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CHINA TRANSPORT

epa11315713 A Zeeker 007 electric car is plugged to a charger at the 2024 Beijing International Automotive Exhibition in Beijing, China, 03 May 2024. 2024 Beijing International Automotive Exhibition will be held until 04 May 2024. EPA/ANDRES MARTINEZ CASARES

CHINA AUTOSHOW CAR EXPO

epa10580081 People pass by the BYD company booth, during the second press day of the 20th Shanghai International Automobile Industry Exhibition, in Shanghai, China, 19 April 2023. The 20th Shanghai International Automobile Industry Exhibition will be held from 20 to 27 April. The Shanghai Auto Show will feature over 1000 exhibitors, 100 new models, and 70 new electric vehicles. According to the organisers, the show will highlight intelligence, electrification, and digitalisation of carmakers innovations. EPA/ALEX PLAVEVSKI

CHINA AUTO XIAOMI

Xiaomi founder Lei Jun shows off the multiple colours of the SU7, a sporty four-door sedan, during a launch event in Beijing, Thursday, March 28, 2024. Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country's booming but crowded market for electric cars. (AP Photo/Ng Han Guan)

FILES-CHINA-EU-EVS-TRADE-CARS

(FILES) A BYD 07 EV model electric car is displayed at the Beijing Auto Show on April 25, 2024. The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe. (Photo by Pedro PARDO / AFP) (KEYSTONE/AFP/PEDRO PARDO)

CHINA TRANSPORT

epa11336406 BYD electric cars on display in a BYD showroom in Beijing, China, 13 May 2024. China's vehicle sales grew by 9.3 percent from the prior year to 2.36 million in April 2024, after a 9.9 percent increase in the previous month, the China Association of Automobile Manufacturers said. New energy vehicle sales accounted for 43.5 percent of total car sales in April. EPA/WU HAO

CHINA-GUANGDONG-SHENZHEN-HI-TECH FAIR-OPENING (CN)

(231115) -- SHENZHEN, Nov. 15, 2023 (Xinhua) -- People learn about a new energy car at the exhibition booth of Voyah, a Chinese luxury electric auto brand, during the 25th China Hi-Tech Fair (CHTF) in Shenzhen, south China's Guangdong Province, Nov. 15, 2023. The 25th China Hi-Tech Fair (CHTF) kicked off here Wednesday, attracting 4,925 exhibitors from 105 countries and regions. (Xinhua/Liang Xu) (KEYSTONE/XINHUA/Liang Xu)

CHINA AUTOSHOW CAR EXPO

epa10580091 People walk at the LINK&CO company booth, during the second press day of the 20th Shanghai International Automobile Industry Exhibition, in Shanghai, China, 19 April 2023. The 20th Shanghai International Automobile Industry Exhibition will be held from 20 to 27 April. The Shanghai Auto Show will feature over 1000 exhibitors, 100 new models, and 70 new electric vehicles. According to the organisers, the show will highlight intelligence, electrification, and digitalisation of carmakers innovations. EPA/ALEX PLAVEVSKI

This photo taken on January 9, 2021 shows the NIO ET7, the flagship sedan for the Chinese electric car manufacturer, during its launch ceremony in Chengdu, in China's southwest Sichuan province. (Photo by STR / AFP) / China OUT (KEYSTONE/AFP/STR)

YE CHINA'S BACK

FILE - A man looks at the electric Han EV sedan from Chinese automaker BYD during the Auto Shanghai 2023 show in Shanghai on April 19, 2023. (AP Photo/Ng Han Guan, File)

FILES-CHINA-EU-EVS-TRADE-CARS

(FILES) A BYD 07 EV model electric car is displayed at the Beijing Auto Show on April 25, 2024. The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe. (Photo by Pedro Pardo / AFP) (KEYSTONE/AFP/PEDRO PARDO)

CHINA AUTO SHOW

Chen Hao, vice president of Dongfeng Nissan, speaks as the company presents its Ariya electric SUV at the Beijing International Automotive Exhibition, also known as Auto China, in Beijing, Saturday, Sept. 26, 2020. Auto China 2020, postponed from March, is the first major trade show for any industry since the pandemic began as automakers are looking to China, the first major economy to start recovering from the coronavirus pandemic, to drive sales growth and reverse multibillion-dollar losses. (AP Photo/Mark Schiefelbein)

