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  • Chinese electric car brands set sights on Europe

    Chinese auto makers have set their sights on the European electric car market, with one third of companies exhibiting at the Automobile Barcelona show this week coming from China.


  • Interview: Chinese carmakers gather steam as innovation thrives, expert says

    Three Chinese auto brands were among the top 10 most "future-ready" carmakers, reflecting a rise of Chinese players as the industry pivots toward new capabilities, such as chipset design and software, an expert said here Tuesday.


  • Economic Watch: Foreign capital spurs new vitality in China's auto industry cradle

    Robot couriers shuttle inside a German production workshop in northeast China's Jilin Province, where only a few workers operate a bustling production line churning out e-mobility products.


  • China's auto industry sees steady M&A progress in 2022: PwC

    China's auto sector continued to catch capital's attention in 2022, with the merger and acquisition (M&A) amount exceeding 371.4 billion yuan and 666 M&A transactions made, up 1 percent and 22 percent from 2021, respectively, reported China Securities Journal Thursday quoting a report by global auditing and consultancy firm PwC.


  • China's production, sales of NEVs to maintain rapid growth in 2023: MIIT

    China's production and sales of new energy vehicles (NEVs) is likely to maintain a rapid growth in 2023, according to a projection made public by the Ministry of Industry and Information Technology (MIIT) on Wednesday.


  • GLOBALink | Booming auto industry in China's Changchun attracts German companies

    ​Despite the COVID-19 pandemic, many German companies are tapping into the Chinese market, and foresee long-term success, given China's promising economic prospects and sound business environment.


  • German auto industry confidence improves, outlook uncertain

    German automakers' sentiment turned positive at the end of 2022, but the overall business situation was strained for both manufacturers and suppliers, and expectations for the coming months remain cautious, survey results from the ifo Institute showed.


  • Foreign auto firms see rising investment in China, bullish on Chinese market

    As one of the most dynamic and promising mobility markets in the world, China, in both terms of sales and production, is attractive to foreign auto companies to further increase long-term investment, which helps the country's auto industry to better interact with the world, promoting high-quality development of the sector.


  • Carmakers continue to post record profits

    The world's largest automakers are continuing to post record profits, according to a study by consulting firm EY.


  • Economic Watch: China's major auto cluster in high gear on road to economic recovery

    Located in southeast Shanghai, U.S. carmaker Tesla's Shanghai Gigafactory is bustling with production activity as it has returned to full production capacity by early June following a disruption due to COVID-19 resurgence.


  • Digitalization empowers China's auto industry with more opportunities

    Digitalization has provided China's automobile industry with more opportunities to strengthen its resilience, battle risks, and identify growth potential.


  • China's auto industry logs rapid investment growth in Jan.-May

    Fixed-asset investment in China's automobile manufacturing sector logged double-digit growth in the first five months of the year, according to the China Association of Automobile Manufacturers.


  • China pledges stronger support for foreign auto firms: official

    China will tend to the needs of foreign firms in the auto industry and help tackle their difficulties in a timely manner, according to Vice Commerce Minister Wang Shouwen.


  • China remains Audi's biggest single market in 2021: annual report

    German automaker Audi recently released its annual report, which indicates that China remains its biggest single market and its business in China has contributed 1.14 billion euros (about 1.26 billion U.S. dollars) in fiscal year 2021, reported Shanghai Securities News on March 18.


  • China accelerates drafting green development roadmap for auto industry

    China will draw up a green development roadmap for the auto industry to reach its carbon peak and neutrality goals, reported Shanghai Securities News Wednesday.


  • China's Gotion (002074.SZ) signs 200 GWh battery agreement with U.S. auto giant

    Chinese battery cell manufacturer Gotion High-tech Co., Ltd. (002074.SZ) announced on late Monday that its overseas wholly-owned company Gotion Inc. and a U.S. auto giant have concluded an auto battery supply agreement.


  • CAAM: auto sales in China expected to stand at 27.5 mln units in 2022

    Total sales volume of vehicles in China is expected to be 27.5 million units in 2022, up 5.4 percent year on year, according to the China Association of Automobile Manufacturers(CAAM) on Friday.


  • China to further promote integration of NEVs with energy, transport fields, MIIT official

    China's Ministry of Industry and Information Technology (MIIT) will team up with other departments to further promote in-depth integration of the new energy vehicles (NEVs) with the fields such as energy, transport, information and communications, according to Xin Guobin, vice minister of MIIT, on Thursday.


  • Fast dev. of IoV industry in China boosts investment opportunities

    China has built a national-level innovation center for the Internet of Vehicles (IoV) and four national-level IoV pilot areas, showing rapid development of the ICV industry, according to Fan Shujian, an official of the Ministry of Industry and Information Technology (MIIT) at the recent 2021 China Internet Conference.


  • China's auto industry efforts on a "green chain" towards carbon neutrality goal

    With China's ongoing efforts towards the goal of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, domestic auto industry also accelerates transformation towards greener and more sustainable development.


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