Tag: automotive

Small is beautiful and electric too

They may not have the glamor or the speed of Tesla, but China’s little-known low-speed electric vehicles easily outnumber the hyped US electric car.

Shandong Province has long been a home to various manufacturers of low-speed electric vehicles, such as the Shifeng Diandongche (pictured), which is made by the Shifeng Group . (continue reading…)

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Dongfeng woos Peugeot again

DFMLogo.gifEurope’s car industry is still stuck in reverse gear and the European market is predicted to contract for its sixth consecutive year.  So why would China’s Dongfeng be interested in investing in loss-making French carmaker Peugeot? (continue reading…)

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Dongfeng eyes Peugeot Citroen

DFMLogo.gifDongfeng, China’s second biggest carmaker, may be mulling a stake in troubled French car firm PSA Peugeot Citroen, according to a Chinese state-backed newspaper.

Stranger things have happened of course and there’s no denying that Chinese has eyes on the western car industry, particularly those OEMs with prestigious brands that have fallen on hard times.

(continue reading…)

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China Auto Rental IPO hits the road

For once, a Chinese company plans an IPO with an old-fashioned business model that any investor can understand — auto rentals. (continue reading…)

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Chinese car market stalls

byd-e6-610.jpgCould electric vehicles help recharge China’s sluggish car market? BYD hopes so as it announces Denza, the new marque for electric vehicles produced by its 50:50 JV with Germany’s Mercedes-Benz.

BYD is making a lot of noise about its electric vehicles and clearly hopes a prestigious western partner will win Chinese buyers over to EVs.
(continue reading…)

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