Vehicle production base in S China sees growth of NEVs

STORY: Vehicle production base in S China sees growth of NEVs DATELINE: March 7, 2023 LENGTH: 00:00:36 LOCATION: LIUZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of NEVs STORYLINE: Liuzhou in south China's Guangxi, a production base of many Chinese automakers, has witnessed the growth of new energy vehicles (NEVs). Last year, China's auto exports reached 3.11 million units, up 54.4 percent year-on-year, according to the China Association of Automobile Manufacturers (CAAM). NEVs comprised an important pillar of China's auto industry in 2022, with its export volume reaching 679,000 units, an increase of 1.2 times year-on-year. Xinhua News Agency correspondents reporting from Liuzhou, China. (XHTV)

China's autos reach more overseas consumers with growing popularity

STORY: China's autos reach more overseas consumers with growing popularity DATELINE: Feb. 18, 2023 LENGTH: 00:02:49 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of vehicles production 2. various of the exhibition 3. SOUNDBITE 1 (English): JENS OLESEN, Managing Director of Xpeng Denmark 4. various of Xpeng vehicles 5. SOUNDBITE 2 (English): MARK ANDREW TIENG, Managing Director of BYD Philippines 6. various of BYD vehicles 7. SOUNDBITE 3 (Arabic): YEHYA SHANTI, Sales manager of Changan in Jordan STORYLINE: China's automobiles are gaining popularity and reaching more consumers overseas, with an export of 3.11 million units in 2022, a jump of 54.4 percent year on year. According to the China Association of Automobile Manufacturers, passenger car exports neared 2.53 million units, an increase of 56.7 percent year on year. Exports of commercial vehicles climbed 44.9 percent from 2021 to 582,000 units, and exports of new-energy vehicles increased 1.2 times year on year to 679,000 units. The associat

Gibson Guitar to buy 54% stake in Teac

Gibson Guitar to buy 54% stake in Teac

TOKYO, Japan - Photo shows Henry Juszkiewicz (L), chairman and CEO of Gibson Guitar Corp., and Yuji Hanabusa, president of Teac Corp., at a press conference in Tokyo on March 29, 2013. U.S. guitar maker Gibson Guitar announced the same day it is buying a controlling 54.4 percent stake in Japanese audio equipment manufacturer Teac for about 4.8 billion yen.

Gibson Guitar to buy 54% stake in Teac

Gibson Guitar to buy 54% stake in Teac

TOKYO, Japan - Photo shows Yuji Hanabusa (R), president of Teac Corp., playing the guitar, and Henry Juszkiewicz, chairman and CEO of Gibson Guitar Corp., at a press conference in Tokyo on March 29, 2013. U.S. guitar maker Gibson Guitar announced the same day it is buying a controlling 54.4 percent stake in Japanese audio equipment manufacturer Teac for about 4.8 billion yen.