Shenyang, Liaoning province, has provided a sound environment for foreign investment and foreign firms are confident about the city’s prospects, said Jan Block, senior manager at aerospace and automotive firm Otto Fuchs Technology (Shenyang) Co Ltd, during a recent cooperation event in Munich, Germany. With his company having been in Shenyang for years, Block said…
Neta employees celebrate as the startup’s 400,000th vehicle rolls off the assembly line in Zhejiang province in March 2024. [Photo provided to chinadaily.com.cn] Chinese new energy vehicle startup Neta has signed agreements with a Mexican bank, EV association and several dealership partners, signaling that the automaker is ready to enter the Mexican market, CEO Zhang…
China expressed its disappointment with the European Commission’s recent decisions regarding the EU’s anti-subsidy investigation into Chinese electric vehicles, stressing it will take all necessary measures to defend the interests of its businesses, as announced by the Ministry of Commerce on Friday. On Sept 12, a spokesperson for the European Commission stated that the price…
Jidu Auto launches the 07 sedan on Sept 10, 2024. [Photo provided to chinadaily.com.cn] Jidu Auto, a joint venture between Chinese tech giant Baidu and leading automaker Geely, launched its second model, the 07, on Wednesday, with a starting price of 199,000 yuan ($27,950). The electric car benefits from its parent companies’ resources and battery…
CowaRobot releases the Kylin series of autonomous driving sweepers. [Photo provided to chinadaily.com.cn] CowaRobot, a Chinese autonomous driving vehicle maker, has ramped up its innovations in the autonomous driving sector to boost its presence in the smart city service sectors. This month, the company released two new products: the Kylin series of autonomous driving sweepers…
Ouyang Minggao, an academician of the Chinese Academy of Sciences, speaks at the 2024 World Power Battery Conference in Yibin, Sichuan province, on Sept 1. [Photo provided to chinadaily.com.cn] China’s lithium-ion battery industry is expected to see its production exceed 1 billion kilowatt-hours this year, said Ouyang Minggao, an academician at the Chinese Academy of…
Scores of people attend the Chengdu Motor Show, which kicked off on Friday and ran through Sept 8 in Chengdu, Sichuan province. [Photo by Cao Yingying/China Daily] BEIJING — China’s new energy passenger vehicle market continued to see robust growth in August, with retail sales reaching 1.03 million units, industry association data showed on Monday.…
Apple iPhone 16 models are displayed following Apple’s “It’s Glowtime” event in Cupertino, California, Sept 9, 2024. [Photo/VCG] Apple released new products at the “It’s Glowtime” event in Cupertino, California on Monday. Apple iPhone 16 models and the latest version of Apple Watch models attracted people’s attention. Let’s take a look at the new products…
Yang Xueliang (left), senior vice-president of Geely Holding Group, explains features of a Zeekr 009 MPV in Harbin, Heilongjiang province, on Sept 6, 2024. [Photo provided to chinadaily.com.cn] Zeekr, the premium arm of Chinese carmaker Geely Holding Group, is to chauffeur participants at the 9th Asian Winter Games, which to be held in February 2025…
Vehicle makers in Europe could face fines of 15 billion euros ($17.4 billion) for carbon emissions as they are selling too few electric vehicles, Renault CEO Luca de Meo said on Saturday. Luca, who is also president of the European Automobile Manufacturers Association, made the remarks in an interview with France Inter radio. The EU’s…