Automotive industry in China

Tesla and Chinese carmakers showed off their newest electric models at the Munich auto fair, throwing down the gauntlet to their European rivals as competition in the sector intensifies.

The industry-wide shift towards electric vehicles (EVs) was on full display on the opening day of Germany's biennial IAA mobility show, one of the world's largest.

Chinese electric carmaker Voyah, which is operating under the roof of Dongfeng, has stepped into the Turkish market, bringing the number of Chinese carmakers operating in the local market to six.

Voyah has started to offer its Free model, which sells for 4.55 million Turkish Liras, to Turkish consumers.

Chinese auto makers warned they may have to put the brakes on production if strict COVID-19 curbs in Shanghai persist, with a top Huawei executive also sounding the alarm on April 15 about snarled supply chains.

Automotive production in Turkey, including light commercial vehicles, tractors, and automobiles, totaled 211,877 million units in the first quarter of 2021, a sectoral report revealed on April 12. 

The Automotive Manufacturers Association said that in January-March, the figure had slipped by 10% from a year ago.

Automakers in Turkey produced 106,176 vehicles - including automobiles and commercial vehicles - this January, according to a sectoral report on Feb. 14.

Turkey's auto production fell 3 percent on a yearly basis, said the Automotive Manufacturers Association.

Chinese carmaker Geely has announced that it has reached 80% of its target annual sales. For the first ten months of this year, the company was able to sell a total of 1,088,290 vehicles.

For the third year in a row, Geely's annual sales exceed 1 million units. In October alone, 130,180 vehicles were sold, 14% up from the previous year.

Over the past decade, around 70 million passenger cars have been manufactured worldwide each year. According to detailed information from analysts at statista.com, in 2018, a total of 70,466,000 passenger cars were manufactured in the world.

One of China's largest state-owned automakers has said it will phase out sales of all petrol vehicles by 2025, as Beijing considers taking all fuel-burning cars off the country's roads, news18.com reported. 

One of China's largest state-owned automakers has said it will phase out sales of all petrol vehicles by 2025, as Beijing considers taking all fuel-burning cars off the country's roads.       

China is gearing up to ban petrol and diesel cars, a move that would boost electric vehicles and shake up the world's biggest car market in a country that is plagued by pollution.

The plan would follow decisions by France and Britain to outlaw the sale of such cars and vans from 2040 to clamp down on harmful emissions.