Auto


Toyota eyes EVs for half of global sales

TOYOTA said yesterday it wanted half of its global sales to come from electric-powered vehicles by 2030, as the industry strives to meet toughening environmental regulations. Electric-powered vehicles ...

December 14, 2017, Thursday


3,000 electric SUV cars for rent

SHANGHAI residents will be able to rent 3,000 electric SUV rental cars from yesterday, EVCard, one of the country’s biggest hourly car rental operators, said. The new Roewe ERX5 cars will benefit family ...

December 14, 2017, Thursday


VW sees cash outflows in scandal

The logo of German carmaker Volkswagen seen at a US dealer. Volkswagen expects cash outflows of 4-5 billion euros (US$4.7-$5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the carmaker’s Chief Financial Officer Frank Witter told journalists yesterday. Dieselgate has so far cost the company more than 25 billion euros and contributed to a strategy shift in the sector toward electric vehicles, with most manufacturers having announced far-reaching investment packages. — AFP...

December 12, 2017, Tuesday


Annual NEV sales set to beat 800,000

CHINA reported brisk sales of new energy vehicles in November, with annual sales set to exceed 800,000, as the government’s eco-friendly policy shows effect. Sales of China’s new energy vehicles surged ...

December 12, 2017, Tuesday


US-based VW exec sentenced

A US-based Volkswagen AG executive who oversaw emissions issues was sentenced to seven years in prison and fined US$400,000 by a judge on Wednesday for his role in a diesel emissions scandal that has cost...

December 8, 2017, Friday


Ford ties up with Alibaba

Ford Motor Company and Alibaba Group yesterday signed a letter of intent to collaborate strategically in mobility services, connectivity, cloud computing, artificial intelligence and digital marketing...

December 8, 2017, Friday


Ford to join Alibaba to sell cars via Tmall and ‘auto vending machines’

FORD Motor Co is expected to sign a deal with Alibaba Group Holding Ltd which may allow the US automaker to test selling cars to consumers in China through Alibaba’s online retail arm Tmall, as well as ...

December 7, 2017, Thursday


Nissan eyes field tests for ‘robot taxis’ early 2018

Nissan said yesterday it would begin field tests for driverless “robot taxis” early next year as its rivals around the world step up self-driving technologies....

December 6, 2017, Wednesday


Ford’s China revenue to rise 50%

Ford Motor Company said yesterday the company expects to boost China revenue by 50 percent by 2025 compared with this year through further expanding domestic production and launching over 50 new vehicles...

December 6, 2017, Wednesday


R&D hub to help lift business

FRENCH auto-parts maker Faurecia expects to grow its business further in China as it opened a research and development center in Shanghai yesterday. “The research and development center represents our ...

November 30, 2017, Thursday




 

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