China Anchors Global Auto Industry Shift, Says Magna Executive
Magna China president highlights China’s pivotal role in automotive innovation and urges global industry engagement amid EV and smart tech advancements.
News & Insights Across Asia
Magna China president highlights China’s pivotal role in automotive innovation and urges global industry engagement amid EV and smart tech advancements.
China’s annual production of new energy vehicles (NEVs) has surpassed 10 million units for the first time, marking a historic milestone in the nation’s accelerated drive toward a greener future.
Anticipating the seventh CIIE and HQF, exploring goals to understand China’s auto industry and reassess global tech innovation.
China’s auto industry reports steady growth in the first nine months of 2024, with vehicle production and sales increasing due to government incentives and new model launches, according to CAAM data.
China’s automobile industry has expressed strong opposition to measures under the U.S. Inflation Reduction Act, calling them discriminatory and harmful to global trade, and has filed a WTO complaint.
At the Beijing Auto Show, XPENG Motors CEO He Xiaopeng predicts rapid adoption of intelligent vehicles in China over the next decade, highlighting AI’s transformative role in the industry.
XPENG CEO He Xiaopeng predicts rapid growth of intelligent vehicles in China over the next decade, seeing AI integration as a transformative opportunity for the industry and a path for China to go global.
Xiaomi launches its first electric vehicle, the SU7 series, receiving over 50,000 pre-orders within 27 minutes. The feature-packed EV redefines connectivity and offers a competitive alternative in the market.