This photo taken on January 9, 2021 shows NIO CEO William Li introducing the NIO ET7, the flagship sedan for the Chinese electric car manufacturer, during its launch ceremony in Chengdu, in China's southwest Sichuan province. (Photo by STR / AFP) / China OUT (KEYSTONE/AFP/STR)

TOPSHOT-CHINA-ECONOMY-AUTOMOBILE

TOPSHOT - This photo taken on April 18, 2024 shows BYD electric cars for export waiting to be loaded onto a ship at a port in Yantai, in eastern China's Shandong province. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

TOPSHOT-CHINA-ECONOMY-AUTOMOBILE

TOPSHOT - This photo taken on April 18, 2024 shows BYD electric cars for export waiting to be loaded onto a ship at a port in Yantai, in eastern China's Shandong province. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

FILES-CHINA-EU-EVS-TRADE-CARS

(FILES) BYD electric cars waiting to be loaded onto a ship are seen stacked at the international container terminal of Taicang Port in Suzhou, in China's eastern Jiangsu province on February 8, 2024. The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe. (Photo by AFP) / China Out (KEYSTONE/AFP/STR)

FILES-CHINA-EU-EVS-TRADE-CARS

(FILES) The photo taken on January 10, 2024 shows electric cars for export waiting to be loaded on the "BYD Explorer NO.1", a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong province. The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

CHINA-ECONOMY-TRANSPORT

The photo taken on January 10, 2024 shows BYD electric cars for export waiting to be loaded on the "BYD Explorer NO.1", a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong province. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

CHINA AUTO SALES

An aerial view of new passenger cars are seen at a logistics center of Changan Auto in southwestern China's Chongqing Municipality on Sunday, Oct. 15, 2023. Sales of passenger cars rose 10.2% in October over a year earlier, an industry association said Wednesday, Nov. 8, as makers ramped up promotions and customers opted for electric and hybrid vehicles. (Chinatopix Via AP)

CHINA AUTO SALES

An aerial view of new passenger cars are seen at a logistics center of Changan Auto in southwestern China's Chongqing Municipality on Oct. 15, 2023. Sales of passenger cars rose 10.2% in October over a year earlier, an industry association said Wednesday, Nov. 8, as makers ramped up promotions and customers opted for electric and hybrid vehicles. (Chinatopix Via AP)

CHINA AUTO SALES

An aerial view of new passenger cars are seen at a logistics center of Changan Auto in southwestern China's Chongqing Municipality on Oct. 15, 2023. Sales of passenger cars rose 10.2% in October over a year earlier, an industry association said Wednesday, Nov. 8, as makers ramped up promotions and customers opted for electric and hybrid vehicles. (Chinatopix Via AP)

CHINA AUTO SALES

An aerial view of new passenger cars are seen at a logistics center of Changan Auto in southwestern China's Chongqing Municipality on Sunday, Oct. 15, 2023. Sales of passenger cars rose 10.2% in October over a year earlier, an industry association said Wednesday, Nov. 8, as makers ramped up promotions and customers opted for electric and hybrid vehicles. (Chinatopix Via AP)

CHINA-ECONOMY-AUTOMOBILE

In this photo taken on September 11, 2023, BYD electric cars waiting to be loaded on a ship are stacked at the international container terminal of Taicang Port at Suzhou Port, in China's eastern Jiangsu Province. (Photo by AFP) / China OUT (KEYSTONE/AFP/-)

FILES-CHINA-EU-EVS-TRADE-CARS

(FILES) BYD electric cars waiting to be loaded onto a ship are seen stacked at the international container terminal of Taicang Port in Suzhou, in China's eastern Jiangsu province on February 8, 2024. The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric car imports from next month after an anti-subsidy probe. (Photo by AFP) / China Out (KEYSTONE/AFP/STR)

CHINA-ECONOMY-TRANSPORT

The photo taken on January 10, 2024 shows electric cars for export waiting to be loaded on the "BYD Explorer NO.1", a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong province. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

