German carmaker Mercedes-Benz Group AG announced the opening of a new research and development (R&D) center in Shanghai that will work to develop mobility technology, reports Nikkei Asia. The center, its second R&D facility in China, will work in tech fields such as connectivity, automated driving and big data, the company said in a statement. […]
Category: Autos
A number of electric vehicle (EV) manufacturers in China are upping prices due to increasing commodity costs. The price hikes are expected to hit sales numbers in the world’s largest automobiles market, reports the South China Morning Post. The sky-high prices of nickel and lithium, key materials used to make EV batteries, have forced carmakers […]
China’s new-energy vehicle (NEV) market experienced a second consecutive month of sales shrinkage as the Lunar New Year holiday and a cut in subsidies took effect, reports the South China Morning Post. Sales of NEVs—pure electric, plug-in hybrids and fuel-cell vehicles—reached 334,000 last month, down 22.6% from January, according to the China Association of Automobile Manufacturers […]
One of China’s fast-growing electric vehicle startups, Xpeng Motors, has begun accepting orders for its new P5 family sedan model in four European countries, reports the South China Morning Post. In a step forward for the company’s global expansion, the Guangzhou-based firm said that the P5, the first mass-produced EV guided by lidar sensors, will […]
China came out top in electric vehicle (EV) exports in 2021, delivering almost 500,000 units thanks to rising sales in Europe and Southeast Asia by a growing number of cost-competitive manufacturers, reports Nikkei Asia. According to the General Administration of Customs of China, the number of passenger EVs exported in 2021 increased 2.6 times to […]