Major foreign automakers are looking to Chinese companies for their expertise in smart electric vehicles as established giants are ramping up efforts to charge into the burgeoning sector. BMW announced recently that it will purchase newly developed round lithium-ion battery cells from Envision AESC, the battery-making arm of Chinese company Envision Group, for its EVs…

In September 2022, automobile enterprise exported 301,000 vehicles, with a month-on-month decrease of 2.6% and an increase of 73.9% year-on-year. From January to September 2022, the sales volume of automobile enterprises was 2.117 million units, with a year-on-year increase of 55.5%. In September 2022, there were 250,000 units passenger cars exported, with a decrease of…

Chinese carmakers are trying to make an impact in Europe, the birthplace of modern vehicles, as the global auto industry is shifting toward electricity. Great Wall Motors, China’s largest maker of pickups and sport utility vehicles, showcased three electric cars and two plug-in hybrid SUVs on Monday at the ongoing Paris auto show. Meng Xiangjun,…

China’s automobile sales rose 25.7 percent year-on-year to 2.61 million units in September, data from the China Association of Automobile Manufacturers showed. The country’s automobile production topped 2.67 million units last month, up 28.1 percent from the same period of 2021, according to the association. On a monthly basis, China’s auto output and sales went…

China’s automobile manufacturing industry posted positive revenue growth in the first eight months of this year, official data showed. The sector raked in some 5.7 trillion yuan (about $802.84 billion) during the January-August period, up 3.3 percent, according to the National Bureau of Statistics. In the first eight months of this year, the country’s automobile…

Chinese auto suppliers are becoming increasingly important as the industry is shifting towards electrification and connectivity, according to a report released on Thursday. A total of 14 Chinese companies made into the list of the world’s top 100 automotive suppliers in 2021. Of them, Weichai ranked No 4, the only Chinese company in the top…