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FAW, Audi seek new path in China’s smart EV market

Two quality assurance workers inspect a car body at Audi and FAW’s NEV joint venture. [Photo provided to chinadaily.com.cn] The “digital-intelligent war” in China’s auto industry, spearheaded by domestic brands, is reaching a fever pitch, marking an epic transformation from “trading market for technology” to “setting global standards with technology”. Last year, new energy vehicles,…

XPeng to mass-produce flying cars by 2026

He Xiaopeng, a deputy to the 14th National People’s Congress meets the media on the sidelines of the ongoing two sessions at the Great Hall of the People in Beijing, on March 8, 2025. [Photo/Xinhua] Chinese electric vehicle maker XPeng Motors plans to mass-produce flying cars by 2026, as China’s low-altitude economy gains momentum with…

XPeng Motors records strong deliveries

Chinese electric vehicle company XPeng Motors said it delivered 30,453 vehicles in February 2025, marking a 570 percent year-over-year growth. This achievement solidifies XPeng’s position as the top performer among Chinese EV startups in new energy vehicle deliveries for the second consecutive month. Notably, the company has now surpassed the 30,000-vehicle delivery milestone for four…

FAW, Leapmotor join hands in NEV development

Senior executives from FAW Group and Leapmotor pose after the two companies signed a memo for cooperation on March 3, 2025, in Changchun, Jilin province. [Photo provided to chinadaily.com.cn] China FAW Group and Leapmotor signed a memo for strategic cooperation on Monday, aiming to strengthen collaboration in the burgeoning and competitive new energy vehicle sector.…

More insurers join China’s insurance platform for new energy vehicles

An employee works at an automobile assembly workshop in Chongqing in January. WANG QUANCHAO/XINHUA BEIJING – A total of 22 insurance companies officially joined on Friday an insurance platform dedicated to ensuring proper coverage for new energy vehicles (NEVs) in China. This is the second batch of insurers enlisted on the platform, according to the…

Buick rolls out fixed-price sales strategy in China

Buick announces the fix-priced strategy on Feb 28, 2025. [Photo provided to chinadaily.com.cn] Sino-US joint venture SAIC GM has started a “fixed-price” sales strategy for its Buick marque, in an effort to boost its appeal amid intense competition in the Chinese vehicle market. The transparent, non-negotiable pricing approach, inspired by direct-sales strategies used by new…

Chinese carmakers set sights overseas

IM Motor’s IM6 models await shipment to Thailand from Shanghai Haitong International Automotive Terminal on Feb 23. [CHINA DAILY] Chinese automakers are ramping up efforts to ship vehicles overseas, exploring growth while navigating uncertainties and policy changes in the global automotive market. The new energy vehicle startup Xpeng shipped the first batch of 300 right-hand…

BMW stretches out with bigger X3 SUV

A new BMW X3 goes off-road in Xishuang Banna Dai autonomous prefecture in Yunnan province on Feb 27.[CHINA DAILY] Great tea and great cars are about heritage and innovation, but they are more than that, said BMW Brilliance President and CEO Franz Decker. “It is also about experience, emotion and keeping true to your values,”…

Consumption vouchers give a boost to Beijing’s auto market

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Beijing sees a boost in its automotive market due to its auto consumption voucher program, which has driven the city’s vehicle sales and regional economic growth. [Photos provided to chinadaily.com.cn] Beijing is seeing a boost in its automotive market due to its auto consumption voucher program, which has driven the city’s vehicle sales and regional…

China’s Tianjin Port reports record single-vessel auto exports

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Over 4,000 domestically produced vehicles are shipped from the Global Ro-Ro Terminal at the Tianjin Port to international markets. [Provided to chinadaily.com.cn] TIANJIN – A vessel carrying more than 4,000 vehicles departed from North China’s Tianjin Port on Wednesday, bound for overseas markets including South America. This marks a new record for single-vessel exports of…