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The China News Database was last updated at 06:54PM on January 26, 2023.
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188 articles matching the search query.
Yellen Plans China Trip as Washington, Beijing Work to Revive Ties
The Treasury Department said Chinese officials would also visit the U.S. soon.
Alvin Chau: Macau gambling kingpin jailed for 18 years
Chau, a prominent figure in Macau's casino industry, was found guilty of illegal gambling.
Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with People’s Republic of China Vice Premier Liu He
As Prepared for Delivery Vice Premier Liu, I am very pleased to meet you in person today. Last November, President Biden and President Xi met at the G-20 in Bali for their first in-person presidential meeting. The leaders emphasized the importance of keeping the lines of communication open between our countries. Amid a complicated global economic outlook, there is a pressing need for the two largest economies in the world to closely communicate on global macroeconomic and financial conditions and exchange views on how we are responding to various challenges. To that extent, I hope we can use today’s in-person meeting to delve deeply into topics of mutual concern, including macroeconomic cooperation and climate finance. We will also have the opportunity in this meeting to frankly address areas of concern. But, as President Biden said, we share a responsibility to show that China and the United States can manage our differences and prevent competition from becoming anything ever near conflict. While we have areas of disagreement, and we will convey them directly, we should not allow misunderstandings, particularly those stemming from a lack of communication, to unnecessarily worsen our bilateral economic and financial relationship. In that spirit, I welcome the opportunity to hear your opening remarks and to continue to exchange our views during today’s meeting. ###
Could Chinese companies produce revolutionary solid state batteries by 2024?
Solid state batteries are the tantalizing next frontier of electric vehicle batteries, and a wide range of battery, auto, and even internet companies are talking about manufacturing them, but the hype seems premature.
China’s BYD to launch luxury electric sedan in India
Despite geopolitical tensions between Delhi and Beijing, electric vehicle brand BYD is making a big play in the Indian market.
China’s traditional car companies are getting electric vehicles right
What does it take to succeed in China’s electric vehicle industry? Money — and lots of it. If 2021 was a great year for new companies like NIO, XPeng, and Li Auto, 2022 has been a breakout year for traditional fuel companies becoming major electric players.
VW’s electric cars have software problems, and Chinese customers are angry
VW is rapidly expanding its electric vehicle business in China with a new joint venture that is about to start production. But Chinese customers are complaining about their faulty battery-powered cars and a problem that has plagued the whole company: buggy software.
Hozon Auto: high electric vehicle sales but few customers
Hozon Auto is a shooting star in China’s electric vehicle industry: This year, it suddenly achieved the highest sales after industry giant BYD. But these numbers aren’t all they’re cracked up to be.
Weltmeister: A cautionary tale of China’s electric vehicle industry
Making electric vehicles is an expensive and risky business. In a dire warning for China’s other EV manufacturers, time and money are fast running out at Weltmeister. Exploding cars didn’t help.
Chinese battery makers are setting up in Europe
As Europe embraces electric vehicles, Chinese battery makers are rushing in to raise capital and expand factory production.
Can BYD beat Tesla?
BYD is one of China’s first electric vehicle companies and it’s beating Tesla on its home turf, but can it replicate this success in foreign markets?
China is forging ahead with hydrogen fuel cell vehicles
Toyota and Hyundai have just made new commitments to making hydrogen-powered vehicles in China, and the government wants the industry to go big. But not everyone is convinced that the tech can be applied at scale.
NIO plans to conquer Europe with high-end clubhouses and by renting (not selling) its electric vehicles
NIO has entered four European countries with luxury clubhouses for customers, battery-swap stations, and an unusual retail model of renting, instead of selling. But can the new brand succeed with prices on the level of Porsche and Mercedes-Benz?
The future of China’s lithium battery industry is in Sichuan Province
With China’s largest reserves of lithium as well as an abundant supply of hydropower, China’s electric battery industry is migrating to the western province known for its spicy food.
China’s lithium battery companies want to control the whole supply chain
As the penetration rate of electric cars approaches 25% in China, China’s lithium battery companies want a piece of the insane profits to be made from extraction and processing raw materials.
Chinese young people are getting into large motorcycles for fun
Sales of large motorcycles are increasing in China as young people are biking as a hobby and a social media trend. But getting a number plate is difficult.
EV startup Leapmotor is listing in Hong Kong, but its prospects are precarious
Chinese electric vehicle (EV) manufacturer Leapmotor has made low-end cars since it launched in 2015. As the company seeks to enter the mid- to high-end market, will the new IPO funds just disappear in a forlorn struggle for profitability?
Battery swapping is the future of electric vehicles
CATL, NIO, and another brand new company launched this week are going to take swapping electric car batteries into the mainstream.
The sodium battery era is coming soon
Lithium still rules China’s electric vehicle and battery industry, but as prices of the metal skyrocket, sodium battery technology could provide a cheaper alternative.
Li Auto had a tough August, and China’s other EV stars are still losing billions
China’s top three electric vehicle companies — NIO, XPeng, and Li Auto — all had a tough summer, but Li Auto’s pain was just exacerbated by a customer care snafu.
