Market & Industry
BMW to launch six new SUV models in China
BMW to launch six new SUV models in China

BMW would release all-new BMW X2, new X3, new BMW X4 and new BMW X5 in China in the year 2018 and introduce BMW X6 and X7 in 2019. Among them, new BMW X2 and X3 will be launched in the first half and middle of next year respectively.

Dec. 19 , 2017
TOP 10 vehicle models by November sales
TOP 10 vehicle models by November sales

In November, China’s sales of passenger vehicles (PV) were 2.55 million, a slight increase of 0.2 percent year on year, according to the China Passenger Car Association (CPCA).

Dec. 19 , 2017
BYD: PHEV is more suitable for market than BEV currently
BYD: PHEV is more suitable for market than BEV currently

On December 15, BYD officials said in an interview that since there are not enough charging piles, plug-in hybrid electric vehicles (PHEV) seem more suitable for the current market.

Dec. 19 , 2017
Tesla sets up service center in Nanjing for Jiangsu, Anhui markets
Tesla sets up service center in Nanjing for Jiangsu, Anhui markets

Official news shows that Tesla will build service center in Nanjing, the capital of Jiangsu province, to offer quick response to service requirement and 24-hour vehicle rescue for Jiangsu and Anhui customers.

Dec. 18 , 2017
Alibaba  teams up with BMW to develop smart voice-activated speaker
Alibaba teams up with BMW to develop smart voice-activated speaker

BMW China announced on Dec. 16 that they teamed up with Alibaba, China’s Internet giant, to develop smart voice-activated speaker, which will help realize the function of remote voice control for vehicles.

Dec. 18 , 2017
FF reportedly manages to raise 1 billion dollars
FF reportedly manages to raise 1 billion dollars

On December 13, Jia Yueting, FF’s main financial backer announced at an internal meeting that after negotiating with investors for nearly one month, Faraday Future succeeded in raising over 1 billion dollars in its A round financing.

Dec. 18 , 2017