Market & Industry
BMW not only unveils new BMW 7 Series in China, but to roll out 21 new models there in 2019
BMW not only unveils new BMW 7 Series in China, but to roll out 21 new models there in 2019

On January 16, German premium car maker BMW Group showed off its new full-size luxury line-up in Shanghai, including the BMW X7 all-new flagship SUV, the all-new BMW 8 Series coupe and the new BMW 7 Series.

Jan. 17 , 2019
Evergrande steps into NEV infrastructure by funding smart charging tech company
Evergrande steps into NEV infrastructure by funding smart charging tech company

Evergrande High Technology Group Co., Ltd (Evergrande High Tech), a subsidiary of China Evergrande Group, funded on January 2 a new company dubbed Evergrande Smart Charging Technology Co., Ltd.

Jan. 17 , 2019
GAC unveils R&D center in Detroit, to open R&D centers in Germany, India
GAC unveils R&D center in Detroit, to open R&D centers in Germany, India

China's GAC Group unveiled a research and development (R&D) center in Detroit, the biggest city of Michigan on January 15. This is the third R&D center the automaker has built in the U.S., the other two are located in Silicon Valley and Los Angeles.

Jan. 16 , 2019
Evergrande Health gains 51% stake in NEVS with value of $930 million
Evergrande Health gains 51% stake in NEVS with value of $930 million

Evergrande Health obtained 51% stake in NEVS, a Sweden-headquartered electric vehicle maker, according to an announcement released by Evergrande Health on January 15.

Jan. 15 , 2019
Magna, BAIC BJEV celebrate the opening of new engineering center
Magna, BAIC BJEV celebrate the opening of new engineering center

On January 15, Magna celebrated the opening of a new engineering center which is part of its joint venture with Beijing Electric Vehicle Co. Ltd (BJEV).

Jan. 15 , 2019
FAW-VW launches all-new Audi A6L into market, priced from RMB417,800
FAW-VW launches all-new Audi A6L into market, priced from RMB417,800

Audi unveiled the new Audi A6 sedan at the 2018 Geneva International Motor Show. Tonight, the all-new Audi A6L developed by FAW-Volkswagen’s Audi brand will officially hit China’s market with a total of 12 variants.

Jan. 15 , 2019