Car sales expected to grow 3% in 20232023-09-18
After achieving high single-digit growth through the first eight months, 2023's vehicle sales in China are expected to rise by at least 3 percent year-on-year, according to the country's top industry association.
Foreign automakers buoyed by recovering China mkt2023-09-15
Top executives of foreign automakers have voiced their long-term commitment to the Chinese vehicle market, which - as one of the country's economic pillars - is cruising at a high single-digit growth rate.
China battery firms lead market2023-09-07
Chinese companies continued to dominate the global power battery market in the first seven months, responsible for over three-fifths of battery installations worldwide, said a report by South Korean market consultancy SNE Research on Wednesday.
Chinese cars electrify world's roads2023-08-21
A report from consultancy KPMG forecast that Chinese carmakers are expected to capture around 15 percent of Europe's EV market by 2025, as established players such as BYD and emerging companies such as NIO and Li Auto gain popularity among European consumers.
Homegrown products create magic overseas2023-08-21
First it was smartphones. Now, it's electric vehicles. The past decade has seen Chinese-made products capture the world's imagination like never before.