Min Zhaoyuan, CEO of CMVR, speaks in an interview with China Daily on Sept 5, 2025. [Photo provided to chinadaily.com.cn] China Merchants Testing Vehicle Technology Research Institute, the automotive technology arm of State-owned China Merchants Group, is positioning itself as a central hub for testing, innovation, and global outreach as China’s car industry accelerates both domestically…
The logo of Momenta is seen in Suzhou, Jiangsu province, in 2023. [Photo/VCG] Uber, the world’s largest mobility platform, and Chinese autonomous driving company Momenta have selected Munich as the launch city for their joint Robotaxi project, with commercial operations slated to begin in 2026. Following the launch, local residents will be able to summon…
China is revving up the used-car export market, which saw over 400,000 units being shipped to more than 160 countries and regions in Southeast Asia, the Middle East, Latin America and Europe last year, becoming a new engine for automotive consumption and industrial upgrading. Speaking on Aug 22 at the Used-Car Export Ecosystem Summit 2025…
Models are on display in an XPeng store in a Shanghai shopping mall in April. WANG GANG/FOR CHINA DAILY China’s new energy vehicle startups notched record sales in August, underscoring how new models, lower prices and growing acceptance of smart car features are reshaping the world’s largest auto market. Leapmotor delivered 57,066 vehicles last month, up…
BMW debuts the iX3, the first production model of its Neue Klasse, on Sept 5. CHINA DAILY BMW AG debuted the first production model of its “Neue Klasse “line, the electric iX3, on Friday, adding that the China-made version will be unveiled later this year. The Neue Klasse models are widely believed by company executives and…
A logo of Polestar is pictured on a car at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, April 25, 2024. [Photo/Agencies] Swedish electric vehicle maker Polestar reported a wider loss for the second quarter after tariffs and intensifying price pressure led to an impairment charge on its Polestar 3, sending its…
MUNICH – German automaker BMW unveiled the iX3, the first model of its Neue Klasse line-up, in Munich on Thursday. The company said the vehicle was developed with Chinese technology partners in areas including batteries, artificial intelligence and autonomous driving. The iX3, scheduled for production in 2026, marks the start of BMW’s plan to launch…
Visitors examine an ET9 at Nio’s booth at the Shanghai auto show in April 2025. [Photo by Li Fusheng/chinadaily.com.cn] Nio reported narrowing losses in the second quarter and raised its outlook for deliveries and revenue in coming months on Tuesday, betting on strong demand for new models under its multi-brand strategy as it aims to…
Visitors check out Xpeng vehicles on display at a shopping mall in Luoyang, Henan province, on July 13. ZHANG YIXI/FOR CHINA DAILY China’s new energy vehicle manufacturers reported strong delivery growth in August, with several brands hitting new records, according to figures released by automakers. Among all the major players, Leapmotor once again led the pack,…
Two Leapmotor vehicles are seen on the opening day of the Chengdu Motor Show on August 29, 2025. [Photo provided to chinadaily.com.cn] Leapmotor delivered 57,066 vehicles in August, up 88 percent from a year earlier and the highest monthly total in its history, the Chinese carmaker said on Monday. It was the sixth straight month…