News
-
Charging infrastructure to bloom on govt support
With more new energy vehicles on the road, China’s development of charging infrastructure is on a fast track supported by favorable incentives from the government, experts said. The country unveiled a plan recently to expand road networks to about 461,000 kilometers by 2035 and encourages...Read more -
China supercharges electric refueling infrastructure
China’s development of charging infrastructure is on the fast track, supported by a high penetration of new energy vehicles and favorable incentives from the government, experts said. The latest data from the China Electric Vehicle Charging Infrastructure Promotion Alliance show the domes...Read more -
ZF to build $61m plant in Shandong
German auto parts supplier ZF is to build a plant in the coastal city of Rizhao, Shandong province, as it is further expanding its footprint in China. Investment in the plant, which is expected to go operational by the end of 2022, will reach 60 million euros ($60.92 million), according to the d...Read more -
GM expands business in world’s largest auto market
General Motors, the largest carmaker in the United States, is expanding investment in China, showcasing its confidence in the long-term growth of the world’s largest automobile market. The carmaker signed an agreement on Thursday with Shanghai Pudong New Area with an intended investment of...Read more -
China’s major auto cluster in high gear on road to economic recovery
SHANGHAI — Located in Southeast Shanghai, US carmaker Tesla’s Shanghai Gigafactory is bustling with production activity as it has returned to full production capacity by early June following a disruption due to COVID-19 resurgence. The Tesla factory’s return to normalcy is not ...Read more -
Electric Car Prices Spiking Due To Rising Costs And Demand
It comes as no surprise that the price of electric cars is rising. It seems the price of just about everything is rising, and ever since the COVID-19 pandemic, it also seems it’s simply harder to get the things that we need and/or want, which leads to an increase in demand. As demand incre...Read more -
Automobile incentive policies fuel nationwide consumption
China will strengthen policy support for the automobile industry in an effort to release auto consumption potential, the State Council said at a meeting on Wednesday. Implementation of these policies is expected to stimulate vehicle and related sales by about 200 billion yuan ($29.83 billion) th...Read more -
BMW faster in EV lane with new plant
German automaker BMW voiced its firm confidence over long-term development prospects of the Chinese market, following the opening of a new plant in Shenyang, capital city of Northeast China’s Liaoning province, on Thursday. BMW Brilliance Automotive named the new plant Lydia, which marks a...Read more -
What is a good car
Everyone likes a good car, they all want to buy a good car, what is a good car? First define, then set standards, and then determine the method of identification, and finally you can buy a real good car. People always ask, which car is better? What is a good car? How can I buy a good car?...Read more -
China’s NEV sector enters fast lane amid decarbonization drive
BEIJING – Riding the waves of green transition, China’s new energy vehicle (NEV) sector has turbocharged growth and entered the fast lane. It is now geared up to play a bigger role in upgrading the global auto industry. Latest data showed that China’s sales of NEVs topped 11.08...Read more -
Auto industry shifts up a gear as business slowly resumes
Vehicle production and sales returning to pre-COVID levels China’s vehicle market, the largest of its kind in the world, saw sales rebound in May after the worst April in a decade, and carmakers expect the recovery to speed up in June. A total of 1.86 million vehicles were sold last month,...Read more -
China is energized to produce lithium batteries
Companies keen to secure raw materials to supply surging market demand Driven by the surging demand for new energy vehicles and efficient power storage gear－generated by the fast development of 5G base stations and data centers－from both global and home markets, China’s lithium battery m...Read more