Imagine being in a car that takes you from one place to another while you work (or sleep) in the rear seat. You'd just input an address and the car would find the best route to get there, and then drive to that destination. The car would even be capable of leaving you exactly where you wanted to go and then continue alone to park in the nearest available spot.
With the car-hailing industry gaining in popularity, many are wondering if they need to buy their own cars.
Geely Automobile Holding has opted to sell its interests in micro-sized electric carmaker Zhidou, to enable the company to operate as an independent entity as a prerequisite to get listed in the nation's new energy vehicle catalog.
Volkswagen will spend about $10.2 billion to settle an emissions cheating scandal in the United States that has turned into one of the largest cases of corporate deception in the nation's history.
International carmakers' profits in the Chinese market have plunged, with rising competition from local players forcing foreign auto giants to give heavy discounts, resulting in a loss of pricing power.
A senior auto expert called for China's fast-growing new-energy vehicle industry to decelerate, a rare move amid the government's campaign to stimulate the sector nationwide.
US electric-car maker Tesla Motors Inc is accelerating the rollout of its network of power-charging posts in China.
Chinese officials are seeking to provide incentives to people to switch from ordinary cars to electric cars.
The explosive growth of new energy vehicle (NEV) sales in China is expected to push up demand for lithium batteries and lithium products over the next few years, analysts say.
Legend Holdings Corp, the major shareholder of the world's biggest PC maker Lenovo Group Ltd, has invested in the first round of financing for the electric-vehicle project of Le Holdings Co Ltd.
Jaguar Land Rover started recalling 11,282 vehicles in China on Thursday due to defective crankshaft sensors, the top quality watchdog said.
China's electric car maker BYD on Thursday signed a framework agreement to take part in lithium resource mining in Salt Lake in northwest China's Qinghai province.
BAIC Motor Corp Ltd has become the biggest partner of Daimler's Mercedes-Benz brand in China. That's after a share restructuring of the German manufacturing base in eastern China.
Volkswagen will recall 5,462 vehicles due to defective sunroofs, China's quality watchdog said on Wednesday.
Jinqiao Group denied on Tuesday that it had signed a memorandum of understanding with Tesla Motors Inc to build Tesla production facilities in Shanghai.
Deloitte China has studied mergers and acquisitions in the automotive industry in recent years, and has come up with the 10 largest of Chinese companies by value.
One in every two vehicles made in the US is equipped with components made in Wanxiang's US plants. It has operations in 26 US states and employs more than 13,500 people.
US electric car maker Tesla Motors Inc clarified on Tuesday that it has not signed a 30 billion yuan ($4.5 billion) jointly investment agreement with Shanghai local company on building its production facilities in the city.
Volkswagen China said on Monday that it expects electric vehicles to account for up to 25 percent of its total auto production by 2025.
State-owned enterprise BAIC is to produce vehicles in Mexico next year to further expand and strengthen its global presence.
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