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Xiaomi entry adds spice to e-car sector By MA SI/LI FUSHENG | China Daily | Updated: 2021-04-01 09:06 Share CLOSE The logo of Xiaomi is seen inside the company's office in Bengaluru, India, on Jan 18, 2018. [Photo/Agencies] Xiaomi Corp's decision to foray into the electric car business will further intensify competition in the booming sector, and it remains to be seen how the Chinese smartphone company will leverage its research and development strength to explore a completely new area, experts said. Their comments came after Lei Jun,...

Show sparks quality talk amid row over car recalls By LI FUSHENG | China Daily | Updated: 2021-03-17 09:14 Share CLOSE An employee works on a transmission production line of a Ford venture in Chongqing. [Photo/Xinhua] International carmakers should ensure the quality of both their products and services in China, which would prove crucial for their development in the largest and most competitive automotive market, experts said on Tuesday. "They should at least have a correct attitude to problems when they arise. It is obvious that peop...

Baidu's decision to produce cars have caused a stir in the capital and automotive markets, but the Chinese tech company is more likely to build robotaxi fleets than sell vehicles to individual customers, analysts said. The company announced its plan last week to build a standalone car company to produce and market passenger vehicles, using Chinese carmaker Geely's electric vehicle architecture. Baidu did not offer details on how its vehicles will be different than those from Tesla or any other gasoline car challenger or when the vehicles will hit the market. Though much remains a mystery, the...

Big money backing China's market for NEVs By CAO YINGYING | China Daily | Updated: 2021-01-11 10:50 Share CLOSE Tesla sign is seen at the third China International Import Expo (CIIE) in Shanghai on Nov 5, 2020. [Photo/Agencies] Global investors have shown confidence in China's new energy vehicle market, with record financing in 2020. The emerging new energy vehicle industry raised 129.21 billion yuan ($20 billion) last year. It marks an increase of 159.4 percent compared with 2019, according to a report by Qcc, a government-recognized...

China’s powertrain industry should opt for diversified tech route to go electric Monika From Gasgoo | December 27 , 2020 Shanghai (Gasgoo)- New energy vehicles (NEVs) and hybrid electric vehicles (HEVs) will each account for 50% of annual new car sales in China by 2035, according to the 2.0 version of Technology Roadmap for Energy Saving and New Energy Vehicles (called “2.0 Roadmap” for short) issued in late October. The target indicates China's resolution to achieve complete electrification across the auto industry. Certainly, there are multiple tough challenges for the auto powertrai...