Lexus’ booth at the 2024 Beijing auto show in April. SONG YU/FOR CHINA DAILY Toyota, the world’s leading carmaker by sales, has made a bold move to establish a wholly owned subsidiary in Shanghai to produce batteries and electric vehicles for its high-end Lexus brand. The new facility, set to begin production in 2027, will…
This photo taken on April 15, 2024 shows a view outside a Tesla store in San Mateo, California, the United States. [Photo/Xinhua] Tesla posted lower sales across five European countries in January, including the United Kingdom and France, as competitors with newer models gained on the electric vehicle maker and polls show public opinion souring…
The planned restructuring of Wuhan, Hubei province-headquartered Dongfeng Motor Corp and Chongqing-based Changan Automobile is expected to create a more integrated and competitive automaker capable of competing with global giants like Toyota, Volkswagen and Tesla in the coming years, said analysts on Monday. A number of listed subsidiaries of State-owned Dongfeng Motor and CSGC, the…
ROX 01 debuts in Saudi Arabia at LEAP 2025, which runs from Feb 9 to 12 in Riyadh. [Photo provided to chinadaily.com.cn] ROX Motor, a Chinese new energy vehicle brand, has entered the Saudi Arabian market, with the debut of its luxury all-terrain SUV, ROX 01, on Sunday at the country’s technology event LEAP. The…
A driver charges his NEV at an expressway service area in Wuhu, Anhui province. XIAO BENXIANG/FOR CHINA DAILY As China’s new energy vehicle sector continues to grow rapidly, NEV charging volume on China’s highways saw a significant increase during the Spring Festival holiday, surging nearly 30 percent compared to the same period last year, according…
An aerial drone photo taken on Dec 15, 2024 shows a view of Tesla’s energy-storage battery Megafactory in East China’s Shanghai. [Photo/Xinhua] SHANGHAI — US carmaker Tesla said on Wednesday that its Shanghai energy-storage battery Megafactory will start official operation next week. The construction of this Megafactory in East China was completed at the end…
Audience visit the Sydney International EV AutoShow 2024 in Sydney on Nov 8. The three-day event showcased electric vehicles from global manufacturers. MA PING/XINHUA In March 2013, a 1.6-liter turbocharged midsized sedan called Qoros 3 debuted at the Geneva International Motor Show in Switzerland, grabbing the attention of a few reporters looking for something new…
The emblem of Japanese automaker Nissan Motor is seen at a showroom in Yokohama, Japan, on May 9, 2024. [Photo/Agencies] Nissan Motor will suspend merger talks with Honda Motor, as the two Japanese automakers have been unable to agree on key stipulations, such as the integration ratio, Nikkei reported on Wednesday. Nissan will withdraw the…
Voyah starts presales of the Courage electric SUV at the 2024 Chengdu auto show. [Photo by Cao Yingying/chinadaily.com.cn] Voyah, Dongfeng’s premium arm, announced on Friday that it has completed a deep integration with the super popular DeepSeek model, making its Courage the first production vehicle in the automotive industry to feature the Chinese startup’s technology.…
Toyota Motor Corporation announced Wednesday to sign a comprehensive partnership agreement on carbon neutrality with Shanghai and will establish a new wholly owned company in the city’s Jinshan district to develop and produce battery electric vehicles (BEVs) and batteries. Under this partnership with the Shanghai municipal government, Toyota, which has been present in the Chinese…