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.…
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…
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…
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…
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,…
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…
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…
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…
China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [Photo/Xinhua] China is studying measures to raise import tariffs on large-displacement fuel vehicles, and will make a cautious decision after considering all factors comprehensively, the Ministry of Commerce said on Thursday. This move follows the European Commission’s recent announcement of plans to impose…
BMW will start mass production in China of cars with vehicle-to-everything technology from 2025, said a senior R&D executive on Thursday. “China is the fertile ground for the development of intelligent connected vehicles,” said Robert Kahlenberg, senior vice-president of BMW Research & Development China, at the ongoing 2024 World Intelligent Connected Vehicles Conference. He said…