SAIC Motor’s Roewe marque showcases the D7 DMH plug-in hybrid sedan at the 2024 Beijing auto show in April. [Photo provided to China Daily] Plug-in hybrid vehicles are expected to gain in popularity over the forthcoming decade, which has prompted overseas carmakers to turn to Chinese brands for their expertise, said company executives and industry … Continue reading Foreign brands seek Chinese expertise as popularity of plug-in hybrids soars
Tag: hybrids
Investments forecast to hit profits at Toyota
Toyota showcases its electric car at the second China International Import Expo in November. [Photo by Li Fusheng/China Daily] Toyota Motor forecast a 20 percent profit decline in the current financial year on Wednesday, citing looming investment in both its suppliers and strategy after it delivered blockbuster fourth-quarter earnings. Despite the leaner forecast, the results … Continue reading Investments forecast to hit profits at Toyota