article thumbnail

Chinese Government think tank calls for refocusing auto industry on environment-friendly and energy-saving targets

Green Car Congress

Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 million units in the months through September, as lower-priced automobiles have become more affordable for better-off Chinese people, according to data released by the China Association of Automobile Manufacturers (CAAM) on Oct.

article thumbnail

Musk’s big win in China: Tesla clears data security, full self driving hurdles for locally-made cars – ET Auto

Baua Electric

This is according to the China Association of Automobile Manufacturers. Meanwhile, Reuters reported citing sources that Baidu, a prominent Chinese internet search company, has reportedly struck a deal with Tesla, allowing the car manufacturer access to its mapping license for gathering data on public roads in China.

China 52
article thumbnail

ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. ZAP intends to acquire the remaining 49% of Jonway Automobile following completion of the first phase and following final regulatory approval. million in cash.

China 218
article thumbnail

Why Did Trump Propose a 100-Percent Tariff on Mexican Auto Imports?

The Truth About Cars

Earlier this week, Donald Trump suggested that he would impose a 100 percent tariff on select automobiles manufactured in Mexico — sending the industry into a minor tizzy. Having done some digging into the matter, Trump only appears to be targeting Chinese vehicles being manufactured south of the border. Think of it.

Auto 111