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Tag: automakers

NVIDIA deepens ties with Chinese firms despite US restrictions

wangxiao03/21/20240

Despite Washington\’s relentless efforts to restrict the development of the Chinese chip industry, US chipmaker NVIDIA said on Monday that it is expanding collaboration with Chinese enterprises. Expert

Commentary: Europe, China could be partners for boosting electrification in auto industry

wangxiao03/11/20240

People visit the booth of Chinese carmaker Xpeng during the 2023 International Motor Show, officially known as the IAA MOBILITY 2023, in Munich, Germany, Sept. 5, 2023. The IAA MOBILITY 2023, one of t

Washington\’s discriminatory subsidy policy on EV production bound to backfire

wangxiao02/04/20240

BEIJING, Feb. 2 (Xinhua) — In a recent letter submitted to the U.S. government, Hyundai Motor Group complained that it is impractical to immediately remove foreign entities of concern (FEOCs) from th

China\’s auto exports hit record high in 2023

wangxiao01/11/20240

BEIJING, Jan. 11 (Xinhua) — China\’s auto exports surged 57.9 percent year on year to a record high of 4.91 million vehicles in 2023 as the country\’s automakers expanded their presence overseas, indus

China\’s BYD, Geely share 46.6 pct of Israel\’s EV sales in Jan.-Nov.

wangxiao12/27/20230

JERUSALEM, Dec. 3 (Xinhua) — Two major Chinese car brands, BYD and Geely, accounted for 46.6 percent of the gross sales of electric vehicles (EV) in Israel in the first 11 months of 2023, according t

UAW reaches tentative agreement with GM

wangxiao12/27/20230

CHICAGO, Oct. 30 (Xinhua) — The United Auto Workers (UAW) has reached a tentative agreement with General Motors (GM) Co., local media reported Monday.
With the new deal, UAW has reached tentative agr

Impact of U.S. auto workers\’ strike spreads to auto suppliers

wangxiao09/26/20230

CHICAGO, Sept. 25 (Xinhua) — U.S. auto suppliers are struggling and have started layoff warnings after being hit hard by UAW\’s strikes against the Big Three.
U.S. auto supplier Eagle Industries Inc.

China\’s Sunwoda to build battery plant in Hungary

wangxiao07/28/20230

BUDAPEST, July 27 (Xinhua) — China\’s Sunwoda Electric plans to build a power battery factory for electric vehicles with an investment of 580 billion Hungarian forints (1.7 billion U.S. dollars) in Ny

Traditional auto base rides NEV wave

wangxiao02/23/20230

WUHAN, Feb. 23 (Xinhua) — In the city of Shiyan, one of China\’s automobile manufacturing hubs, a factory is operating at full capacity, producing a car every two minutes, and the demand for their veh

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