Industry News

Chinese TV giant Skyworth aims to be one of world's top 10 EV makers

In terms of market capitalization, Tesla is number one, BYD is number two, and several new carmakers are in the top 10, Skyworth founder noted, adding that the growth of Chinese electric car companies is unstoppable.

Smartphone giant OPPO said to be preparing to jump on car-making bandwagon

After Xiaomi, smartphone giant OPPO is also preparing to enter the car-making bandwagon, the latest report shows.

Why are Chinese tech firms joining car-making bandwagon one after another?

In today's China, it's no longer surprising to see tech giants announcing their entry into the car-building industry.

Next Beijing auto show to be held on April 21-30, 2022

Auto China has been held every two years in Beijing since 1990, and has been held for 16 editions so far.

Appliance giant Skyworth announces entry into car-making

Following rumors earlier this month, Chinese appliance giant Skyworth officially announced Tuesday that it is entering the car-making world.

Volkswagen begins construction of third EV plant in China

Volkswagen China said Tuesday it has started construction of its third electric vehicle plant in China, with the first model due to start production in the second half of 2023.

China's auto manufacturing profit up 8.43 times year-on-year in January-March

In the January-March period, the operating revenue of China's auto manufacturing industry rose 71.5 percent year-on-year to RMB 2.12 trillion.

Tencent says it won't jump on car-making bandwagon

BAT is the acronym for the most familiar combination of technology giants in China, where B is Baidu, A is Alibaba and T is Tencent. Baidu has already entered the car industry, while Alibaba is working with SAIC to build IM Motors, and people wonder, what about Tencent?

Great Wall Motor becomes latest carmaker hit by chip shortage

Great Wall Motor admitted that its chip supply is tight and production at its plants has been affected to some extent, but denied that production at its two production sites has been halted.

Jidu Auto plans to expand its team to up to 3,000 people by end of next year

Jidu Auto, the car-making unit of Chinese search engine and AI giant Baidu, plans to expand its team size to 2,500-3,000 people by the end of next year, including 400-500 software engineers.
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