Autos

China Expected to Sell More Than 700,000 NEVs This Year, MOST Official Says

China Expected to Sell More Than 700,000 NEVs This Year, MOST Official Says

China’s new energy vehicle (NEV) sales are expected to surpass 700,000 this year, with 490,000 already sold as of the…

Nov 24, 2017
Dou Shicong
NEVs in China Were Involved in 29 Safety Incidents Last Year, TUV Rheinland Says

NEVs in China Were Involved in 29 Safety Incidents Last Year, TUV Rheinland Says

China’s new-energy vehicles were involved in 29 safety incidents last year, with spontaneous combustion and component failure being the most common problem, according to a report from TUV Rheinland.

Nov 24, 2017
Sun Qi & Wang Yuanli
Chinese Auto Parts Producer Plans to Acquire American Wireless EV Charging Company Evatran Group

Chinese Auto Parts Producer Plans to Acquire American Wireless EV Charging Company Evatran Group

Chinese auto parts producer Zhejiang Vie Science & Technology Co. [SHE:002590] intends to buy the business and assets of American wireless electric vehicle charging technology firm Evatran Group Inc.

Nov 23, 2017
Dou Shicong
Weichai Power, Bosch to Jointly Develop Hydrogen Fuel Cells

Weichai Power, Bosch to Jointly Develop Hydrogen Fuel Cells

Shandong-based auto parts manufacturer Weichai Power Co. [SHE:000338, HKG:2338], and German machinery giant Robert Bosch GmbH will jointly develop hydrogen…

Nov 22, 2017
Dou Shicong
Volvo Cars Signs Deal to Sell Tens of Thousands of Autonomous Driving Compatible Vehicles to Uber

Volvo Cars Signs Deal to Sell Tens of Thousands of Autonomous Driving Compatible Vehicles to Uber

Automobile manufacturer Volvo Cars said that it has signed a cooperation framework agreement with the car sharing platform operator Uber…

Nov 22, 2017
Zhang Xia
Mazda’s China Joint Venture Recalls Over 200,000 Vehicles With Defective Breaking System

Mazda’s China Joint Venture Recalls Over 200,000 Vehicles With Defective Breaking System

Mazda Motor Corp.’s Chinese joint venture, China FAW Group Corp., is recalling 206,570 Mazda 6 cars in China due to a faulty braking system.

Nov 22, 2017
Tang Shihua
BAIC Mobility to Roll Out 11,000 Shared Cars Across China by Year-End

BAIC Mobility to Roll Out 11,000 Shared Cars Across China by Year-End

BAIC Mobility Co. plans to roll out roughly 11,000 shared cars in 10 cities across China by the end of…

Nov 22, 2017
Xu Wei
Tinci Materials to Invest USD25 Million in Lithium Cell Electrolyte Project in Anhui Province

Tinci Materials to Invest USD25 Million in Lithium Cell Electrolyte Project in Anhui Province

Guangzhou Tinci Materials Technology Co. [SHE:002709] will invest more than CNY164 million (USD24.7 million) to develop a lithium cell electrolyte…

Nov 21, 2017
Tang Shihua
Faw Car Plans to Sell More Red Flag Car Assets to Its Parent Company for USD43.56 Million

Faw Car Plans to Sell More Red Flag Car Assets to Its Parent Company for USD43.56 Million

Faw Car Co. [SHE:000800] said that it plans to sell Red Flag Car component building and processing assets to its…

Nov 21, 2017
Liao Shumin
Faw Xiali Suffers Setbacks in Share Sale, Sets Up Passenger Vehicle Powertrain Branch in Tianjin

Faw Xiali Suffers Setbacks in Share Sale, Sets Up Passenger Vehicle Powertrain Branch in Tianjin

Tianjin Faw Xiali Automobile Co. [SHE:000927] has shelved its plan for transfer share as the deadline for public tender offer…

Nov 21, 2017
Yu Liyan
China’s Battery Electric Vehicle Output Is Still Sky High, Grew Almost Eight-Fold in October

China’s Battery Electric Vehicle Output Is Still Sky High, Grew Almost Eight-Fold in October

China’s electric vehicle market has continued to pick up recently, witnessing annual growth of 680 percent in EV output last month, Chinese auto news outlet CV World reported yesterday.

Nov 21, 2017
Zhang Xia
Changan Auto Will Focus Investment on Sedans Next Year as It Looks to Boost Sales

Changan Auto Will Focus Investment on Sedans Next Year as It Looks to Boost Sales

Chongqing Changan Automobile Co. [SHE:000625], one of the ‘big four’ Chinese vehicle makers, will shift its focus toward smaller cars…

Nov 21, 2017
Yu Liyan

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