Tag: car

German carmakers upbeat on China market, green push

The roll-off ceremony of the 6 millionth car produced by BMW Brilliance Automotive is held in Shenyang, Liaoning province, on May 8. [Photo/Xinhua] SHENYANG — A BMW i5 electric car rolled off the assembly line on May 8 in Northeast China’s Shenyang, capital of Liaoning province, marking the 6 millionth car produced by BMW Group’s … Continue reading German carmakers upbeat on China market, green push

Car rental services boosted as tourism market heats up

An outlet of CAR Inc in Beijing, Oct 28, 2021. [Photo/IC] BEIJING — China’s car rental industry is experiencing significant growth, driven by the increasing popularity of self-driving tours in the thriving tourism market. CAR Inc, a leading domestic car rental service provider, has reported a surge in bookings, with more than 90 percent of … Continue reading Car rental services boosted as tourism market heats up

Mood toward NEV stocks brightens

A BYD Ocean-M electric car is displayed at the 2024 Auto China in Beijing on April 25, 2024. [Photo/VCG] Listed Chinese new energy vehicle makers can look forward to their stocks performing well in capital market on the back of their robust production and sales numbers, which will be further boosted by the country’s supportive … Continue reading Mood toward NEV stocks brightens

Tencent unveils smart mobility system for automakers

Dowson Tong, Tencent’s senior executive vice-president and CEO of Tencent’s cloud and smart industries group. [Photo provided to chinadaily.com.cn] Chinese internet company Tencent Holdings launched its large model for vehicles on Wednesday. The company said it has offered its autonomous driving cloud solutions to companies such as Mercedes-Benz, Bosch, Nvidia and Nio. Tencent, which reiterated … Continue reading Tencent unveils smart mobility system for automakers

Huawei unveiled upgraded SUV amid competition

Yu Chengdong, chairman of Huawei’s intelligent automotive solutions business unit, unveiled the upgraded new M5 SUV. [Photo provided to chinadaily.com.cn] Huawei Technologies Co on Tuesday unveiled its upgraded SUV Aito M5, in collaboration with Chinese car maker Seres, in Beijing, as the tech company aims to expand its presence in the increasingly crowded new energy … Continue reading Huawei unveiled upgraded SUV amid competition

Calls for policy to grow country’s vehicle sales

Members of the public visit an auto expo in Dongying, Shandong province, on April 11. [LIU ZHIFENG/FOR CHINA DAILY] China’s top auto trade association is calling for favorable government policies to stimulate sales, saying domestic demand for new vehicles is one of the most important issues to be addressed this year. “We hope that the … Continue reading Calls for policy to grow country’s vehicle sales

Tesla pulls a U-turn on affordable vehicle plans

Tesla showcases its models at the Beijing auto show in 2020. [LI FUSHENG/CHINA DAILY] Tesla has canceled its long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages. The automaker will continue developing self-driving robotaxis on the … Continue reading Tesla pulls a U-turn on affordable vehicle plans

Collaboration on safety key to overseas growth

People look at an electric vehicle of Zeekr at the Swedish eCarExpo 2024 in Stockholm, Sweden, on Feb 2, 2024. [Photo/Xinhua] Chinese carmakers are bringing vehicles to European markets “equivalent, or sometimes even better” than those of their global rivals, said a senior official of the European New Car Assessment Program. “Chinese car manufacturers have … Continue reading Collaboration on safety key to overseas growth