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Tesla among first trial companies as China further opens telecom sector

Potential car buyers seen at a Tesla showroom in Shanghai. [Photo/China Daily] China officially launched on Wednesday the pilot program that aims to further open up value-added telecommunications services, with sources telling China Daily that United States’ vehicle maker Tesla Inc is among the first group of foreign firms to take part in the program.…

BMW Brilliance kicks off geothermal energy project in China’s Shenyang

Employees work on a BMW assembly line in Shenyang, Liaoning province. CHINA DAILY SHENYANG – German carmaker BMW Group’s joint venture in China on Monday kicked off a geothermal energy project aimed at realizing 100 percent non-fossil energy heating for its factories in Shenyang, capital of Northeast China’s Liaoning province. Under the project, BMW Brilliance…

Bosch opens two NEV-related plants

Stefan Hartung, chairman of the board of management of Robert Bosch. [Photo provided to China Daily] German auto parts supplier, Bosch, inaugurated two new plants in China last week to meet the growing demand for key components in the new energy vehicle sector, underscoring its commitment to investment and optimism about prospects in the country.…

Nation’s EV makers dominate in Paris

Members of the public inspect Leapmotor’s T03 on display at the 2024 Paris Motor Show on Oct 14. [Photo/Xinhua] Chinese automakers took center stage at the Paris Motor Show with their cutting-edge new energy vehicles, showcasing their determination to venture into European markets despite the possible imposition of hefty tariffs on China-made electric vehicles. The…

As landmark Fiat stalls, Italy’s Turin struggles to avoid decline

People pass next a closed part of the Franco-Italian automaker Stellantis factory of Mirafiori, in Turin, Italy October 16, 2024. [Photo/Agencies] Located at the foot of the Alps in north-west Italy, Turin is where Fiat, now part of multinational Stellantis, was co-founded by the Agnelli family 125 years ago. Now it is grappling with the…

Chinese firms deepen integration into intelligent connected vehicle industry chain

This photo taken on Oct 17, 2024 shows new energy vehicle model SU7 produced by Chinese tech firm Xiaomi displayed during the 2024 World Intelligent Connected Vehicles Conference in Beijing. [Photo/Xinhua] BEIJING – The SU7 series, Chinese tech firm Xiaomi’s first self-developed new energy vehicle (NEV) model, has attracted considerable attention at the just concluded…

Pony.ai files for IPO in US

Driverless cars of Pony.ai are displayed at an expo in Shanghai on July 10, 2021. [Photo/VCG] Toyota-backed Pony.ai, an autonomous driving startup, filed on Friday for an initial public offering in the United States. It has applied to list on the Nasdaq stock exchange under the ticker symbol “PONY”. Goldman Sachs, BofA Securities, Deutsche Bank,…

CIG, EV makers team up to extend footprint in Africa

The SAIC Anji cargo ship exports vehicles from Yantai Port in Shandong province. [TANG KE/FOR CHINA DAILY] Trading firm Choice International (CIG) is ramping up efforts to take more Chinese new energy vehicles to overseas markets, with the latest achievement being a series of strategic cooperation agreements signed with Nigeria covering electric vehicle shipments. According…

China’s self-driving cars nearing ‘true road readiness’

A journalist takes a photo while riding in an autonomous vehicle in Chongqing in October. [Photo/Xinhua] On Friday, China’s top industry regulator said that China’s self-driving cars are nearing true road readiness with some testing plans approved qualified for the official rollout. Guo Shougang, deputy director of the equipment industry department at the Ministry of…

BMW highlights EVs at Paris motor show

The BMW Vision Neue Klasse and the BMW Vision Neue Klasse X are making their first joint public appearance at the 2024 Paris Motor Show. [Photo provided to chinadaily.com.cn] The BMW Group is showcasing over 15 electric models bearing its BMW and MINI logos at the Paris Motor Show, which represents the German premium carmaker’s…