Seres NEV sales up 508% in July

Seres sees its 400,000th AITO-branded vehicle roll off the assembly line in Chongqing on July 29, 2024. [Photo provided to chinadaily.com.cn] Seres sold 42,176 new energy vehicles in July, up 508 percent from the same month last year, said the Chinese vehicle maker on Thursday. Its sales in July brought total deliveries in the first … Continue reading Seres NEV sales up 508% in July

US automakers pump the brakes on EV plans

A tire rim on a vehicle at a Ford Motor Co dealership in Colma, California, US, on Feb 1, 2021. [Photo/VCG] Ford Motor outlined plans on Thursday to use a Canadian plant it had earmarked for a future electric vehicle to instead build larger, gasoline-powered versions of its flagship F-Series pickup truck. Ford had already … Continue reading US automakers pump the brakes on EV plans

Airbus delivers 700th A320 in Tianjin

The assembly line of the Airbus A320 family aircraft in Tianjin. [Photo/Xinhua] European aircraft manufacturer Airbus has delivered its 700th A320 family aircraft assembled at its final assembly line in Tianjin, indicating the plane maker’s long-term commitment to China, its largest single-country market. The aircraft, an A320neo with 180 economy class seats, was handed over … Continue reading Airbus delivers 700th A320 in Tianjin

Hozon deepens cooperation with CITIC

Neta employees celebrate as the startup’s 400,000th vehicle rolls off the assembly line in Zhejiang province in March 2024. [Photo provided to chinadaily.com.cn] Hozon, parent company of Chinese NEV startup Neta, inked deals with CITIC Group subsidiaries on Wednesday to deepen their comprehensive cooperation. The Shanghai branches of China CITIC Bank and CITIC Securities will … Continue reading Hozon deepens cooperation with CITIC