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BMW establishes largest Asia-based IT R&D hub in Nanjing to drive digital transformation in China
BMW establishes largest Asia-based IT R&D hub in Nanjing to drive digital transformation in China

The new entity becomes one of BMW Group's six global IT R&D centers, its first and only such facility in China, and the company's largest IT research base in Asia.

Jul. 21 , 2025
BYD hits production milestone of 13 million NEVs
BYD hits production milestone of 13 million NEVs

On July 21, BYD announced the rollout of its 13 millionth new energy vehicle, a milestone that comes just eight months after reaching the 10-million-unit mark in November 2024.

Jul. 21 , 2025
GAC deepens Hong Kong presence with new Yuen Long showroom opened
GAC deepens Hong Kong presence with new Yuen Long showroom opened

On July 18, 2025, GAC International hosted two major events in Hong Kong—the grand opening of the Yuen Long showroom and the GAC HYPTEC HT Gala Dinner, according to a post on GAC International's WeChat account.

Jul. 21 , 2025
BYD hits 60,000-unit NEV delivery milestone in Australia
BYD hits 60,000-unit NEV delivery milestone in Australia

This achievement, made possible through its partnership with exclusive distributor EVDirect, underscores BYD's rapid rise and growing brand recognition in the Australian market.

Jul. 18 , 2025
China lowers ultra-luxury car consumption tax threshold to 900,000 yuan
China lowers ultra-luxury car consumption tax threshold to 900,000 yuan

The retail price benchmark for levying consumption tax on ultra-luxury vehicles has been reduced from 1.3 million yuan to 900,000 yuan (excluding VAT).

Jul. 18 , 2025
BYD's FANGCHENGBAO unveils images of TAI 7's high-spec version
BYD's FANGCHENGBAO unveils images of TAI 7's high-spec version

On July 18, BYD's sub-brand FANGCHENGBAO revealed official images of the high-spec version of its upcoming TAI 7 SUV.

Jul. 18 , 2025