CHINA ECONOMY ELECTRIC CAR

epa10974398 People work in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA-EFE/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974406 A man welds in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974402 A man welds in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974397 People work in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974401 People work in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974405 A person works in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974404 People work in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974403 A man works in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974399 A woman works in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974398 People work in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974400 A man works in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974393 A man works in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974395 A man works in BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

This photo taken on January 9, 2021 shows the NIO ET7, the flagship sedan for the Chinese electric car manufacturer, during its launch ceremony in Chengdu, in China's southwest Sichuan province. (Photo by STR / AFP) / China OUT (KEYSTONE/AFP/STR)

CHINA AUTO SHOW

Models pose near the latest offering from Chinese automaker BYD during the Auto Shanghai 2023 show in Shanghai, Wednesday, April 19, 2023. Auto Shanghai 2023 reflects the intense competition in China's fast-growing electric vehicle market after the ruling Communist Party poured billions of dollars into promoting the technology. China accounted for two-thirds of global electrics sales last year. (AP Photo/Ng Han Guan)

CHINA AUTO SHOW

Attendees look at the electric Han EV sedan from Chinese automaker BYD during the Auto Shanghai 2023 show in Shanghai, Wednesday, April 19, 2023. Auto Shanghai 2023 reflects the intense competition in China's fast-growing electric vehicle market after the ruling Communist Party poured billions of dollars into promoting the technology. China accounted for two-thirds of global electrics sales last year. (AP Photo/Ng Han Guan)

CHINA-AUTOMOBILE-EVS

A driver prepares to transport cars at a factory of electric vehicle manufacturer Leapmotor in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by Adek BERRY / AFP) (KEYSTONE/AFP/ADEK BERRY)

This photo taken on June 3, 2024 shows employees working at a factory that produces brake discs for electric cars in Huaibei, in eastern China' Anhui province. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

CHINA BEIJING AVATR II

An Avatr II in a showroom of the Chinese electric car manufacturer at shopping center Raffles City, photographed on October 16, 2023 in Beijing, China. (KEYSTONE / Dario Vereb).Ein Avatr II in einem Showroom des chinesischen Elektrofahrzeugherstellers im Einkaufszentrum Raffles City, fotografiert am 16. Oktober 2023 in Peking, China (KEYSTONE /Dario Vereb)

CHINA BEIJING AVATR II

An Avatr II in a showroom of the Chinese electric car manufacturer at shopping center Raffles City, photographed on October 16, 2023 in Beijing, China. (KEYSTONE / Dario Vereb).Ein Avatr II in einem Showroom des chinesischen Elektrofahrzeugherstellers im Einkaufszentrum Raffles City, fotografiert am 16. Oktober 2023 in Peking, China (KEYSTONE /Dario Vereb)

CHINA BEIJING LI XIANG L7

A Li Xiang model L7 exhibited inside the Raffles City shopping center, photographed on October 16, 2023 in Beijing, China. (KEYSTONE / Dario Vereb).Ein Li Xiang Modell L7, ausgestellt im Einkaufszentrum Raffles City, fotografiert am 16. Oktober 2023 in Peking, China. (KEYSTONE / Dario Vereb)

CHINA BEIJING ELECTRIC CARS XPENG

An Xpeng model P5 in a showroom of the Chinese electric car manufacturer, photographed on October 15, 2023 in Beijing, China. (KEYSTONE / Dario Vereb).Ein Xpeng des Modelltyps P5 in einem Showroom des chinesischen Elektrofahrzeugherstellers, fotografiert am 15. Oktober 2023 in Peking, China (KEYSTONE /Dario Vereb)

CHINA AUTO XIAOMI

Xiaomi founder Lei Jun talks about the factory producing the SU7, a sporty four-door sedan, during a launch event in Beijing, Thursday, March 28, 2024. Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country's booming but crowded market for electric cars. (AP Photo/Ng Han Guan)

CHINA TECHNOLOGY

epa11248079 Lei Jun, Founder and CEO of Chinese mobile internet company Xiaomi Technology Co. Ltd., speaks during the Xiaomi SU7 electric car launch ceremony at Beijing Etrong International Exhibition and Convention Center in Beijing, China, 28 March 2024. Xiaomi released its new electric car product 'SU7' on 28 March 2024. EPA/WU HAO

