Industry News
Volkswagen to stop fuel car production in Europe by 2035 at latest, but a little later in China
Volkswagen will stop producing fuel-fired vehicles "a little later" in the United States and China, and even longer in South Africa and Africa.
Deutsche Bank raises NEV sales forecast for China by 2025
The team raises their 2025E NEV forecast from 6.6m to 8.3m units, representing about 35% penetration.
Chinese power battery maker to build new factory in France
Chinese power battery maker Envision AESC will build a power battery factory in France with a total investment that may reach $2.9 billion, Bloomberg reported recently.
Great Wall Motor's premium EV brand to launch first product in 2022, targeting luxury segment
Great Wall Motor will launch the first product of the company's premium EV brand Saloon in 2022, positioning it as a luxury smart battery electric vehicle.
'Douyin Car' proves to be for car information, not for building cars
ByteDance, the owner of TikTok and its Chinese version Douyin, recently launched a logo called "Douyin Car" that sparked rumors that it might be involved in building cars.
World's second largest hydro plant starts generating power in Southwest China
It has a total installed capacity of 16 million kilowatts, second only to Three Gorges' 22.5 million kilowatts.
Dongfeng Motor turns its premium EV brand Voyah into separate company
Dongfeng Motor is the latest in a long line of traditional Chinese car companies to set up a separate company to run their electric vehicle business.
Renesas' fire-damaged plant restored to 100% capacity, expected to ease chip shortage fears
Good news for the global automotive industry hit by a global chip shortage.
Chinese self-driving startup Pony.ai mulls US IPO
"We're still debating and considering," said Peng, when asked about the time frame for a public share sale.
Geely drops plan to list on A-share STAR market
Geely said Friday it withdrew plans to list on China's Nasdaq-style sci-tech innovation board, also known as the STAR market, becoming the latest car company to do so after WM Motor.