Industry News

Guangdong offers subsidies of up to $1,550 to encourage local residents to buy new cars

In an effort to boost local car consumption southern China's Guangdong province has launched a new incentive.

Evergrande Auto unveils automated parking system

Automated parking, an important feature of smart cars, is important to every electric vehicle (EV) company. The EV company owned by China's largest real estate developer Evergrande Group has become the latest car company to release such a system.

Chery to release production version of its concept electric SUV in September

The Big Ant X will have a starting price of around RMB 160,000 ($24,750).

US has fallen behind China, Europe in EV production, report says

Sales of electric vehicles (EV) are rising as public acceptance continues to grow. Yet for US producers, they appear to be slow to act.

Beijing's new rules, set to take effect on July 1, expected to improve EV charging experience

Charging spaces being taken up by fuel vehicles is a problem that bothers many EV owners. With a new regulation coming into effect in Beijing, this problem is expected to be alleviated in the city.

Great Wall Motor unveils battery that prevents fires, opens patent for free

The potential for battery fires and explosions is one of the major reasons preventing many people from buying electric vehicles, and now Great Wall Motor's new technology, if applied on a large scale, will hopefully alleviate this concern.

Geely gets patent for wireless charging for cars

Zhejiang-based automotive giant Geely recently disclosed a new patent that enables wireless charging of vehicles.

Dongfeng Motor's premium EV brand Voyah is attracting talent with super high salaries

Voyah has posted several positions with annual salaries exceeding RMB 600,000 ($92,881). By comparison, the average annual salary in Beijing in 2020 was RMB 77,560, official data showed.

Higher oil prices seen as boon to new energy vehicle industry

While attention is focused on China's fast-growing new energy vehicle industry, an unnoticed phenomenon is providing a new boost to the industry's growth - international oil prices have reached a nearly three-year high level.

Baidu's carmaking arm Jidu hires former Cadillac designer

Jidu Auto, the carmaking arm of Chinese search engine and AI giant Baidu, has hired former Cadillac executive Frank Wu to lead its design studio.
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