Tag: 2024

VDA opposes EU’s threat of punitive tariffs on Chinese EVs

Hildegard Mueller (center), president of the German Association of the Automotive Industry, visits BYD’s booth at the Beijing auto show on April 25, 2024. [Photo provided to chinadaily.com.cn] The European Union’s measures against Chinese EVs such as additional tariffs would not solve the challenges facing the European automotive industry, said Hildegard Mueller, president of the … Continue reading VDA opposes EU’s threat of punitive tariffs on Chinese EVs

Auto development gains speed in China, says Valeo executive

Valeo’s booth at the Beijing auto show that runs from April 25 to May 4, 2024. [Photo provided to chinadaily.com.cn] Automotive development in China is faster than ever, said a senior executive of French automotive supplier Valeo at the Beijing auto show that runs to May 4. Francois Marion, senior vice-president of the group’s corporate … Continue reading Auto development gains speed in China, says Valeo executive

Xiaomi CEO: 5,781 SU7 delivered in 28 days

Xiaomi CEO Lei Jun speaks during a news conference at the 2024 Beijing International Automotive Exhibition in Beijing, on April 25. [Photo/VCG] Xiaomi has delivered 5,781 units of Xiaomi SU7 since the model was released 28 days ago, announced Lei Jun, founder and CEO of Xiaomi Corp during the 2024 (18th) Beijing International Automotive Exhibition in … Continue reading Xiaomi CEO: 5,781 SU7 delivered in 28 days

China’s smartphone market grows 6.5% in Q1

Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. [Photo by Wang Gang/For China Daily] China’s smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by … Continue reading China’s smartphone market grows 6.5% in Q1

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

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

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

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