changan Automobile's NEV brand Avatr announced on Tuesday that it had finished a Series C financing round, raising more than 11 billion yuan. It will also aid U Power's expansion in the electric commercial vehicle …

China Brand Sales Billion Vehicle Firefly Nev
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 …

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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 Auto Chinese Shanghai Toyota Nev
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 Trade Market Auto Chinese Ciie Nev
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 Auto Chinese Shanghai Toyota Nev
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 Trade Auto Chinese Ciie Nev Global Market
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 Auto Chinese Shanghai Toyota Nev
Qingdao's NEV sector booms amid rising orders
4 months, 3 weeks ago

Qingdao's NEV sector booms amid rising orders

China Daily  

Robotic arms are busy welding in the factory of Beijing Automobile Works' Qingdao base in Laixi, a county-level city in Qingdao, Shandong province, as demand for new energy vehicles climbs. Laixi has been focusing on fostering new quality productive forces by developing a comprehensive new energy vehicle industrial chain. Laixi currently hosts over 30 prominent new energy vehicle companies, including …

Qingdao Energy Vehicle Booms Amid
Qingdao's NEV sector booms amid rising orders
4 months, 3 weeks ago

Qingdao's NEV sector booms amid rising orders

China Daily  

Robotic arms are busy welding in the factory of Beijing Automobile Works' Qingdao base in Laixi, a county-level city in Qingdao, Shandong province, as demand for new energy vehicles climbs. Laixi has been focusing on fostering new quality productive forces by developing a comprehensive new energy vehicle industrial chain. Laixi currently hosts over 30 prominent new energy vehicle companies, including …

Qingdao
Qingdao's NEV sector booms amid rising orders
4 months, 3 weeks ago

Qingdao's NEV sector booms amid rising orders

China Daily  

Robotic arms are busy welding in the factory of Beijing Automobile Works' Qingdao base in Laixi, a county-level city in Qingdao, Shandong province, as demand for new energy vehicles climbs. Laixi has been focusing on fostering new quality productive forces by developing a comprehensive new energy vehicle industrial chain. Laixi currently hosts over 30 prominent new energy vehicle companies, including …

Qingdao
Big milestone: NEV sales lead all segments
4 months, 3 weeks ago

Big milestone: NEV sales lead all segments

China Daily  

Export-bound NEVs await shipment in Xiamen, Fujian province. Retail sales of NEVs nationwide reached 878,000 units in July, accounting for 51.1 percent of the total market, according to data released by the China Automobile Dealers Association. The market penetration rate exceeding 50 percent marked a solid step toward accomplishing the government's target of making electric vehicles the mainstream of new …

Industry Sales Electric Liu Global Energy Nevs Market China Auto
Rise of the Global South
4 months, 4 weeks ago

Rise of the Global South

China Daily  

LI MIN/CHINA DAILY By steadily fostering a sense of identification and solidarity, developing countries are reshaping the international economic order The rise of countries in the Global South is reshaping the international economic landscape and pushing the profound transformation of the global economic order. The rapid economic growth in the countries and regions of the Global South has contributed to …

Global International Growth China Governance Development Global Governance
Domestic automakers climb Fortune rankings
4 months, 4 weeks ago

Domestic automakers climb Fortune rankings

China Daily  

The Tiggo 8L SUV launched by Chery on Aug 8 in Chengdu, Sichuan province. CAO YINGYING/CHINA DAILY Chinese automakers have a strong presence in Fortune Magazine's list of the top 500 global companies with several rapidly ascending in the rankings, showcasing the influence of domestic brands. BYD's NEV sales hit 3.02 million units sold in 2023, when it entered the …

Global China Revenue List Chinese This Year Billion
Domestic automakers climb Fortune rankings
4 months, 4 weeks ago

Domestic automakers climb Fortune rankings

China Daily  

The Tiggo 8L SUV launched by Chery on Aug 8 in Chengdu, Sichuan province. CAO YINGYING/CHINA DAILY Chinese automakers have a strong presence in Fortune Magazine's list of the top 500 global companies with several rapidly ascending in the rankings, showcasing the influence of domestic brands. BYD's NEV sales hit 3.02 million units sold in 2023, when it entered the …

