Browsing: China
China to Promote Level 3 and Above Autonomous Driving Systems in Intelligent Connected Vehicles Initiative
China has announced its plans to support the commercial application of Level 3 and higher autonomous driving systems, as part…
China’s Lithium Market Rebounds on Electric Vehicle Sales, but Analysts Warn of Oversupply
China’s lithium market is experiencing a revival due to increasing sales of electric vehicles (EVs) and the growing demand for…
China has announced its future purchase tax policy for new energy vehicles (NEVs), aiming to provide a significant boost to…
Li Xiang, the CEO of Li Auto, expressed his satisfaction with China’s new energy vehicle (NEV) purchase tax exemption policy,…
Baidu and XPeng, two Chinese companies specializing in automated driving, have made significant advancements in their respective technologies. Baidu, the…
NIO yesterday announced a significant investment of approximately $1.1 billion from Abu Dhabi government fund CYVN Holdings . The infusion of…
TuSimple Advances Autonomous Trucking Testing in Japan and China Amidst Company Restructuring
Self-driving trucking company TuSimple is making strides outside of the United States despite its recent challenges. The company has announced…
Hyundai recently took the stage at its CEO Investor Day to provide an array of exciting updates regarding its electrification…
European Automakers Face Potential Losses of €4.3 Billion Due to Post-Brexit Rules on Electric Vehicle Components
The implementation of post-Brexit regulations, requiring European automakers to source a higher percentage of electric vehicle components from either the…
China Unveils Policy to Extend Purchase Tax Exemption for New Energy Vehicles, Sets Timetable for Withdrawal
China has unveiled its latest policy regarding the purchase tax exemption for new energy vehicles (NEVs), providing clarity on the…
Buick, a brand under General Motors, continues to make strides in the competitive Chinese electric vehicle (EV) market with the…
China Set to Export 4.4 Million Vehicles in 2023, Over 30% Expected to be New Energy Vehicles
Market research firm Canalys released a report today projecting that China’s total vehicle exports will reach 4.4 million units in…