GM Stays the Course in China Despite Fierce Local Competition
GM reaffirms its commitment to building a profitable and self-sustaining operation in China amid rising competition from local automotive brands.
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GM reaffirms its commitment to building a profitable and self-sustaining operation in China amid rising competition from local automotive brands.
China’s new energy passenger vehicle sales surged by 36.9% in July, with exports also on the rise, highlighting the nation’s leadership in sustainable mobility.
Chinese electric vehicle manufacturers are setting global standards with innovative designs and technologies, maintaining their lead in the EV race despite recent tariff tensions.
China’s new energy vehicle penetration rate is set to reach 49.1% in June, driven by steady market growth and technological advancements.
Toyota continues production halt for Corolla Fielder, Corolla Axio, and Yaris Cross until July amid ongoing investigations into testing irregularities.
The U.S. raises tariffs on Chinese electric vehicles from 25% to 100%, sparking debates on its impact on climate goals, consumer prices, and the auto industry’s competitiveness.
Tesla has successfully passed four data security tests in China, removing previous restrictions. The announcement was made by China’s Automobile Manufacturers and the National Computer Network Emergency Response teams.
At the Beijing Auto Show, NIO CEO William Li discusses the company’s strategy to integrate both EV charging and battery swapping solutions, catering to diverse needs and accelerating the adoption of sustainable transportation.
Data reveals that accusations of overcapacity in the Chinese mainland’s EV market are unfounded, showing strong domestic and global demand.
The IEA reports a significant surge in electric vehicle sales, projecting that half of all cars sold globally will be electric by 2035, transforming the auto industry and reducing oil demand.