Global China Revenue List Chinese This Year Billion
Chinese NEV enterprises drive, thrive on AI track
6 months, 1 week ago

Chinese NEV enterprises drive, thrive on AI track

China Daily  

An eVTOL vehicle of Xpeng showcased at the 2024 World Intelligence Expo at the National Convention and Exhibition Center in North China's Tianjin, June 20, 2024. XPENG, a smart NEV maker based in the southern Chinese city of Guangzhou, showcased a series of AI-powered innovations at the 2024 World Intelligence Expo held recently in North China's Tianjin municipality. Nowadays, breakthrough …

Security China Car Driving Chinese Group Vehicle
Call for open markets and cooperation by auto execs
6 months, 1 week ago

Call for open markets and cooperation by auto execs

China Daily  

Volkswagen's booth at the Shenyang international auto show in Liaoning province in May 2023. Leading companies in the automotive industry have called for free markets and cooperation at the 2024 Summer Davos amid the efforts of the European Union and the United States to curb the rise of China's new energy vehicle industry. Volkswagen Group is a strong advocate for …

China Vehicles Vehicle European German Byd Volkswagen
China's installed capacity of power batteries sees growth in first 5 months
6 months, 3 weeks ago

China's installed capacity of power batteries sees growth in first 5 months

China Daily  

A worker operates equipment at a production line of Gotion High-tech Co, a Chinese company focusing on power battery development and production, in Hefei, Anhui province, in December 2022. RUAN XUEFENG/FOR CHINA DAILY BEIJING -- China's installed capacity of power batteries went up in the first five months of the year, according to data from the China Automotive Battery Innovation …

China Nev Power Batteries
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 …

Europe China Chinese German Nev Wiest Emag
Clean energy boosted by tech, supply chains
7 months, 2 weeks ago

Clean energy boosted by tech, supply chains

China Daily  

Sungrow Power Supply's new energy tech center is seen in Hefei, Anhui province, in April. XINHUA Automated factory At new energy vehicle maker Nio's state-of-the-art manufacturing hub in the eastern Chinese city of Hefei, Anhui province, an innovative vehicle storage and retrieval platform, aptly named "Rubik's Cube", efficiently manages over 700 vehicle bodies, facilitating a seamless process for personalized production. …

Energy China Industry Tech Supply Power Chinese
Automotive industry leader to grow business in China by 50%
7 months, 2 weeks ago

Automotive industry leader to grow business in China by 50%

China Daily  

The company has established its largest global connector manufacturing and R&D base in Shanghai at Aptiv Central Electric Co. Aptiv, a leader in the automotive parts industry, aims to grow its business in China by 50 percent over the next five years, mostly driven by the rising demand from the new energy vehicle sector. In the fiscal year of 2023, …

China Company Shanghai Connector Nev Aptiv
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 …

China Market Vehicles Chinese Shanghai Electric Bmw
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 …

Global Development Green Western Chinese Ding Nevs China Economic
Powering the future, today
7 months, 3 weeks ago

Powering the future, today

China Daily  

WANG XIAOYING/CHINA DAILY Editor's note: The world has undergone many changes and shocks in recent years. For this purpose, the China Watch Institute of China Daily and the National Institute for Global Strategy, Chinese Academy of Social Sciences, jointly present this special column: The Global Strategy Dialogue, in which experts from China and abroad will offer insightful views, analysis and …

Global China Demand Chinese China Daily Million Capacity
From Shenzhen to Bremen, automotive cooperation takes new steps forward
7 months, 3 weeks ago

From Shenzhen to Bremen, automotive cooperation takes new steps forward

China Daily  

A sedan from Chinese carmaker BYD stands in front of car freighter BYD Explorer No 1 that came to Bremen, Germany, from Shenzhen, Guangdong province, in February. SHENZHEN — A ro-ro ship under the name BYD Explorer No 1, the first of the new energy vehicle giant's "shipping fleet" — with another seven transport ships under construction — arrived at …

Global Europe China Development Market Germany Cooperation