Just hours before the arrival of Valentine’s Day, Japan’s Nissan and Honda called off their planned marriage, which otherwise could have created the world’s fourth-largest car group after Toyota, Volkswagen and Hyundai. The carmakers announced on Thursday the termination of their memorandum of understanding on a merger, which was signed a day before Christmas Eve.…
Shanghai-based artificial intelligence startup StepFun and Chinese carmaker Geely Auto Group jointly announced on Tuesday the open-sourcing of two multimodal large models to global developers. The initiative comes amid the recent array of open-source models led by DeepSeek-R1 developed by Chinese startup DeepSeek. The action hopes to contribute to Chinese companies’ efforts to offer the…
The user interface of the DeepSeek app. CHINA DAILY More than a dozen major automakers in China have integrated artificial intelligence startup DeepSeek’s popular large language model into their own systems, shifting the focus of their competition from autonomous driving to intelligent onboard experiences. On Feb 6, just two weeks after the startup shocked Silicon Valley…
Visitors inspect a BYD Seagull at the Changchun auto show, Jilin province, in July. TANG KE/FOR CHINA DAILY Smart driving, which has until recently been reserved for premium brands, will soon become as standard as safety belts: BYD is making the feature available in cars priced less than $10,000. China’s largest electric vehicle manufacturer announced last…
An employee works on the production line of an all-solid-state battery maker in Chongqing. [CUI JINGYIN/FOR CHINA DAILY] Several Chinese key players in the all-solid-state sector, including BYD, unveiled an ambitious timeline for producing the game-changing battery by 2027, which signals China’s determination to lead in next-generation battery technology globally. Sun Huajun, chief technology officer…
An employee explains the functions of a CATL battery during an auto expo in Beijing in October. [CHEN XIAOGEN/FOR CHINA DAILY] Contemporary Amperex Technology Co Ltd, the world’s largest electric vehicle battery maker, has filed for a Hong Kong listing that is expected to be the city’s biggest initial public offering in four years. The…
A BYD Yangwang U9 is on display during the Brussels Motor Show 2025 in Brussels, Belgium, on Jan 10, 2025. [Photo/Xinhua] With several automakers unveiling plans to accelerate the adoption of artificial intelligence and advanced technologies, intelligent driving injected new vitality into the NEV industry, the China Securities Journal reported on Tuesday. China’s automaker BYD…
This photo shows a production launch ceremony of US carmaker Tesla’s gigafactory in Shanghai, Feb 11, 2025. [Photo/Xinhua] Tesla’s energy storage plant in Shanghai’s Lin-gang Special Area commenced operation on Tuesday, as the assembly line started the production of the first Megapack unit. The Megapack, which is an advanced battery system designed for large-scale energy…
Visitors view a BYD Sealion 7 electric vehicle on display at the Singapore Motorshow on Jan 9, 2025. [Photo/VCG] SINGAPORE — Chinese car brands have expanded their market share in Singapore, while Japanese and German automakers have seen declines, The Straits Times reported on Monday. Citing data from the Land Transport Authority, the report said…
Dancers perform next to a BYD Sealion 7 at the Singapore Motor Show on Jan 9, 2025. ROSLAN RAHMAN/AFP Right after the Spring Festival holiday, automobile markets in China have become hectic, touting new features, offering discounts and even appearing in movies to woo potential car buyers. Tesla announced on Wednesday, the first working day…