Company among many closing up shop, although new players are emphasizing quality service
Despite the rocketing growth of electric vehicle ownership in China in the past two years, the lack of a matched boost in charging facilities and power supply have become a bottleneck restricting the future development of the industry.
Volkswagen AG will stop producing its flagship Phaeton sedan by the end of March, halting its effort to make inroads into the luxury car segment.
The Changchun National High-tech Industrial Development Zone in Jilin province is taking measures to attract global talent to the region.
The State-level Zengcheng Economic and Technological Development Zone in Guangzhou, Guangdong province, is pinning high hopes on a new incubation park, expecting it to become a model zone for industrial and technical innovation and a new base for Sino-foreign cooperation.
Sino-foreign cooperation projects for innovation in the Dream Incubator of Overseas Chinese are expected to lay a solid foundation for the industrial park's development.
Plan shifts focus from buyers to care of charging infrastructure
Those who believe in feng shui are convinced that certain names bring good luck, but experts say the mysterious Chinese philosophy will not work when it comes to automakers' market value.
Chinese automakers well-positioned as they bid to continue driving forward over next five years, Hao Yan report
US automaker Ford said it will invest $4.5 billion in electrified vehicle solutions by 2020, its largest-ever electrified vehicle investment in a five-year period.
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