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China's auto exports surge 110 pct y-o-y in Q1 amid efforts on localization of Chinese brands in overseas markets
China's auto sector has achieved a "multi-fold" growth in exports in the first quarter of the year. In the first quarter of this year, China exported 994,000 vehicles, a year on year increase of 70.6 percent, with exports of NEV reaching 248,000 units, surging 110 percent year on year.
April19,2023
Tesla's Shanghai Gigafactory eyes 90 pct localization rate in 2021
U.S. car manufacturer Tesla is expected to achieve a localization rate of about 90 percent in its Shanghai Gigafactory by the end of this year, according to an official with the China (Shanghai) Pilot Free Trade Zone (FTZ).
August18,2021
China's Zoomlion stresses localization during internationalization, says CEO
China's Zoomlion Heavy Industry Science & Technology Co., Ltd, has stressed localization during the process of internationalization, Zhan Chunxin, CEO of Zoomlion, has told the press at the bauma 2019 construction machinery trade fair here.
April10,2019
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