Business / Latest Motoring News

Can China's ride-hailing company Didi change the world?

[2016-08-22 09:04]

United States-based Fortune magazine published a '2016 Change the World' list of the top 50 global companies on August 18, in a move to highlight those who address major social problems as a core part of their business strategy. As the only Chinese mainland company on the list, ride-hailing firm Didi Chuxing ranked 30th.

BYD's EVs set to green Singapore

[2016-08-22 07:51]

China's major electric vehicle or EV producer BYD Co Ltd is targeting Singapore to sell buses and taxis. It is relying on its time-tested overseas expansion strategy for the foray.

Detroit carmakers now have sights on Silicon Valley

[2016-08-22 07:44]

For the first time in the industrial history of the United States, the center of automotive technology is drifting away from Detroit, Michigan.

Rental companies expand fleets ahead of likely changes

[2016-08-22 07:44]

Chinese car rental companies are accelerating expansion of their fleets in tier-two and tier-three cities, in expectation of gaining a larger share of the rapidly evolving mobility market over the next five years.

Gree makes foray into electric car race

[2016-08-22 07:44]

China's largest air conditioner manufacturer is jumping on the electric vehicle bandwagon having agreed to pay 13 billion yuan ($2 billion) to acquire an automaker in Guangdong province.

Time for Tesla's would-be rivals to put up or shut up

[2016-08-22 07:44]

Electric car making in China appears to have turned into a battle of the entrepreneurs, with a number of eco-inexperienced companies vowing to develop and mass-produce large-sized premium electric cars to rival or beat Tesla's offerings in the sector.

Rule changes to clean up chaotic new energy sector

[2016-08-22 07:44]

China's Ministry of Industry and Information Technology is seeking public opinion on a new draft of regulations for the new energy vehicle sector, signaling its intention to bring order into the somewhat chaotic sector.

Gree gears up to buy NEV maker

[2016-08-20 09:19]

Gree Electric Appliances Inc-one of China's major air conditioner makers-said it is stepping into the fast-growing new-energy vehicle market by acquiring Zhuhai Yinlong New Energy Co Ltd, a local electric-vehicle producer, for 13 billion yuan ($1.81 billion).

Mazda to recall 11,449 vehicles in China

[2016-08-19 11:21]

Mazda will recall 11,449 imported vehicles in China due to faulty lower control arm components, the country's top quality watchdog said Friday.

EV talent commands respect, big salaries

[2016-08-18 07:58]

China's biggest iPhone maker, largest e-commerce company and leading internet-video producer are all in the hunt to build electric vehicles or EVs-and to grab the small pool of available talent to build them.

Baidu gears up driverless technology

[2016-08-18 07:20]

Baidu Inc has added fuel to its effort to put driverless cars into mass production within five years with its multimillion dollar investment on Tuesday in a major US producer of lidar sensors, a key technology that helps the cars "see" their surrounding environment by using light to measure distance.

Audi to make cars that can talk to traffic signals

[2016-08-17 13:56]

German carmaker Audi is introducing technology that enables its cars to communicate with traffic lights, aiming to make driving less stressful, the company has announced.

Dealers recall nearly 7,000 Japanese autos in China

[2016-08-17 10:14]

Dealers will recall 6,961 imported Infiniti and Nissan Fuga automobiles from China, the country's quality watchdog said Tuesday.

Tesla removes 'self-driving' from China website after Beijing crash

[2016-08-17 07:15]

Tesla Motors Inc removed the term "self-driving" from its China website after a driver in Beijing who crashed in "autopilot" mode complained that the carmaker overplayed the function's capability and misled buyers.

Top 10 biggest auto makers of 2015

[2016-08-17 07:11]

Despite its infamous diesel emission testing scandal, Volkswagen still made the world's highest annual revenue, according to Fortune. The German company takes the No 7 spot on this year's Global 500 list, beating Toyota Motor and becoming the No 1 largest auto maker by revenue.

Auto part-maker confident of China's economy

[2016-08-15 17:20]

China's economy is developing stably and the market is prosperous, providing great opportunities for companies to grow, according to Plastic Omnium chairman Laurent Burelle.

BMW to launch self-driving cars in China

[2016-08-15 09:50]

German carmaker BMW says it is planning to launch self-driving vehicles in China.

China passenger car sales on the rise

[2016-08-15 08:12]

China's passenger car sales are on the rise, according to the China Passenger Car Association (CPCA).

Toyota JV puts faith in long-term success of hybrids

[2016-08-15 07:56]

Toyota Motor Co's joint venture with Guangzhou Automobile Corp aims to boost long-term sales of petrol-electric hybrid cars by offering a wide range of models.

Technology driving parts makers' takeovers

[2016-08-15 07:56]

The auto industry's self-driving revolution has spurred the biggest two years of car-supplier takeovers in a decade, with more coming as parts makers struggle to keep up with the pace of technological transformation.

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