China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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18 articles matching the search query.
BAIC BJEV, Senova to be combined into a new brand “Beijing”
Shanghai (Gasgoo)- BAIC BJEV and Senova, a new energy vehicle brand and a fuel-burning automobile marque owned by China’s stated-owned BAIC Group, will be merged into a new brand “Beijing” with an all-new logo, according to local media outlets.
Huawei and BAIC Seal Cooperation on Co-Brand's R&D - Pandaily
BAIC BJEV signed a framework agreement with Huawei to deepen their strategic cooperation on the building of a co-brand under which ARCFOX-branded vehicles are to be equipped with Huawei's HI solution.
BAIC BJEV Aug. sales nearly double while production slows down
Beijing (Gasgoo)- BAIC BJEV sold 4074 vehicles in August, representing a 16.7% increase from the previous month, and nearly doubled comparing to that of last y
China Has ‘Too Many’ Electric Carmakers; M&A to be Encouraged
China has vowed to consolidate the country’s electric vehicle industry after a decade-long nurturing of the sector led to the emergence of too many players, some of which are barely viable.
China’s BYD nabs $113M to produce IGBTs, the ‘CPU of electric cars’
BYD Co., the Chinese auto giant backed by Warren Buffett, is rushing to make China self-sufficient in the production of electric vehicles. On Monday, the firm said in a filing it has secured 800 million yuan ($113 million) in a Series A+ round for its chipmaking arm, BYD Semiconductor. At stake is the race to make […]
Electric-Car Stocks Rise as China Eases Subsidy-Cut Concerns
Shares of electric-vehicle makers including Tesla Inc. and Warren Buffett-backed BYD Co. jumped after the government signaled it won’t continue reducing subsidies for the industry at the same pace this year.
Exclusive: Daimler seeks majority control of its main China joint venture
Daimler is seeking to buy a majority stake in its Chinese operations, three people familiar with the matter told Reuters, after initial efforts to raise its stake failed and as Chinese investors tighten their grip on the German carmaker.
Musk’s China Challenger to Debut Electric Car Next Year
China Evergrande Group, the property giant with ambitions to become the world’s biggest maker of electric vehicles, plans to unveil its debut car by June -- a year later than first promised.
Briefing: Beijing will replace all taxis with electric cars in two years - BAIC · TechNode
Shenzhen replaced all gas-powered taxis with electric cars in December.
China Scales Back Subsidies for Electric Cars to Spur Innovation
China said it’s scaling back subsidies on electric vehicles to encourage local manufacturers to rely on innovation rather than government assistance as the industry matures and costs fall. The cuts were deeper than expected and shares of the country’s top EV makers slid.
Listing of EV Unit "Right Around the Corner," Says BAIC Chairman
State-owned Beijing Auto is China's largest EV maker and one of its top 5 auto companies. The auto group is at the heart of the nation's Made in China 2025 modernization program as it looks to become a global leader in sectors like new energy and smart manufacturing, a goal that's drawn the ire of Washington and become a key focus in the US/China trade spat. Bloomberg's Tom Mackenzie spoke exclusively to BAIC chairman Xu Heyi about the company's plans for the listing of its EV unit, its alignment with the Made in China strategy, and why he thinks the Trump administration is misconstruing China's industrial policy. (Source: Bloomberg)
Magna Strikes Deal to Build Electric Vehicles in China With BJEV
Magna International Inc. plans to engineer and build electric vehicles in China, marking the first time North America’s largest auto supplier is expanding its car manufacturing capabilities beyond its 20-year-old Steyr venture.
