News
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China’s electric vehicle exports surge amid EU tariff measures
Exports hit record high despite tariff threat Recent customs data shows a significant increase in electric vehicle (EV) exports from Chinese manufacturers to the European Union (EU). In September 2023, Chinese automobile brands exported 60,517 electric vehicles to the 27...Read more -
New energy vehicles: a growing trend in commercial transportation
The automotive industry is undergoing a major shift toward new energy vehicles, not just passenger cars but commercial vehicles as well. The Carry xiang X5 double-row pure electric mini truck recently launched by Chery Commercial Vehicles reflects this trend. Demand for ...Read more -
Honda launches world’s first new energy plant, paving the way for electrification
New Energy Factory Introduction On the morning of October 11, Honda broke ground on the Dongfeng Honda New Energy Factory and officially unveiled it, marking an important milestone in Honda's automotive industry. The factory is not only Honda's first new energy factory, ...Read more -
South Africa’s push for electric and hybrid vehicles: a step towards a green future
South African President Cyril Ramaphosa announced on October 17 that the government is considering launching a new initiative aimed at boosting the production of electric and hybrid vehicles in the country. incentives, a major step towards sustainable transportation. Spe...Read more -
Yangwang U9 to mark the milestone of BYD’s 9 millionth new energy vehicle rolling off the assembly line
BYD was founded in 1995 as a small company selling mobile phone batteries. It entered the automobile industry in 2003 and began to develop and produce traditional fuel vehicles. It began to develop new energy vehicles in 2006 and launched its first pure electric vehicle,...Read more -
Global new energy vehicle sales surge in August 2024: BYD leads the way
As a major development in the automotive industry, Clean Technica recently released its August 2024 global new energy vehicle (NEV) sales report. The figures show a strong growth trajectory, with global registrations reaching an impressive 1.5 million vehicles. A year-on...Read more -
Chinese EV makers overcome tariff challenges, make headway in Europe
Leapmotor has announced a joint venture with leading European automotive company Stellantis Group, a move that reflects the Chinese electric vehicle (EV) maker’s resilience and ambition. This cooperation resulted in the establishment of Leapmotor International, which will be responsible...Read more -
GAC Group’s Global Expansion Strategy: A New Era of New Energy Vehicles in China
In response to the recent tariffs imposed by Europe and the United States on Chinese-made electric vehicles, GAC Group is actively pursuing an overseas localized production strategy. The company has announced plans to build vehicle assembly plants in Europe and South America by 2026, with Brazil ...Read more -
NETA Automobile expands global footprint with new deliveries and strategic developments
NETA Motors, a subsidiary of Hezhong New Energy Vehicle Co., Ltd., is a leader in electric vehicles and has recently made significant progress in international expansion. The delivery ceremony of the first batch of NETA X vehicles was held in Uzbekistan, marking a key mo...Read more -
Nio launches $600 million in start-up subsidies to accelerate the adoption of electric vehicles
NIO, the leader in the electric vehicle market, announced a huge start-up subsidy of US$600 million, which is a major move to promote the transformation of fuel vehicles into electric vehicles. The initiative aims to reduce the financial burden on consumers by offsetting...Read more -
Electric vehicle sales surge, Thai car market faces decline
1.Thailand's new car market declines According to the latest wholesale data released by the Federation of Thai Industry (FTI), Thailand's new car market still showed a downward trend in August this year, with new car sales falling 25% to 45,190 units from 60,234 units a ...Read more -
EU proposes to increase tariffs on Chinese electric vehicles due to competition concerns
The European Commission has proposed raising tariffs on Chinese electric vehicles (EVs), a major move that has sparked debate across the auto industry. This decision stems from the rapid development of China's electric vehicle industry, which has brought competitive pres...Read more