As more vehicles go electric around the world, Chinese factories producing EV-related equipment are now busy like never before. Industry data shows that in October, China exported a record 109,000 electric and other new energy vehicles, up 81 percent from a year ago. To keep up with that soaring global… Continue Reading China's auto equipment makers rev up on global EV boom

China’s flying car sector is taking off lately with several autonomous aerial vehicles, or AAVs debuting on the global market. The country began incorporating flying car R&D into the country’s official development plan, hoping to establish a manned and unmanned aviation transportation system by 2035. __________________ ShanghaiEye focuses on producing… Continue Reading Real flying cars: China's AAVs taking off on global market

Logistics firms in China are turning to electric light-duty trucks for business in recent years, as they are cheaper and more cost effective than gas vehicles. Meanwhile, country’s auto makers are ramping up production in product development. According to the China Automobile Dealers Association, in the first three quarters the… Continue Reading China's auto industry in the midst of electric revolution for commercial vehicles

President Vladimir Putin said on Wednesday (June 22) that Russia was in the process of rerouting its trade and oil exports towards countries from the BRICS group of emerging economies in the wake of Western sanctions over Ukraine. __________________ Powered by Shanghai Media Group, ShanghaiEye focuses on producing top-quality content… Continue Reading Russia's Putin hails Indian supermarkets and Chinese cars when addressing BRICS business forum

Auto sales have started to recover in China as the shortage of semiconductors used in vehicles eases, despite supplies still being tight overall. The China Securities Journal is reporting that many interviewed buyers can now purchase most of popular models on the spot from dealerships, and that waiting times for… Continue Reading Signs of global chip shortage seen easing as China's auto sales start to recover