Bloomberg News, September 27, 2018 Wan Gang pushed China to leapfrog the West in electric vehicles. At this year’s Beijing Auto Show, a retired Chinese bureaucrat bent down to run his hands over the hood of a sleek sports coupe billed as the world’s fastest battery-powered car, and...
CNN Money, September 12, 2018 A Chinese startup that wants to rival Tesla has gone public in New York. But the young company has a long way to go to catch up with Elon Musk. Like other high-profile Chinese companies that have gone public recently, Shanghai-based Nio...
Reuters Newswire, August 30, 2018 By Brenda Goh and Norihiko Shirouzu | August 30, 2018 China’s largest ride-hailing company Didi Chuxing has suspended its carpooling service after a passenger was killed, and is likely to face tighter oversight that will squeeze driver numbers and extend customer waiting...
The Wall Street Journal, August 29, 2018 [caption id="attachment_17049" align="alignnone" width="580"] A Buick Velite 6 displayed at the Beijing auto show in April. PHOTO: WANG ZHAO/AGENCE FRANCE-PRESSE/GETTY IMAGES[/caption] The launch of a new Buick electric vehicle has been put on hold until a new battery supplier can...
Automotive News, July 9, 2018 [caption id="attachment_17043" align="alignnone" width="462"] Nissan had planned to sell its battery-making operations in Smyrna, Tenn., as part of the deal.[/caption] TOKYO — Last summer, Nissan Motor Co. struck a deal it said epitomized the winning strategy for the coming era of new...
CNBC Capital Connection, July 19, 2018 The tariffs are making companies that work with imported vehicles less competitive, says Bill Russo, founder & CEO at Automobility. Automobility CEO: Increasing tariffs 'more negative' for the industry from CNBC....
CNN Money, July 10, 2018 Tesla has hiked the prices of its cars in China by about 20% after getting caught in the crossfire of the trade clash between Washington and Beijing. [caption id="attachment_17017" align="alignnone" width="780"] A Tesla Model S on display at a showroom in Shanghai.[/caption] by...
China Global Television Network, July 3, 2018 China has recently made it easier for foreign automakers to enter its new energy car manufacturing sector, in an effort to accelerate competition and growth in the auto industry. On the one hand, the import duty on foreign cars including...
Carscoops, May 22, 2018 by Sergiu Tudose China’s Finance Ministry announced today that import tariffs will be cut to 15% from as much as 25%, whereas taxes on certain automotive parts would fall to just 6%, starting July 1st. The decision comes a few days after a truce...
WorldAutoSteel, May 2018 An excerpt from WorldAutoSteel's "Steel Your Future" Article. To read the full article click here From personal transportation to service For over 100 years, the automobile has been a personal possession to most commuters in the world. Either you owned one or you didn’t. With the...
