China's COSCO Shipping Ports Limited Tuesday announced its subsidiary has acquired a 40-percent stake in Italy's Vado Holding B.V. from Maersk Group's APM Terminal for 53 million euros (58.3 million U.S. dollars). Vado Holding operates ...
Tags: COSCO, Overseas Shipping
In December, China will release the first new energy vehicle industry development roadmap, possibly proposing mild hybrid cars as energy saving vehicles, as one of the moves to guide the sector's development in the world's largest electric ...
Tags: Electric Car
European aircraft manufacturer Airbus Group SE said it expects to deliver its first A350 to Chinese airlines in the second half of next year and is bullish about the country's demand for widebody aircraft, fueled by fast-growing long-haul ...
Tags: Aircraft, Transportation
China's top economic planner announced Tuesday it has approved feasibility reports for two railway projects with total investment of 79.47 billion yuan (11.84 billion U.S. dollars). The two projects would be located in the country's ...
Tags: Railway, Transportation
More domestic car brands have demonstrated their eagerness for recognition as premium, although none of the Chinese peer group have yet revealed a strategy that will lead them to the top. Although there are previous failures that serve as ...
Tags: Geely, Automakers
By 2020, the core function of Beijing National Science and Technology Innovation Center will further strengthen and become a global science and technology innovation center. In terms of the new energy automotive innovation layout, Beijing ...
Tags: Energy Auto R&D Center, M
According to the press report, China’s new energy vehicles sales and production was expected to breakthrough to 650 thousand units in 2016, up by 79% year on year. In 2015, our new energy vehicles production is 379 thousand units, ...
Tags: new energy vehicles, DONGXING
China's passenger car sales are on the rise, according to the China Passenger Car Association (CPCA). Auto sales growth reached 23.3 percent in July year on year, the third consecutive month of double-digit growth and the highest in 17 ...
Tags: Passenger Car, Car
On July 26, Dongfeng CV Company held midyear conference in Shiyan. In the conference, they reviewed the operating performance in the first half year and arranged the second year’s key point work. In the first half year, Dongfeng CV ...
Tags: Dongfeng CV, medium trucks
China's truck manufacturers are keeping their eyes on international markets and on production upgrading as ways to deal with the industry's severe overcapacity. "The level of globalization will decide the future of our company", said Ma ...
Tags: high-end markets, truck
Sichuan HYUNDAI is going to launch new self-owned product, Zhidao 800w heavy truck. 800w is assembled with Weichai Power and focuses on main stream heavy truck market. Zhidao 800w is assembled with Weichai high torque and efficiency ...
Tags: Hyundai, Heavy Truck, Weichai Power
The commercial vehicles sales of the first half year has been released at present. The light truck market continued to go down with the influence of economy stagflation and emission standard upgrading. However, JAC light truck had a good ...
Tags: commercial vehicles, JAC
On July 12, Weichai Power held a grand ceremony at its Land King Production Base No. 2 Factory to celebrate the 10,000th unit WP13 engine going off the production line. Just making its debut in 2015, WP13 is a powerful engine with high ...
Tags: Weichai Power, WP13 engine
On July 6, SAIC released the production and sales report of June. According to the report, in June SAIC rolled off all kinds of vehicles 432 thousand and 5 hundred, up by 1.48% year on year; and the company delivered 454 thousand and 8 ...
Tags: heavy trucks, trucks
With the rapid growth of the domestic electric vehicle industry, as the key material of electric vehicle batteries, lithium has become hot. The price per ton from 2015 at the beginning of a few million Yuan has been up to hundreds of ...
Tags: Power Battery, electric vehicle