Volkswagen

New Business

Chinese EV maker Nio takes aim at foreign luxury marques BMW, Audi with new sedan

International car brands, already experiencing a sharp sales decline, have one more thing to worry about as Chinese electric vehicle…

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New Business

Confidence of German businesses in China hits record low, survey finds

The confidence of German businesses operating in China has plummeted to a historic low, according to the results of a…

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New Business

‘Race to the bottom’: General Motors grapples with huge losses, uncertain future in China

General Motors CEO Mary Barra has said that China’s crowded market is a “race to the bottom”. For GM, it’s…

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New Business

Volkswagen’s controversial Xinjiang plant sale signals strategic shift in China

Volkswagen’s (VW) sale of a controversial plant in China will come as a relief to the German carmaker, as it…

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New Business

UBS says foreign carmakers are at risk of losing up to US$20 billion a year in China

Foreign carmakers are at risk of losing up to US$20 billion in profit annually in China, amid intensified competition with…

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New Business

Xpeng aims to assemble EVs in Europe to blunt impact of import tariffs, CEO says

Xpeng is looking for a manufacturing site in Europe, making it the latest Chinese electric-vehicle maker seeking to mitigate the…

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Tech

Geely’s Zeekr unit unveils ultra-fast-charging EV battery in China’s electrification race

Zeekr Intelligent Technology, the premium electric vehicle (EV) maker controlled by Geely Auto, has unveiled a new battery technology that…

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New Business

Xpeng expands autonomous driving system, China’s answer to Tesla’s FSD, to all cities

“The year 2024 is marking a watershed for the development of autonomous driving,” He told a virtual briefing on Tuesday…

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New Business

Xpeng aims to steal a march on Tesla’s FSD by updating its self-driving software earlier

Xpeng plans to unveil an update to its autonomous driving software next week, as the Guangzhou-based electric vehicle builder and…

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New Business

Volkswagen extends ties with China’s Xpeng to develop new EV models, technologies

An E/E system connects all in-car electronic control units (ECUs), sensors and actuators to support a smart vehicle’s capabilities of…

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