Zhai Shaohui

Jan 10, 2025 | caixinglobal.com | Zhai Shaohui |Ding Yi

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Green lights are turning on for China’s driverless taxi companies. On Dec. 30, Wuhan, the capital of Hubei province, announced that the provincial legislature had approved the city’s new regulations on supporting the development of “intelligent connected vehicles,” and they would go into effect in March 2025.

Dec 10, 2024 | caixinglobal.com | An Limin |Zhai Shaohui |Yu Cong |Ding Yi

Explore the story in 3 minutesChina's auto exporters are currently navigating a significant moment as Western powers, especially the European Union (EU), impose new trade barriers to protect their markets from an influx of Chinese electric vehicles (EVs) [para. 1]. In October, the European Commission approved additional tariffs on Chinese battery-electric vehicles (BEVs) following a yearlong investigation that determined Chinese automakers benefited from unfair state subsidies [para. 2][para. 3].

Dec 10, 2024 | caixinglobal.com | An Limin |Zhai Shaohui |Yu Cong |Ding Yi

Explore the story in 3 minutesChina's automotive exporters, particularly in the electric vehicle (EV) sector, are facing significant challenges as Western nations implement tariffs to protect their markets. The European Commission has finalized additional tariffs ranging from 7.8% to 35.3% on battery-electric vehicles (BEVs) from China, attributing this to unfair advantages from state subsidies.

Dec 5, 2024 | caixinglobal.com | Zhai Shaohui |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Fierce competition in China’s auto market has prompted GAC Group announced Tuesday that it plans to transfer an 18.82% stake in its loss-making battery unit to its controlling shareholder GAC Industry Group for over more than1.3 billion yuan ($179 million), it announced Tuesday. The move aims to , aiming to improve the group’s profitability amid pressure from China’s competitive auto market.

Dec 3, 2024 | caixinglobal.com | Zhai Shaohui |Ding Yi

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x As government support has been pivotal in the meteoric rise of new-energy vehicles (NEVs) in China, some traditional carmakers are complaining that they aren’t competing on a level playing field with their NEV counterparts. The country’s passenger car industry saw a milestone in July.