CHINA TECHNOLOGY

epa11248078 Lei Jun, Founder and CEO of Chinese mobile internet company Xiaomi Technology Co. Ltd., speaks during the Xiaomi SU7 electric car launch ceremony at Beijing Etrong International Exhibition and Convention Center in Beijing, China, 28 March 2024. Xiaomi released its new electric car product 'SU7' on 28 March 2024. EPA/WU HAO

CHINA-ECONOMY-TECHNOLOGY-XIAOMI

Chinese smartphone maker Xiaomi's first electric car, Xiaomi SU7 model, is seen at a shop in Hangzhou, in eastern China's Zhejiang province on March 25, 2024. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

New electric cars for sale are seen parked at a distribution center of the Changan automobile company in southwestern China's Chongqing municipality on March 24, 2024. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

New electric cars for sale are seen parked at a distribution center of the Changan automobile company in southwestern China's Chongqing municipality on March 24, 2024. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

New electric cars for sale are seen parked at a distribution center of the Changan automobile company in southwestern China's Chongqing municipality on March 24, 2024. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

New electric cars for sale are seen parked at a distribution center of the Changan automobile company in southwestern China's Chongqing municipality on March 24, 2024. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

CHINA-ECONOMY-AUTOMOBILE

BYD electric cars waiting to be loaded onto a ship are seen stacked at the international container terminal of Taicang Port in Suzhou, in China's eastern Jiangsu province on February 8, 2024. (Photo by AFP) / China Out (KEYSTONE/AFP/STR)

CHINA-ECONOMY-TRANSPORT

The photo taken on January 10, 2024 shows electric cars for export waiting to be loaded on the "BYD Explorer NO.1", a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong province. (Photo by AFP) / China OUT (KEYSTONE/AFP/STR)

CHINA ECONOMY VOLKSWAGEN

epa11067082 A man walks in front of the Volkswagen store in Shanghai, China, 10 January 2024. As per the company's statement, Volkswagen Group China demonstrated the strength of its portfolio in 2023, despite a challenging market environment. With a clear focus on a sustainable and profitable business model, Volkswagen Group brands were able to deliver 3.236 million vehicles to customers in the Chinese mainland and Hong Kong from January to December, marking a 1.6 percent increase compared to 2022. The Audi brand had a successful year, delivering 728,575 vehicles to customers in China, which is an increase of 13.5 percent compared to the previous year and well above the average growth of the premium market in China. The Volkswagen Brand and its Jetta sub-brand managed to hand over a total of 2,398,600 vehicles (+0.1 percent) to customers during 2023. Furthermore, the Volkswagen Group was able to significantly strengthen its position in the BEV segment as fully electric car deliveries increased by 23.2 percent to 191,800 units in 2023. EPA/ALEX PLAVEVSKI

CHINA ECONOMY ELECTRIC CAR

epa10974394 A finished vehicle leaves BYD electric cars factory in Changzhou, Jiangsu Province, China, 14 November 2023. According to published data, the output of BYD Changzhou base from January to July this year has exceeded 150,000 vehicles and the project has a planned annual production capacity of 400,000 vehicles. EPA/ALEX PLAVEVSKI

This photo taken on March 12, 2021 shows workers at a factory for Xinwangda Electric Vehicle Battery Co. Ltd, which makes lithium batteries for electric cars and other uses, in Nanjing in China's eastern Jiangsu province. (Photo by STR / AFP) / China OUT (KEYSTONE/AFP/STR)

This photo taken on March 12, 2021 shows a worker with car batteries at a factory for Xinwangda Electric Vehicle Battery Co. Ltd, which makes lithium batteries for electric cars and other uses, in Nanjing in China's eastern Jiangsu province. (Photo by STR / AFP) / China OUT (KEYSTONE/AFP/STR)

This photo taken on March 12, 2021 shows a worker with car batteries at a factory for Xinwangda Electric Vehicle Battery Co. Ltd, which makes lithium batteries for electric cars and other uses, in Nanjing in China's eastern Jiangsu province. (Photo by STR / AFP) / China OUT (KEYSTONE/AFP/STR)