CGTNTag Archive

Overseas car brands have seen a drop in sales in China after the government increased the purchase tax rate for smaller vehicles from 5% to 7.5%. China-produced Ford sales were down at almost 20% year-on-year in the first quarter and sales of locally-produced Hyundai cars were down 15% in the… Continue Reading Chinese domestic car brands are catching up

Chinese automakers are​ seeing fresh opportunities for selling electric vehicles in Brazil. This week two big players in this global market, BYD and GWM announced new business ​ventures into the South American Market. Paulo Cabral reports. Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews Subscribe to CGTN America… Continue Reading Chinese car companies charge into Brazilian market

Even though global sales of new energy vehicles have contracted in recent months, industry heavyweights are still upbeat about the outlook for electric vehicles. Big names such as Audi, Mercedes-Benz and BMW are rolling out their latest NEVs at this year’s Frankfurt Auto Show with the Chinese market on everybody’s… Continue Reading German auto brands produce new NEVs, targeting Chinese market

Chinese companies are planning large investments in Brazil’s electric car sector. #Brazil #China #electricvehicles #investments https://bit.ly/3vTEoMf Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @cgtnamerica source

Electric vehicles are a growing sector of the automotive industry, and as we see more electric cars on our roads, the business behind the technology is working to expand in diverse global markets. That’s happening in Mexico, where a China car brand has seen astonishing growth in recent years. CGTN’s Alasdair… Continue Reading Chinese car brand finds growth in Mexico