SAIC Motor
China brings EV price war to Thailand, dangling 38% discounts
The steep cuts have fuelled a sales surge of over 20% in October and November
Chinese carmakers retreat from record share of European sales
BYD in particular has rapidly built its sales network, with a focus on the UK
GM is in talks to extend China venture with demand recovering
Foreign automakers have scaled back in the Asian nation as domestic players have taken greater control of the market
Chinese automakers grab record hybrid market share in Europe
EV sales are now back to mid-2024 levels, before the European Union introduced tariffs on Chinese-made electric cars
Chinese automakers crank up sales of cars with combustion engines in Europe
One reason for the shift to fossil fuel-burning models has been the added EV levies, which raised import duties to as high as 45 per cent in the case of state-owned Saic
China-owned British car brand MG aims to double South-east Asia sales to 100,000 in next three years
It will add two more factories in the region, and offer electric vehicles, hybrids and conventional cars
China’s SAIC, Huawei to partner in developing new smart EVs
CHINESE automaker SAIC Motor said on Friday (Feb 21) it would partner with tech company Huawei to develop new “globally competitive” smart electric vehicles.
BMW joins Chinese EV makers in filing EU court challenge to tariffs
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles (EVs), according to a filing on the court...
Alibaba joint venture EV brand IM Motors to take on Tesla, XPeng in Singapore
The brand, majority-owned by China state carmaker SAIC, will debut at Singapore Motorshow on Jan 9
Volkswagen plans stop to production at jointly-owned China plant
VOLKSWAGEN is planning to stop production at one of its combustion engine car plants in China, a person with direct knowledge of the matter said, in a sign of carmakers’ struggles to manage overcapaci...
