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From electric cars to on-demand car service apps, companies like Uber, Google and Didi Dache are changing the way we get from place to place, and having a potentially irreversible effect on employment in this key sector.
US Tesla chief, who continues to respect Chinese makers of electric vehicles, not only met Premier Li Qiang but also came away with some good news.
Beijing accuses Brussels of protectionism over its threatened tariffs against imports of competitively priced quality cars, putting relations on an even rockier road.
Shenzhen carmaker is having the last laugh on Elon Musk as its global deliveries overtake those of US rival.
Guangzhou-based carmaker also aims to sell right-hand-drive models in Hong Kong, Thailand, Singapore and Malaysia, as an escalating price war in mainland China squeezes profit margins.
Expected granting of a licence follows CEO Elon Musk’s discussion with top Chinese officials last month, state-run newspaper China Daily reported.
The Austin-based senior vice-president had previously been based in China, heading the carmaker’s Asia-Pacific operations.
The company’s flagship EH216-S autonomous flying vehicle took off in Abu Dhabi, as part of a plan to launch commercial flights in the UAE.
Global EV sales are expected to accelerate from next year onwards and grow at a compound annual rate of 23 per cent up to the end of the decade, according to estimates by the French bank.
The fierce price war sweeping China’s EV market is likely to persist for years, with the impact to be felt by foreign carmakers which will see their market share shrink, Leapmotor co-president Michael Wu says.
StarCharge, which provides charging equipment for electric vehicles, is focusing on efforts to grow its presence in more profitable markets outside mainland China, chief strategy officer Evan Feng says.
The autonomous driving start-up plans to launch the L4-capable FlashBot in Shanghai this year, followed by other tier-one mainland cities. It is also seeking tie-ups in Hong Kong, Europe and North America.
‘Aqueous batteries with high energy density are possible, offering a development option for grid-scale energy storage, and even electric vehicles’: researchers.
General Motors, Ford and other carmakers, which struck deals last year to give customers access to the network, said they are not changing their plans.
Eight main districts in Hangzhou including downtown Gongshu and Shangcheng, as well as Tonglu county, will be open for self-driving vehicle tests from May 1.
Tesla CEO Elon Musk cancelled his meeting with India PM Modi last week, and instead went to China to make progress towards an advanced driver assistance package.
Jetour targets markets like Malaysia and Indonesia with right-hand drive models as globalisation drive accelerates.
The Warren Buffett-backed carmaker posted first-quarter net profit of 4.57 billion yuan (US$631 million), 47.3 per cent lower than the quarter ended December 2023.
The US carmaker has passed a test of its compliance with Beijing’s data security rules thanks to a watershed decision it says could pave the way for the removal of some restrictions on the use of its cars in mainland China.
Billionaire Elon Musk flew into Beijing on Sunday, meeting Premier Li Qiang and hoping to bring Tesla’s autonomous driving technology to China amid intensified competition with local electric vehicle makers.
China’s automotive sector braces for an escalating price war, and the intensified scramble for market share could hasten the closure of unprofitable laggards.
AeroHT, an affiliate of Chinese electric vehicle maker Xpeng, has started the countdown for the commercialisation of its flying car and plans to start taking pre-orders in the fourth quarter of this year.
The electric vehicle maker is expected to build a base in India given the country’s importance as a sales market, analysts say.
International marques are mounting a spirited fightback, focusing on reliability and safety, and providing a mixed bag of petrol and electric cars for a new generations of local customers.
Chinese electric vehicle start-up Xpeng said its partnership with AI chip supplier Nvidia has not been affected by tighter US trade sanctions, but it will keep its options open with local suppliers.
Nissan Motor unveiled four new electric vehicle models at the Beijing Auto Show and vowed to build more EV products ‘in China, for China’ in an attempt to recover lost sales.
Further discounts offered by carmakers in a price war in mainland China’s electric vehicle market could ensnare even the likes of top seller BYD, Goldman Sachs says.
The German carmaker, which saw its market share shrink in China last year, said it plans to launch 30 new electric cars on the mainland by 2030 as it vies to keep up with the rapid pace of electrification in the world’s largest vehicle market.
Tesla launch of ‘new models’ by early 2025 in an advanced timeline would use its current platforms and production lines
Chinese smartphone brand Xiaomi has declared initial victory in its foray into the crowded electric vehicle market, claiming more than 70,000 orders for its SU7 sedan in the first month.
Lawmakers hear 40 petrol stations have agreed to install 100 quick chargers by March next year.