The first freight train of the Lancang-Mekong Express will depart Kunming, China on January 10, 2022, for the 26-hour journey to Vientiane, the capital of Laos. China News Service | China News Service | Getty Images BEIJING – Over the past two years, China has announced the opening of new freight trains, and cross-border railways…
A sign marks the location of a Tesla dealership on April 19, 2023 in Schaumburg, Illinois. Scott Olson | Getty Images Check out the companies making the biggest moves in premarket trading: Tesla — The electric vehicle maker tanked about 7% after reporting net income and earnings that fell more than 20% from last year….
Alongside Giri, Baidu’s electric vehicle venture, Jidu, unveiled its first concept car on June 8, 2022. Baidu Beijing — Chinese companies are competing for some of the world’s largest car markets, so they are betting heavily on assistive driving technology. China sold nearly 21.5 million passenger cars last year. According to industry data accessed from…
A WeRide robotaxi with health supplies heads to Liwan district on June 4, 2021, in the southern Chinese city of Guangzhou. Southern Metropolis Daily | Visual China Group | Getty Images BEIJING — While governments may be wary of driverless cars, people want to buy the technology, and companies want to cash in. It’s a…
Beijing- NioThe biggest challenge right now is to make sure the supply chain is stable, CEO William Li told CNBC. Chinese electric car makers have had to increase their bills to their customers due to soaring raw material prices. When Covid’s management in April made Nio unable to obtain parts from its suppliers, The company…