article thumbnail

Chery's NEV unit cuts vehicle prices by up to 10%

CN EV Post

In January-February, Chery's NEV sales were 13,293 units, down 57.6 Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. For Chery, its performance at the beginning of the year was weak.

Chery 112
article thumbnail

China Needs More Ships to Handle Its Rapidly Growing EV Exports

The Truth About Cars

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades.

China 105
article thumbnail

Eaton Supercharger Debuts in China on Three New Chery Engines

Green Car Congress

Eaton Corporation’ superchargers will make their debut in China on selected new engines on three vehicle models from Chery Automobile Co., the country’s leading independent automaker: Chery 1.6S Eaton designs and manufactures precision Roots-type positive displacement superchargers for highly specific automotive applications.

Eaton 199
article thumbnail

China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. China Daily. of the total.

article thumbnail

Ricardo signs new contract with China’s Xingrui for 6-speed transmissions

Green Car Congress

Ricardo has signed a contract to assist Anhui Xingrui Gear Company on a detailed design review and technology assessment, with the aim of helping the Chinese Tier 1 manufacturer to improve the efficiency and shift quality of its transmission products. Formed in 1966, Xingrui is a manufacturer of transmissions for the Chinese auto industry.

Chery 218
article thumbnail

China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of Automobile Manufacturers (CAAM). Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry.

article thumbnail

China’s JAC plans Aussie push with EV ute benchmarked against Rivian R1T

EV Central

Pecotic, a China auto industry veteran, has had a previous stint with JAC when it briefly sold a diesel truck here a decade ago, as well as WMC (Foton) utes and MG, which is part of Chinese manufacturing giant SAIC. Chery launches within months with the Omoda 5 SUV, while the GWM Ora and Tank brands should also arrive in 2023.