“At present, we are witnessing how the markets are collapsing overnight.” That was how ZF CEO Wolf-Henning Scheider described the suddenly deteriorating global auto market at the German supplier giant’

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BEIJING – China saw a gushing new energy bus market in July with monthly sales exceeding 10,000 units, as stimulated by the new energy bus subsidy policy which expired in August.

FRANKFURT – A Chinese smart EV startup, an iconic brand from the “cradle” of China’

FUZHOU, Fujian – More than 2,000 prospective Chinese customers have put down a deposit of ¥20,000 for the Porsche Taycan and about three-quarters of those are new to the brand, according to Dr. -Ing.

If the 1,200 or so attendees came to the International Forum (TEDA) on Chinese Automotive Industry Development (IFCAID) held in Tianjin on August 30-September 1 expecting new policy signals or directions from government officials that spoke at the event, they probably left very disappointed.

LOS ANGELES – In yet another surprising move, Dr. Carsten Breitfeld, former chairman and CEO of Chinese smart EV startup Byton, has joined California-based EV startup Faraday Future (FF) as global CEO.

TIANJIIN – China will continue to stick with the battery electric vehicle (BEV) technology route as the primary driver of the country’


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