Avatr Chief Design Officer Nader Faghihzadeh explains the details of the limited 012 co-created with former Dior and Fendi artistic director Kim Jones on March 25, 2025. [Photo provided to chinadaily.com.cn] Chinese carmakers have long dreamed of building globally recognized premium brands, and now the goal is within reach as their cutting-edge EVs are captivating…
Car bodies are seen at the plant of Seres in Chongqing city in Southwest China. [Photo provided to chinadaily.com.cn] Chinese automaker Seres achieved revenue of 145.18 billion yuan ($19.98 billion) in 2024, marking a staggering 305.04 percent rise year-on-year, according to its financial results released late on Monday. Its net profit attribuated to shareholders stood…
Sean Green, president and CEO of BMW Group Region China, speaks at the company’s innovation day on March 26. [Photo provided to China Daily] BMW is renewing its image with an aura of tech, yet the German carmaker has remained true to its tenet of driving pleasure. At the BMW China Innovation Day last week,…
The “Land Aircraft Carrier,” the flying car developed by Chinese electric vehicle maker XPENG, completes its first public flight at the 15th China International Aviation and Aerospace Exhibition, also known as Airshow China, on Nov 12, 2024. [Photo/XPENG] CHANGSHA – The “Land Aircraft Carrier,” a flying car developed by Chinese electric vehicle maker XPENG, completed…
A man views a Chinese car at a car dealership in Cairo, Egypt, Mar 28, 2025. [Photo/Xinhua] CAIRO – Cruising through the bustling streets of Cairo in his sleek red Chinese-made sedan, Omar Mohamed exemplifies a growing trend in Egypt’s automotive market — the surging popularity of Chinese cars. “I didn’t hesitate to buy a…
SHENZHEN – China’s leading new energy vehicle (NEV) manufacturer BYD Company Limited has reported robust profit growth in 2024, driven by booming car sales. BYD’s net profit attributable to its shareholders grew 34 percent year-on-year to 40.25 billion yuan ($5.6 billion) last year, the company said in its annual report filed to the Shenzhen Stock…
A logo of Chery. [Photo/VCG] PRAGUE – Chinese automaker Chery has officially launched four new models of its OMODA 5 and JAECOO 7 in the Czech market. Attending the launch event Wednesday in the Czech capital were more than 700 people including officials, representatives of trade associations, automobile dealers and Chery’s business partners. Calling sustainable…
A woman in Nanchang, Jiangxi province, learns about the features of a new energy vehicle at a BYD dealership with the help of a saleswoman. BAO GANSHENG/FOR CHINA DAILY China’s push to encourage the automotive industry is taking shape through measures including the expansion of trade-in policies, strengthening the used car market and easing purchasing…
BMW announces its deal with Alibaba for its AI large language model on March 26, 2025. [Photo provided to chinadaily.com.cn] BMW is accelerating the integration of artificial intelligence in its technology and products, announcing a deepened strategic partnership on Wednesday with Alibaba Group to bring AI-powered large language models to its vehicles in China. Built…
Consumers select new energy vehicles in a BYD 4S store on March 11 in Qinhuangdao, Hebei province. CAO JIANXIONG/FOR CHINA DAILY Chinese new energy vehicle maker BYD saw its 2024 total revenue rise over 29 percent year-on-year to 777.1 billion yuan ($107 billion), outperforming Tesla for the first time. That brought its net profit attributable…