Trade News - Page 2 of 63 - Auto in China

Mercedes Aims for Complete Electrification in Malaysia by 2030
2023-08-17 Trade News
Luxury automaker Mercedes-Benz Group has set its sights on Malaysia as a key market, with ambitious plans to electrify its entire vehicle lineup within the country by the year 2030. Earlier this year, Mercedes-Benz achieved the milestone of becoming the first automaker to introduce locally-produced electric vehicles in Malaysia. [caption…
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VinFast, Vietnam’s Electric Vehicle Manufacturer, Goes Public on Nasdaq Amid Investor Concerns of a Bubble
2023-08-17 Trade News
VinFast Auto, a prominent electric vehicle manufacturer from Vietnam, has successfully concluded its merger with the special purpose company Black Spade Acquisition Co (NYSE: BSAQ) and has debuted on the NASDAQ stock exchange in the United States. This strategic merger has positioned VinFast with an approximate valuation of $27 billion,…
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China Tops Global Auto Export Rankings in First Half of the Year, Sparks Interest in Car Circles
2023-08-14 Trade News
In the latest trending topics in the automotive world, new energy vehicles (NEVs) are capturing significant attention. BYD has achieved a remarkable milestone by becoming the first car company worldwide to roll out 5 million NEVs from its assembly line. Changan Ford is making waves with its intention to establish…
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Chinese New Energy Car Companies Spearheading Middle East Market Expansion
2023-08-10 Trade News
It might sound improbable, but an extraordinary transformation is unfolding right now in one of the world's least oil-dependent regions. Across bustling metropolises like Dubai and Abu Dhabi, in the heart of the Middle East, an unexpected phenomenon has emerged. The most sought-after parking spots at every shopping center are…
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Nio Denies Rumors of Mercedes Partnership, Setting the Record Straight
2023-08-09 Trade News
Nio (NYSE: NIO) has swiftly debunked recent speculations of a partnership with Mercedes-Benz, emphasizing that the circulating rumors are devoid of truth. The assertion came in response to a series of events that triggered discussions about a potential collaboration between the two companies. [caption id="attachment_5096" align="aligncenter" width="1200"] (Image: NIO ET7)[/caption]…
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2023 China Retakes the Lead in Auto Exports, Surpassing Japan in the First Half of the Year
2023-08-07 Trade News
Following its groundbreaking achievement of becoming the world's largest automobile exporter, surpassing Japan in the first quarter of this year, China has continued to exhibit strong momentum in automobile exports throughout the first half of 2023, solidifying its position as the world's leading exporter. Data from the General Administration of…
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