Chinese automakers announce plans to increase hydrogen vehicle sales

china cars

Chinese automakers have announced plans to boost sales of hydrogen fuel cell vehicles, a niche sector in the world’s biggest auto market, and the government is expected to declare supportive new policies, most likely as early as this month. SAIC Motor, China’s biggest automaker which has joint ventures with Volkswagen and General Motors, said on […]

GM venture’s car becomes most sold EV in China, surpassing Tesla’s Model 3

Hongguang MINI EV

A micro electric vehicle (EV) by General Motors’ local Chinese joint venture has become the most sold EV model in China, with 15,000 cars sold in China in August, followed by Tesla Inc’s 11,800 sales of Model 3 sedans, industry data showed. The model, the Hongguang MINI EV, is a two-door micro electric vehicle released […]

China auto sales mark first gain in nearly 2 years as restrictions ease

china cars

China’s monthly auto sales increased for the first time in nearly two years in April, industry data revealed, as more customers visited showrooms after the economy started to open up and officials eased coronavirus-related travel restrictions. Auto sales in April hit 2.07 million units in the country, increasing 4.4% from a year earlier according the China Association of Automobile Manufacturers (CAAM), […]

Volkswagen plans electric auto plant with JAC in China

JAC Motors

Volkswagen’s joint venture with China’s Anhui Jianghuai (JAC) prepares to spend 5.06 billion yuan ($750.8 million) in a new electric car factory located in eastern Hefei city, according to local officials. A document published online by the Hefei Economic and Technological Development Area on Monday revealed that Volkswagen and JAC had obtained approval from environmental […]

Tesla prompts tariff exemption for Chinese-made car computer ‘brain’

Tesla Inc logo

Tesla Inc has asked the Trump administration make exemption for the Chinese-made car computer “brain” of its new Model 3 sedan from 25 percent tariffs imposed in August, stated they threaten the electric automaker’s bottom line. “Increased tariffs on this particular part cause economic harm to Tesla, through the rise of costs and impact to […]

Automakers worry as China clamps down on capacity, looks for consolidation

china map

Some automakers in China are cautioned by proposed government restrictions on spending in new manufacturing capacity and the measures in which Beijing is attempting to trigger consolidation of the country’s flabby auto industry from mergers and strategic cooperation. China’s National Development and Reform Commission, looking to address mounting excess auto manufacturing capacity, looks to restrict […]