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Upon delivery of 1,000 electric vehicles from Kandi Technologies, Chengdu Electric Vehicle Service Co. will start an electric car-sharing program in Chengdu, China, by the end of year.
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Shanghai-based eHi Auto Services, a Chinese auto rental and chauffeuring company, has filed for an initial public offering (IPO).
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According to a GBTA Foundation report, China leads growth of all 75 countries in the report, having grown from $32 billion in 2000 to $225 billion in 2013.
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Ford is hoping to raise the bar in fuel efficiency among non-hybrid compact cars with its updated 2015 Focus by adding a new 1.0L three-cylinder EcoBoost engine.
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With business travel spending in China expected to expand 17.8% to $309 billion throughout 2015, according to the GBTA, China is poised to overtake the U.S. and become the No. 1 business travel market in the world as early as next year.
Read More →According to the Global Business Travel Association’s “GBTA BTI Outlook — China 2013 H2” report, China’s total business travel spending is expected to increase by 14.3% in 2013 to $224 billion.
Read More →The Wall Street Journal reported that eHi Car Service will launch an electric vehicle service in Shanghai, China with 200 electric vehicles by the end of 2013.
Read More →After raising $482,000 from Red Dot Ventures, the peer-to-peer rental car marketplace aims to expand its operations from Singapore to China and increase its members and vehicles to 5,000 members and 1,000 vehicles.
Read More →Avis China was established in 2003 as a joint venture car rental company with Shanghai Automotive Industry Corp. Today, the company operates in more than 40 cities at 170 locations.
Read More →The car rental brand operates 178 locations in China, but aims to grow its business in the country as more opportunities arise.
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