Saturday, 22 February 2025

Focus on China Association of Automobile Manufacturers

FILE - A live streamer works near the Volvo EX30 fully electric small SUV unveiled during Auto China 2024 in Beijing, Thursday, April 25, 2024. (AP Photo/Ng Han Guan, File)
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsReports

China’s electric car sales grow in 2024, as sales of gasoline cars plunge

China's EV sales surged 40 per cent in 2024, while gas-powered car sales plunged 17 per cent, reshaping the world's largest auto market.

FILE PHOTO: People walk near a Baidu logo at the company headquarters in Beijing, China April 23, 2021. REUTERS/Florence Lo/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Baidu, Geely’s EV venture faces uproar after it says needs fresh funds

A bruising price war in China, the world's largest auto market, has hurt some smaller automakers.

FILE PHOTO: A Mercedes Benz E300 is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say

Mercedes-Benz taps China's Momenta for ADAS tech, with $75M investment, aiming to regain market share in China by 2025.

An image featuring the BYD logo with silhouettes of people in the background.
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

Chinese EV giant BYD beats Tesla in quarterly revenue for first time

China's BYD reported surging sales, surpassing Tesla in quarterly revenue for the first time as it expands into overseas markets.

FILE PHOTO: Visitors look at BYD's Fangchengbao Super 9 electric convertible concept vehicle displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s BYD to use Huawei’s self-driving system in off-road EVs

Upscale Fangchengbao brand from BYD to use self-driving tech developed by Huawei as Chinese manufacturers band together in face of tough pressures.

FILE PHOTO: Electric vehicle (EV) models are displayed at the booths of Denza, a joint venture between Mercedes-Benz Group AG and BYD Auto, and Chinese EV maker Voyah, at a shopping mall in Beijing, China November 3, 2023. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsPoliticsTradeTransport

China auto body says EU draft on tariffs for Chinese EVs brings ‘risks’

Chinese carmakers oppose European Commission's draft policy to impose 36% EU tariff on EVs from China.

FILE -New cars wait for transportation near a Sallaum Lines ro-ro ship seen by the dock in Yantai in east China's Shandong province on Tuesday, Aug. 6, 2024. (Chinatopix via AP, File)
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNewsPoliticsTradeTransport

China auto sales fall in July, while exports jump about 20% as automakers expand across the globe

Auto sales in China slipped 5% from a year earlier, although exports jumped 20% as makers of electric vehicles expanded into global markets

FILE PHOTO: Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, China, July 12, 2016. REUTERS/Jason Lee//File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsTrade

China autos group ‘strongly dissatisfied’ with EU anti-subsidy tariffs

The China Association of Automobile Manufacturers (CAAM) is "strongly dissatisfied" with anti-subsidy tariffs proposed by the European Union.

FILE PHOTO: The Toyota logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Toyota to launch first EV with advanced self driving system for China in 2025

Toyota is planning to launch its first EV equipped with an advanced autonomous driving system for the Chinese market next year.

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