Cellphone maker Xiaomi has EV market buzzing - People's Daily Online
Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April.
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Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April.
Launch of its first electric vehicle model has generated huge interest, controversy.
The Chinese market will be a major revenue source for US semiconductor company Qualcomm's automotive business, as China's massive vehicle sector has a faster adoption of autonomous driving technologies than many others, a senior company executive said.
China's latest move to bolster consumption of automobiles will further stimulate consumers' buying sentiment, provide a strong impetus for the auto market and promote the country's consumption recovery from the fallout of COVID-19, industry experts said.
China's top industry regulator is to help ease price hikes in raw materials used in electric cars that have prompted automakers from Tesla to Changan to raise tag prices of their models.