SHANGHAI — Global automakers will be flexing their muscle in China’s electric vehicle market in the next few years. And the auto show in Beijing will give Chinese consumers a glimpse of what’s coming. China has seen a swarm of local EV startups as the government encouraged zero-emission transportation. But those companies mostly have been…

Automotive finance penetration surged to 48% or so in China in 2018 and around 52% in 2019, yet still below the global 70%, and expectedly rising to 71% in 2026 with policy incentives and a change in consumption structure. New York, Sept. 08, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “China…

Volkswagen Group plans to roll out its first fleet of self-driving test cars in Hefei, an eastern Chinese city that’s emerging as a hot spot for the nation’s electric vehicle ambitions. Ten Audi e-trons, VW’s premium electric crossover model, will be deployed in the city’s Haiheng district in a community that’s home to about 400,000…

China is growing as a profit center for Tesla, and the country reported a rebound in car sales in July on Tuesday. It’s good news for the world’s largest auto market, and potentially even better news for Tesla. However, electric vehicles are still under pressure following the cutting of a government subsidy for buyers. Car…

China’s latest policies on recycling scrapped motor vehicles are to take effect from September, according to the Ministry of Commerce, and they are expected to help create a market worth a 100 billion yuan ($14.39 billion) to the sustainable development of the automobile industry. The policies will help to increase China’s recycling and dismantling capability…

SHANGHAI — Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate a push to become China’s first global auto giant. The yet-to-be-finalized plans for Proton are just one strand of a Geely…

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