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China vows to break down barriers to aid economic recovery, but call continues for stronger stimulus - Vimarsana News

China vows to break down barriers to aid economic recovery, but call continues for stronger stimulus

Chinese Premier Li Qiang held a study session with his cabinet on Monday, vowing to tackle barriers to forming a vast market.

Source: scmp.com
NIO Technology Updates: Chinese EV maker Nio announces tech licensing deal with Forseven, ET Auto - Vimarsana News

NIO Technology Updates: Chinese EV maker Nio announces tech licensing deal with Forseven, ET Auto

NIO Technology Updates: The agreement will give electric car startup Forseven a global license to use Nio's technical information and software for the research and development, manufacturing, and distribution of its vehicles, the filing said.

Geely-backed luxury EV maker Lotus Tech to launch autonomous driving cars in 60 Chinese cities this year - Vimarsana News

Geely-backed luxury EV maker Lotus Tech to launch autonomous driving cars in 60 Chinese cities this year

The company, a division of British sports car company Lotus Group in which Chinese carmaker Zhejiang Geely Holding owns a majority stake, will focus on the premium segment despite cheap models dominating the mainland EV market.

Source: scmp.com
China's 1 trillion yuan EV, solar and battery exports face overcapacity concerns as US, EU anxieties grow - Vimarsana News

China's 1 trillion yuan EV, solar and battery exports face overcapacity concerns as US, EU anxieties grow

Beijing has already recognised overcapacity as a major challenge for 2024, as US and European Union anti-dumping probes and tariffs disrupt trade.

Source: scmp.com
XPENG announces dealer partnerships in UAE, Egypt, - Vimarsana News

XPENG announces dealer partnerships in UAE, Egypt,

XPENG announces dealer partnerships in UAE, Egypt, Azerbaijan, Jordan and Lebanon, marking several