The Zhengzhou plant of Foxconn in Henan Province, China, was recently affected by the COVID-19 pandemic. Some local governments have been asked to get involved and take the lead in supporting work at Foxconn for a period ranging from 1 to 6 months.
Due to COVID-19 pandemic prevention requirements, two NIO automobile factories in Hefei, China's Anhui Province, have recently stopped production, causing delays to delivery. The latest report shows that production has now resumed.
Zeiss, a leading enterprise in the fields of optics and optoelectronics, on October 18 started construction of a new R&D and production base in Suzhou, Jiangsu Province, China.
On September 8, BYD's Thailand division and local industrial developer WHA signed a purchase agreement for 96 hectares of land, which will be the site of its first wholly-owned overseas passenger car factory in Thailand.
Xiaomi is reportedly negotiating with Chinese automaker BAIC Group to produce electric vehicles on its behalf. However, another report on September 1 showed that Xiaomi Auto would very likely build its own factory.
Regarding recent reports that Evergrande Auto will be acquired by another automobile company, on August 18, Liu Yongzhuo, president of Evergrande Auto, denied the news.
On July 25, He Xiaopeng, Chairman of XPeng Motors, announced on social media that XPeng Aeroht, an affiliate of XPeng, officially opened its new trial factory.
On July 15, Geely’s luxury sports car brand Lotus completed the construction of its Wuhan Smart Factory. Its first pure electric smart vehicle, the Hyper SUV Eletre, also successfully rolled off of the production line.
Amid ongoing pandemic containment efforts, car companies in China are facing supply chain problems. He Xiaopeng, CEO of electric vehicle maker XPeng, expressed his worries on Thursday.
With factory workers who once formed China’s economic backbone aging and their children shifting from traditional sectors to the booming Internet industry, policymakers have taken steps to address the change.
Experts are currently foreseeing a decline in China’s economic growth to roughly 5.6% from the already relatively low 6.1%, which will bring global economic growth down by 0.2%.
China Labor Watch recently released a 51-page report detailing the labor abuses of the US tech giant Apple and one of their main suppliers for iPhone parts, Foxconn.