Mercedes-Benz Group unveils its G-Class electric offroad vehicle at the 2024 Beijing International Automotive Exhibition in Beijing in April. [Photo/Xinhua] BEIJING — China is becoming even more attractive to foreign investors, as the latest figures from the Ministry of Commerce showed that the number of newly established foreign-invested firms in the country hit 12,000 in … Continue reading Country continues to be attractive for MNCs
Tag: vehicle
China’s green automakers — champions of smart mobility
Geely’s electric vehicle brand Zeekr showcases its models at the 2024 Beijing International Automotive Exhibition, April 25. [Photo/VCG] I witnessed a collision at the 2024 Beijing International Automotive Exhibition — that of innovation and progress. Throngs of energetic visitors appeared to feed off the powerful, colorful, shapely beasts on display, whose engines’ horsepower specs and … Continue reading China’s green automakers — champions of smart mobility
Understanding Europe crucial for Chinese carmakers
Visitors examine an off-road vehicle at the Beijing auto show that runs from April 25 to May 4, 2024. [Photo by Li Fusheng/chinadaily.com.cn] Chinese carmakers will help galvanize the vehicle market in Europe, but if they want to secure a foothold, they need to gain a deep understanding of the destination, said the chief economist … Continue reading Understanding Europe crucial for Chinese carmakers
CATL unveils super-long range EV battery
A logo of CATL seen in Guangzhou, Guangdong province on Nov 24, 2023. [Photo/VCG] Contemporary Amperex Technology Co Ltd, the world’s largest vehicle battery maker, unveiled its upgraded fast-charging, super-long range electric vehicle battery at the 2024 Beijing International Automotive Exhibition on Thursday. The lithium iron phosphate battery (LFP), Shenxing Plus, is able to power … Continue reading CATL unveils super-long range EV battery
Global car brands need to catch up, says expert
Xu Changming, an expert at the State Information Center, gives a speech at the seminar organized by Auto Star Works on April 23, 2024. [Photo provided to chinadaily.com.cn] International carmakers need to make “major changes” to stay competitive in China, the world’s largest vehicle market, said Xu Changming, an expert at the State Information Center. … Continue reading Global car brands need to catch up, says expert
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
Intelligent sensor tech firm to boost overseas presence
Guangzhou Asensing Technology Co Ltd. [Photo/Guangzhou Asensing Technology website] Guangzhou Asensing Technology Co Ltd, a company that specializes in high-precision positioning technology for autonomous vehicles, is ramping up efforts to expand its presence in overseas markets, including Europe, the United States and Japan, and bolster the intelligent driving industry, a senior company executive said. Germany, … Continue reading Intelligent sensor tech firm to boost overseas presence
Xiaomi delivers first batch of e-sedan to consumers
Xiaomi’s founder and CEO Lei Jun took a group photo with SU7 customers in Beijing, on April 3, 2024. [Photo/screenshots from Lei Jun’s Weibo account] The first batch of Xiaomi SU7 electric sedans was delivered to customers in 28 cities across China on Wednesday, ThePaper reported. The booking volume of the vehicle has surpassed 100,000, … Continue reading Xiaomi delivers first batch of e-sedan to consumers
Chinese NEV makers encouraged to develop oversea markets: MIIT
Visitors look at an electric MG Cyberster during the 45th Bangkok International Motor Show in Bangkok, Thailand, March 27, 2024. [Photo/Xinhua] The Ministry of Industry and Information Technology, China’s top industry regulator, said in an exclusive interview with China Daily that it will step up efforts to encourage Chinese new energy vehicle enterprises to accelerate … Continue reading Chinese NEV makers encouraged to develop oversea markets: MIIT