Chinese Neta reportedly halts production in the Zhejiang factory and cut salaries as its sales performance declined in China.
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Category: Industry
Xiaomi’s second-phase car factory steel structure completed in two months
The steel structure of Xiaomi’s second-phase (F2) car factory was completed in China two months after the construction had started.
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Construction of Xiaomi’s second phase car factory has begun
According to reports, construction of the second phase of the Xiaomi Automobile factory has already begun, with workers operating day and night to ensure a speedy completion. Construction of the first phase of the Xiaomi factory began in April 2022, covering an area of 720,000 square meters, and was completed in June 2023. The second […]
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Changan is selling over 7000 vehicles a day
Changan Automobile has surged in popularity this year selling just under 1.7 million cars so far this year, which is around 7000 cars a day.
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Mercedes commits to China with a 2 billion USD investment to compete with local rivals
Mercedes announces its 14 billion RMB investment in China to expand its local production lineup. They will release three new models in 2025.
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BYD to enter Pakistan market, and reportedly will build a factory
BYD will begin sales in Pakistan in 2024. Plans are also believed to call for building a factory set to produce cars from 2026.
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Chinese New Energy Vehicle car sales 50.84%, July preliminary figures show
New Energy Vehicle sales exceed ICE for the first time over a whole month in China in July according to preliminary data.
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Cambodian PM claims BYD will build a factory in Cambodia, months after BYD hits problems in Vietnam
Cambodia claims BYD is going to site a factory in the country. The small market size and other factors make it a surprising choice.
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BYD and Li Auto are the only Chinese NEV producers that make a profit claims Beijing speech
Key economic speech in Beijing claims that only BYD and Li Auto among Chinese new energy vehicle producers make a profit.
The post BYD and Li Auto are the only Chinese NEV producers that make a profit claims Beijing speech appeared first on CarNewsChina.com.
China emerges as top car supplier in Israel
Chinese cars are capturing a significant market share and outpacing Korean and Japanese competitors.
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