An upgraded version of CATL's Shenxing battery will offer 520 kilometers (323 miles) of range after just five minutes of charging time. Rival BYD recently launched a system it says can charge a vehicle for 400 kilometers in about the same time.
Xpeng plans to localize production for the Indonesian market and set up an R&D center in Germany.
Volkswagen’s CARIZON, a joint venture between its software subsidiary Cariad and China’s Horizon Robotics, has developed the carmaker’s first in-house automated driving system.
In nurturing some formidable automakers, China has became a power hub of R&D, planning, sourcing and production across the auto industry, while playing a central role in the geopolitics and trade wars unfolding today.
In litigation that appears headed for settlement, a GM supplier of exterior trim products sued a Chinese parts maker for refusing to ship until the buyer agreed to pay tariff costs.
Ford’s China business, including exports from the country, made $900 million in earnings before interest and taxes last year.
A first European factory site could be announced by this summer, sources said. Capacity could be 100,000 annually, with a second factory to come later.
Net income tallied 14 billion yuan and revenue grew just over 6 percent to 84.7 billion yuan in the latest quarter. CATL’s scale allows it to spread costs out and deliver greater efficiencies.
Polestar CEO Michael Lohscheller said the automaker, which is part of billionaire Li Shufu’s auto empire, has decided on a different setup in the world’s largest auto market.
Wholesale light vehicles shipped domestically advanced 14 percent to 2.06 million last month while light-vehicle exports dipped 3.2 percent to some 410,000, the China Association of Automobile Manufacturers said.
The Nautilus crossover, Lincoln's bestseller in the U.S. last year, faces steep tariffs as part of President Donald Trump's levies on China imports.
Tesla stopped taking orders in China for Model S sedans and Model X crossovers — both of which are imported from the U.S. — after the countries raised tariffs amid a trade war.
An agreement on minimum prices for Chinese EVs exported to Europe would end a dispute just as President Donald Trump has embarked on a trade war with some of the United States' closest trading partners.
Global sales fell 1.4 percent, but EV sales were up 32 percent through March.
Magna, one of the world's biggest auto parts suppliers, started operations in China in 1996 and now oversees more than 60 plants in the country, with the number of local employees topping 30,000.
China’s automobile exports to Russia fell by nearly half to 57,592 vehicles in January and February, trailing Mexico, which received 85,997 and the United Arab Emirates at 71,418, China Passenger Car Association data show.
VW, BMW and Mercedes will unveil EVs and concept cars in an effort to recapture relevance in the world’s largest and most volatile auto market.
March retail sales of electrified vehicles including full-electric, plug-in hybrid and range-extended models reached 991,000 in China, an increase of 38 percent from a year earlier.
The China Passenger Car Association already warned in January that export growth would cool to 10 percent this year from 25 percent in 2024 when China was the world’s top exporter for a second year running.
China's shift to cleaner cars, one that will arguably be more comprehensive than other changes in the auto industry, is producing winners and losers, not just geographically, but among companies and occupations.
Taiwanese electronics giant Foxconn is leaping into the global auto industry amid swirling speculation it will partner with Nissan, Honda or Mitsubishi, or even a combination of all three.
U.S. auto exports to China have dropped three consecutive years, and fell 13 percent to 109,356 in 2024, according to the China Automobile Dealers Association.
President Donald Trump said he will impose an additional 50 percent tariff on China unless Beijing withdraws its retaliatory tariffs on the United States.
Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio’s power unit, which runs more than 3,000 battery swapping stations in China.
Denza will be the Chinese automaker's tech forerunner in Europe with advanced equipment that will later appear on BYD brand cars.
U.S. tech heavyweights, banks and oil majors extended losses on April 4 after Beijing retaliated with additional duties of 34 percent on U.S. goods
The two companies also plan to cooperate in developing autonomous driving technology as well as electric and electronic hardware and software for vehicles.
First-quarter sales of new-energy vehicles including full electric models and plug-in hybrids at GM's two joint ventures increased 53 percent from a year earlier, GM China said.
New-vehicle sales at Geely Automobile Holdings, China’s second-largest private carmaker after BYD, jumped 54 percent to 232,177 in March.
March was the first month China's Leapmotor, partly owned by Stellantis, became the top-seller among the country's EV startups.
Tesla Inc.’s deliveries from its Shanghai factory fell for the sixth straight month, extending a global sales decline.
