China's new 10-year new-energy vehicle development plan has more objective, practical goals than the one released in 2012, after NEV sales in the first quarter accounted for only 5 percent of this year's original target. The Ministry of ...
Chinese carmaker Beijing Auto International Cooperation (BAIC) is betting big on Malaysia to promote it as the hub for electric vehicles to tap the Southeast Asian market. BAIC has already inked a cooperation pact to this effect with ...
Tags: Electric Vehicle, BAIC, electric vehicles
Mercedes-Benz has commenced production of first locally build compact car, the GLA, at its new facility in Beijing, China. Covering 1.5 million m2 area, the facility has been built within less than three years with an investment of ...
Tags: Mercedes-Benz, Compact Car
The automobile industry has officially become the latest battleground for China's three Internet giants after Tencent Holdings Ltd announced a foray into smart cars. The owner of China's most widely used instant messaging app WeChat has ...
Tags: Auto Market, Automobile Industry
It is reported by Indian Economic Times that the new administration pays more attention on infrastructure construction and Beiben considers to re-enter the market with new trucks. The great potential of Indian market attract many China ...
Tags: Indian market, China auto makers, SAIC, Trucks
A 1,200-kilometer highway that links two of China's biggest cities is being equipped with a charging system for electric vehicles, a big sign of improvement in the development of such facilities. Despite a number of measures taken by the ...
On December 19, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. announced that its net asset value is expected to increase by an estimated RMB 3.4 billion ($0.55 billion) due to its holding company BAIC Motor Corporation Ltd ...
Tags: steelmaker, Metallurgy
BAIC Foton Motor released the sales reports in August. On sales volumes: they sold 31165 vehicles in August, down 35.28% over last year, among which, 6362 medium and heavy trucks were sold, down 32.43% over last year, and 21268 light ...
Tags: Heavy Trucks, medium trucks
As the development pace is slowing down in China, BAIC Foton is exploring overseas markets, and it is learned from Foton Daimler that their first overseas plant will be built in India in the end of this year, and then they will explore ...
Tags: Foton, Overseas, Transportation
With the sales of commercial vehicles decreasing in China, Foton speeds up their overseas strategy. It is learned from Foton Daimler Open Day that their first overseas plant with sole proprietorship will start to build in India in the end ...
Tags: Transportation, car, auto
In the presence of Germany’s Chancellor Dr. Angela Merkel and the Chinese State President Xi Jinping, Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC Group) today signed an agreement on the further ...
Tags: Daimler, BAIC, Mercedes-Benz
German automaker Daimler has acquired a 12% stake in its Chinese partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group). This transaction marks the first investment by a non-Chinese automotive company in a ...
Tags: Daimler, Chinese BAIC Motor
It is learnt from Chengde city that Foton Spare Part Forging Center Phase One project in Shuangluan District has come to mass production and start delivery. The production is around 200 boxes per day or 2000t per month. The production value ...
Automotive parts supplier ZF Friedrichshafen has commenced production at its new EUR15m passenger car axle systems plant in Beijing, China. The company will assemble several 10,000 passenger car axle sets annually for its client Beijing ...
Tags: Passenger Car, Axle Systems Plant
Automotive driveline components manufacturer GKN Driveline has broken ground on the expansion of its CVJ systems production plant in Chongqing, China. For this expansion, GKN Chongqing Driveshaft (GDC), a joint venture by GKN, Shanghai ...