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Spotlight, BMW’s China venture, to assemble EVs including Mini cars for consumers worldwide

by Anas Siddiqui
Spotlight, BMW’s China venture, to assemble EVs including Mini cars for consumers worldwide

Spotlight Automotive, BMW’s 50-50 electric vehicle (EV) venture with mainland Chinese partner Great Wall Motor, is designing new models that it hopes to sell globally. Cars including models under BMW-owned …

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Tesla cuts prices in China on Model 3 and Model Y EVs to keep commanding lead in premium segment of fast-growing market

by Anas Siddiqui
Tesla cuts prices in China on Model 3 and Model Y EVs to keep commanding lead in premium segment of fast-growing market

Tesla has cut the prices of its Shanghai-made vehicles by up to 6 per cent as it works to maintain its leading position in the premium segment of the world’s …

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China to solidify its position as world’s top car exporter in 2024 as it banks on manufacturing heft: UBS

by Anas Siddiqui
China to solidify its position as world’s top car exporter in 2024 as it banks on manufacturing heft: UBS

Chinese carmakers are expected to sell 5 million vehicles overseas in 2024, with much of the demand coming from developing markets such as Southeast Asia and firmly establishing China as …

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Chinese EV maker Nio sees AI, robots replacing 30% of workforce by 2027 to improve efficiency, cut costs

by Anas Siddiqui
Chinese EV maker Nio sees AI, robots replacing 30% of workforce by 2027 to improve efficiency, cut costs

Nio, one of China’s top three builders of premium electric vehicles (EV), aims to reduce its workforce by a third by 2027 as it rapidly replaces them with robots. Earlier …

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BYD unveils premium Sea Lion brand, mid-sized, full-electric SUV, in challenge to Tesla in China’s luxury car market

by Anas Siddiqui
BYD unveils premium Sea Lion brand, mid-sized, full-electric SUV, in challenge to Tesla in China’s luxury car market

New launches by BYD, the world’s largest electric vehicle (EV) maker, targeting established models by Tesla, leader in China’s premium EV segment, are expected to intensify competition in the world’s …

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Tesla China raises Model Y performance version price, opening road for Nio, Li Auto, Xpeng to chase lofty sales goals

by Anas Siddiqui
Tesla China raises Model Y performance version price, opening road for Nio, Li Auto, Xpeng to chase lofty sales goals

Tesla has rescinded a discount on the performance edition of its Shanghai-made Model Y sport-utility vehicle (SUV), just 10 weeks after the US carmaker slashed the price to lure mainland …

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