Industry

Gas-to-electric cab conversion in Beijing brings opportunity worth 9 bln yuan

All newly added or replaced taxies in the city of Beijing will be converted from gasoline to electricity. This is expected to create a market worth nine billion yuan (1.3 billion US dollars).

Hydrogen energy strongly backed in Dalian

NE China's Dalian launched a hydrogen fuel cell and hydrogen energy auto program on Tuesday, aiming to introduce the world's most advanced technology and accomplishing industrialization.

New regulation expected to give auto dealers more freedom

Auto dealers are expected to get more freedom when conducting business with the release of the new Management Methods on Automobile Sales. 

Methanol-fueled commercial vehicle gains policy boost again

Methanol-powered commercial vehicles recently got a policy boost, but more efforts should be made to boost its development.

Companies

French carmaker PSA sees sharp rise in net income last year

Driven by rebounding global demand and improvement in operating efficiency, the PSA Group saw its net income rise by 79 percent to 2.14 billion euros (2.25 billion US dollars) last year.

Huawei seeking driver's seat in industry

Huawei Technologies Co Ltd is reportedly testing its self-driving prototype car, as the telecom equipment and smartphone maker joins the ranks of Google Inc and Baidu Inc to gain a lead in the red-hot industry.

Changan Ford opens fifth factory in China

Changan Ford recently inaugurated its fifth factory in China. The new plant is designed to produce 200,000 vehicles annually.

Saikawa to replace Ghosn as Nissan's CEO

Carlos Ghosn will step down as Nissan's chief executive officer and the company's co-CEO Hiroto Saikawa will become the automaker's sole CEO, the carmaker said Thursday.

Geely to bid for stake in Malaysian carmaker Proton

Zhejiang Geely Holding Group is poised to expand its presence in the Southeast Asian car market, as it prepares to bid for a strategic partnership with Malaysian carmaker Proton Holdings Bhd.

Hyundai gives boost to core tech, self-driving cars with new research centers

Hyundai Motor has launched new research centers to give a strong boost to its development of core technologies and autonomous driving system, according to its statement released Tuesday.

BYD electric taxi fleet to start engines in Singapore

BYD has supplied 100 electric taxis to a new company which is launching its operations in Singapore on Feb 24, bringing the nation its first fully-electric taxi fleet. 

China's automakers FAW, Dongfeng to co-build innovation center

FAW Group Corp. and Dongfeng Motor announced last Friday plans for a joint innovation center. The center will explore smart connectivity, fuel cells and lightweight technologies.

Audi to introduce 13 new models in China

Audi will introduce up to 13 new models in China to meet diverse customer demand. Six Audi e-tron models will be produced locally in the country over the next five years.

Email: lansuying@nbd.com.cn