Winter is coming for Huawei’s car business
Huawei’s CEO last week warned that winter is coming, and Huawei needs to focus on revenue and profit. But the company’s car business is burning through money, and now Huawei needs to make a crucial decision.
Geely came out of nowhere to become a global auto giant, but can it compete in China’s highly competitive electric car market?
After acquiring Volvo in 2010, Geely launched a bold plan to have 90% of its sales come from electric vehicles by 2020. The company is still a long way from reaching that target.
NIU is China’s ‘Tesla on two wheels,’ but is that what the market wants?
NIU’s flashy high-end electric bicycles and scooters are eye-catching and very fashionable, but will consumers continue to pay top dollar for vintage looks and smart features?
蔚来将于2022年第四季度计划交付150kwh固态电池 _ 证券时报网
NIO to produce solid-state EV battery: Electric vehicle (EV) manufacturer NIO 蔚来汽车 has announced that, as soon as the fourth quarter, it will produce a 150 kWh solid-state battery of silicon-carbon composite anode material that will give NIO’s ET7 sedan a range in excess of 1,000 kilometers (621 miles).
Baidu reveals the next-gen robotaxi that will be deployed throughout China
Baidu’s new robotaxi has a much cheaper price tag: The Apollo RT6, a fully electric vehicle equipped with a detachable steering wheel and a massive sunroof, will cost 250,000 yuan ($37,000) per unit.
“This massive cost reduction will enable us to deploy tens of thousands of autonomous vehicles across China,” Robin Li (Lǐ Yànhóng 李彦宏), the company’s co-founder and CEO, said at the Baidu World Conference on Thursday. “We are moving toward a future where taking a robotaxi will be half the cost of taking a taxi today.”
一季度动力电池装车量累计51.3GWh，同比累计上升120.7%
In March, China’s total electric battery sales amounted to 24.5 gigawatt hours (GWh), a year-on-year increase of 175.3%.
Battery Giant CATL Adopts Measures to Avoid Covid Shutdown
CATL, the world’s biggest manufacturer of EV batteries, has implemented a so-called closed loop for workers at its main factory in China in a bid to avoid a COVID-19 shutdown.
五部门：新能源汽车企业要切实履行数据安全保护义务 保障数据安全 - 21财经
Safety systems of new energy vehicle (NEV) enterprises need to be strengthened, per new guidelines from five ministries including those of Transport, Public Security and Industry & Information Technology.
价格年涨超300%，这种锂电小原料为何能成“大热门”？新增产能已经在路上！
Strong demand for new-energy batteries has spiked the domestic price of PVDF (polyvinylidene fluoride), widely used as a binder in lithium-ion batteries. It has jumped to nearly 500,000 yuan ($78,562) per ton, a year-on-year increase of more than 300%.
媒体：蔚来汽车正在就授权换电系统与竞争对手展开磋商
EV manufacturer NIO is negotiating with Chinese and foreign automakers to authorize its battery-swap system and plans to build 1,000 swapping stations outside of China by 2025, mostly in Europe.
比亚迪宣布停止燃油汽车整车生产，3月新能源汽车销量破10万辆大增422.97% - 21财经
BYD ceased production of fossil-fuel-only vehicles from March to focus on electric and hybrid cars. BYD produced 106,658 new energy vehicles and sold 104,878 units in March, a year-on-year increase of more than 400% of both numbers.
Taiwan e-bike maker eyes $335m in US listing tomorrow
A Taiwanese scooter company is going public on Nasdaq tomorrow: Electric scooter and battery station manufacturer Gogoro is looking to raise $335 million via a merger with capital market company Poema Global.
小鹏汽车回应黄牛倒卖订单：交车前将核实身份信息-中新网
Scalpers are buying up high-end electric cars for resale at inflated prices, but Xpeng said it will implement ID checks and other measures to stop unauthorized resales.
上海最大氢能供应基地将于8月开建|界面新闻
Shanghai is building a large hydrogen supply base for low-carbon vehicles. Shenergy Group and Air Liquide are setting up a joint venture with and in the Shanghai Chemical Industry Zone to build the facility with an investment of 180 million yuan ($28.5 million).
EXCLUSIVE Tesla plans new Shanghai plant to more than double China capacity - sources
Tesla plans to start construction of a new factory in Shanghai as soon as next month, according to Reuters. The new plant would give Elon Musk’s company the capacity to produce up to 2 million cars per year in Shanghai, up from its current 450,000 output.
投资110亿元！美的新能源汽车零部件战略新基地奠基开工
From AC to EV: One of China’s biggest air conditioner and white goods manufacturers, Midea 美的, is entering the electric vehicle industry with plans to invest 11 billion yuan ($1.73 billion) to build new plants in Anhui Province to make new energy vehicle components.
二手电车冷冰冰
There is no real market for secondhand electric cars, and dealers do not know how to handle them, at least not yet, according to a new report that surveyed used car and EV dealers around China.
Meet the CityBug: The Newest Chinese-made EV to Go On Sale In South Africa - The China Africa Project
Cheap EVs for South Africa: The country “lags far behind other middle-income countries in the availability of electric vehicles but Chinese brands like Eleksa are hoping to change with the introduction of new cars like the $15,000 Citybug,” reports the China-Africa Project.
