Autos
- BusinessReuters
Battle for 'tech luxury' in China as EVs get smarter - and cheaper
The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen. China’s upstart electric brands, and even its state-owned, legacy automakers, are racing to pack technology and features once considered premium into EVs as cheap as $20,000 – less than half the cost of an average new car in the United States, now more than $48,000. That represents a deepening challenge to foreign brands in China, incl
4-min read - BusinessReuters
UPDATE 2-Mercedes-Benz says it will continue to invest in Chinese tie-ups
Mercedes-Benz executives said on Thursday the company would continue to invest in tie-ups with Chinese partners including automaker BAIC Group , underscoring the importance of China to its global strategy. China is "the most dynamic new energy vehicle market", country chief Hubertus Troska said at a press conference on the opening day of the Beijing auto show. "You have to be here and you have to be part of that innovation cycle," Chief Executive Ola Kaellenius told Reuters on the sidelines of
2-min read - BusinessAFP News
Five things we learned at the China Auto Show
One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their latest designs and high-tech accessories to consumers in the fiercely competitive market.Here are the key developments from Auto China's first day of action: - Xiaomi - The consumer tech giant is the latest entrant to China's cut-throat EV market, with its new SU7 model the star of the show.
2-min read - BusinessThe Telegraph
Law to limit petrol car sales is ‘terrible for the UK’, warns Vauxhall maker
The net zero crackdown on combustion engines could force the maker of Vauxhall to scale back its presence in Britain, its boss has warned.
4-min read - BusinessReuters
Toyota pilots EV pickup trucks in key Thai market
Toyota launched a public transport pilot on Thursday with nine fully electric Hilux Revo pickup trucks in Thailand, a key Southeast Asian battleground for electric vehicles where Chinese players are challenging the dominance of Japanese automakers. "The battery EV Revo have been modified into song-taews for public transportation," Toyota Motor Thailand Executive Vice President Surapoom Udomwong said Thursday, referring to the pickup trucks that have been re-purposed for public transit.
2-min read - BusinessAssociated Press Finance
Electric cars and digital connectivity dominate at Beijing auto show
Global automakers and EV startups unveiled new models and concept cars at China's largest auto show on Thursday, with a focus on the nation's transformation into a major market and production base for digitally connected, new-energy vehicles. Toyota and Nissan both announced tie-ups with major Chinese technology companies as they strive to meet customer demand for AI-enabled online connectivity in cars, from social media apps to autonomous driving features. Electric vehicles accounted for abou
4-min read - BusinessReuters
China's largest auto show showcases all-electric future, local brands dominate
China's largest auto show opened in Beijing on Thursday with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's largest auto market is already in an all-electric state of mind, and isn't looking back. Automakers are set to unveil 117 new models versus 93 at last year's show in Shanghai，while overall 278 new energy vehicles (NEVs) will go on display, seven more than last year, organisers said. The show, which runs through early next month, comes as N
4-min read
