Autos

BYD, Daimler to Make Capital Increase in China NEV Joint Venture to Cover Provincial Capitals

BYD, Daimler to Make Capital Increase in China NEV Joint Venture to Cover Provincial Capitals

BYD, Daimler to Make Capital Increase in China NEV Joint Venture to Cover Provincial Capitals

May 29, 2018
Tang Shihua
China's Cfmoto to Buy Into Austrian Moto-Maker KTM for Foothold in Europe

China's Cfmoto to Buy Into Austrian Moto-Maker KTM for Foothold in Europe

China's motorcycle-maker Cfmoto Power plans to invest in Austrian automaker KTM Industries to strengthen its international market presence and enhance its brand influence overseas.

May 29, 2018
Tang Shihua
WM Motor Taps Commercial Lenders for Auto Finance Expansion

WM Motor Taps Commercial Lenders for Auto Finance Expansion

Chinese electric vehicle startup WM Motor Technology Co. has entered a strategic partnership with two Chinese commercial lenders, China Citic Bank Ltd. and…

May 28, 2018
Dou Shicong
Baidu, Pand Auto Test China’s First Shared Driverless Cars

Baidu, Pand Auto Test China’s First Shared Driverless Cars

Baidu Inc., hailed as China’s Google, has teamed up with auto rental platform Pand Auto in Chongqing to debut the country’s first pilot project for shared driverless cars.

May 28, 2018
Tang Shihua
Changan Opens First Store in Russia

Changan Opens First Store in Russia

State-owned carmaker Chongqing Changan Automobile Co. has opened its first store in Moscow as it looks to ramp up expansion plans in the world’s biggest country.

May 28, 2018
Dou Shicong
BYD to Build World's First Cross-Sea Unmanned Monorail in Brazil

BYD to Build World's First Cross-Sea Unmanned Monorail in Brazil

China’s BYD Co. has won a BRL2.5 billion (USD689 million order) in Brazil to build the world’s first cross-sea autonomous monorail system, making a significant step in efforts to expand overseas.

May 25, 2018
Li Suwan
Geely Aims to Expand NEV Presence in Chengdu With Two New Bases

Geely Aims to Expand NEV Presence in Chengdu With Two New Bases

Chinese automaker Geely Automobile Holdings Ltd. has agreed with Chengdu municipal government to build two bases for its new energy…

May 25, 2018
Liao Shumin
Ford to Recall Over 1,000 F-150 Raptor Vehicles in China Over Shift Cable Problem

Ford to Recall Over 1,000 F-150 Raptor Vehicles in China Over Shift Cable Problem

Ford to Recall Over 1,000 F-150 Raptor Vehicles in China Over Shift Cable Problem.

May 25, 2018
Liao Shumin
Tesla Sales Surge in Shanghai After It Cuts Prices Ahead of New Tariffs

Tesla Sales Surge in Shanghai After It Cuts Prices Ahead of New Tariffs

Tesla Sales Surge in Shanghai After It Cuts Prices Ahead of New Tariffs. A Tesla Inc. dealership in Shanghai sold…

May 24, 2018
Tang Shihua
Tesla Deal Triggers Bond Sale to Pay for Zhongding Unit’s Expansion

Tesla Deal Triggers Bond Sale to Pay for Zhongding Unit’s Expansion

A US unit of China’s Zhongding Sealing Parts Co. plans to raise CNY1.5 billion (USD235 million) in a bond issue to fund an expansion in production after Tesla Inc. named the company as a supplier.

May 24, 2018
Tang Shihua
China’s Tieliu Clutch Gears Up to Enter NEV Market With German Acquisition

China’s Tieliu Clutch Gears Up to Enter NEV Market With German Acquisition

Chinese transmission maker Tieliu Clutch Co. plans to acquire German metal-working firm Geiger Fertigungstechnologie GmbH to expand production with a view to…

May 24, 2018
Tang Shihua
Mahathir Says Malaysia Does Not Plan to Buy Back Geely’s Proton Stake

Mahathir Says Malaysia Does Not Plan to Buy Back Geely’s Proton Stake

Malaysia’s new government does not plan to buy back a stake in Proton Holdings Bhd, one of the country’s leading…

May 24, 2018
Xu Wei

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