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
Tag: carmaker
Honda unveils EVs on platform developed in China
Honda’s new EV series, called Ye, are built on a dedicated platform developed in China. [Photo provided to chinadaily.com.cn] Japanese carmaker Honda unveiled on Tuesday an all-new EV series it will introduce into the Chinese vehicle market later this year. The Ye Series will be built on a dedicated EV platform developed in China and … Continue reading Honda unveils EVs on platform developed in China
VW to grow China sales to 4 million units in 2030
A Volkswagen charging station is displayed at the Shanghai auto show on April 18, 2023. [Photo provided to chinadaily.com.cn] 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 … Continue reading VW to grow China sales to 4 million units in 2030
VW to invest $2.67b for expansion of Hefei hub
Volkswagen showcases the ID.3 at the Chengdu auto show in August. LI FUSHENG/CHINA DAILY Volkswagen is investing 2.5 billion euros ($2.67 billion) in China as the German car group celebrates its 40th anniversary in the world’s largest vehicle market. The investment will be spent on expanding its production and innovation hub in Hefei, Anhui province, … Continue reading VW to invest $2.67b for expansion of Hefei hub
Car sales accelerate in March
Employees inspect new energy vehicles on the assembly line of Li Auto’s workshop in Changzhou, Jiangsu province, in December. [CHEN WEI/FOR CHINA DAILY] Many carmakers saw their March sales rise in China, fueled by the popularity of new energy vehicles and amid fierce competition that analysts expect to continue throughout the year. BYD reclaimed its … Continue reading Car sales accelerate in March
Spotlight on decade of Jaguar Land Rover’s charitable works
The Dream-Building Corner in the Jaguar Land Rover dealership in Beijing’s Sihui area. [Photo/China Daily] At the Jaguar Land Rover dealership in Beijing’s Sihui area, a special section was set up last week. The section, called the Dream-Building Corner, has nothing to do with car displays or sales though. It instead features the British carmaker’s … Continue reading Spotlight on decade of Jaguar Land Rover’s charitable works
China thrives as center of global brand exports
Visitors look at BYD’s electric vehicle “Sealion” during the 45th Bangkok Motor Show in Bangkok, Thailand, March 26, 2024. [Photo/VCG] China is emerging as an important export hub for international carmakers as they rev up efforts to make better use of their manufacturing facilities: either because of competition from local car marques or the country’s … Continue reading China thrives as center of global brand exports
Audi pledges to invest in electric powertrains
An Audi Q6 e-tron. [Photo/CHINA DAILY] German premium carmaker Audi will further embrace electrification thanks to its financial strength even amid technological change and heightened competition, executives said last week. Audi AG, which owns the brands of Bentley, Lamborghini and Ducati, saw its revenue increase by 13.1 percent to 69.9 billion euros ($76.24 billion) in … Continue reading Audi pledges to invest in electric powertrains