A customer inspects Leapmotor vehicles at a store in Yangzhou, Jiangsu province, in December. CHEN YANG/FOR CHINA DAILY The Chinese automotive market sustained its growth momentum as automakers posted record-breaking sales figures for March, with competition notably intensifying in the new energy vehicle sector. Among NEV startups, Leapmotor claimed the top spot for the first…
Raise prices or cut into their margins, open or close factories: carmakers must soon make major decisions as the United States imposes stiff tariffs on imported vehicles. The 25-percent tariffs that the administration of President Donald Trump started to impose from Thursday apply to cars and parts not manufactured in the US. Even US automakers…
Lin-gang Special Area, launched in 2019 as part of the China (Shanghai) Pilot Free Trade Zone to better connect domestic and overseas markets, has deepened its two-way opening-up in a bid to address companies’ development needs and facilitate the area’s high-quality economic growth. One major step can be seen with Tesla’s energy storage facility in…
Chinese automakers showcase their models at the Diaoyutai State Guesthouse in Beijing during the China EV100 Forum, which ran from March 28-30. CAO YINGYING/CHINA DAILY The Chinese automotive industry is experiencing a profound transformation fueled by electrification, intelligence and globalization, with cross-border integration and technological innovation serving as the key drivers of industry advancement. Automobiles are…
This photo taken on Nov 27, 2024 shows the booth of Geely Holding Group at the second China International Supply Chain Expo (CISCE) in Beijing, capital of China. [Photo/Xinhua] BEIJING – China and the European Union (EU) have agreed to promptly resume their negotiations on a price commitment plan regarding the anti-subsidy probe into Chinese…
A robotaxi vehicle seen on a street in Beijing. CHINA DAILY Chinese self-driving auto companies are intensifying efforts to make forays into overseas markets as part of a broader drive to bolster the large-scale commercial application of autonomous driving technology and enhance the competitiveness of domestic enterprises on the global intelligent automotive landscape. Chinese tech heavyweight…
Mercedes-Benz showcases the CAL concept car at the Beijing Auto Show in April 2024. WANG YUTONG/FOR CHINA DAILY Global automotive executives have reaffirmed their commitment to China through sustained investments, underscoring the nation’s role as a hub for technological innovation and industrial progress. Just like other European automotive companies, Mercedes-Benz has been among the biggest foreign…
A BYD worker inspects a Song Pro new energy vehicle at a production line in its factory in Zhengzhou, Henan province, on April 4, 2024. [Photo/Xinhua] Advancements in new energy vehicles and intelligent driving technologies are boosting vehicle performance in the auto industry, yet persistent concerns underscore the need for a higher standard evaluation system…
Avatr Chief Design Officer Nader Faghihzadeh explains the details of the limited 012 co-created with former Dior and Fendi artistic director Kim Jones on March 25, 2025. [Photo provided to chinadaily.com.cn] Chinese carmakers have long dreamed of building globally recognized premium brands, and now the goal is within reach as their cutting-edge EVs are captivating…
Car bodies are seen at the plant of Seres in Chongqing city in Southwest China. [Photo provided to chinadaily.com.cn] Chinese automaker Seres achieved revenue of 145.18 billion yuan ($19.98 billion) in 2024, marking a staggering 305.04 percent rise year-on-year, according to its financial results released late on Monday. Its net profit attribuated to shareholders stood…