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Audi and SAIC Launch New ‘AUDI’ Brand in China, Unveil E Concept EV
2024-11-11 Car News
In a strategic move to tap into China's robust supply chain and cater to local consumer preferences, Audi, in collaboration with SAIC Motor, has launched a new brand, “AUDI,” exclusively in the Chinese market. This joint venture debuted its first concept vehicle, the E Concept, marking a significant shift in…
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China’s NEV Market Reaches Record 1.4 Million Wholesale Sales in October, Says CPCA
2024-11-07 Car News
The new energy vehicle (NEV) market in China hit an all-time high in October, with wholesale sales estimated to reach 1.4 million units, according to the China Passenger Car Association (CPCA). This marks a 58 percent increase year-on-year and a 14 percent rise from September, underscoring strong growth driven by…
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New Mercedes-Benz G-Class G 500 Unveiled at the 2024 CIIE: Equipped with 3.0T Engine and Priced at RMB 1.868 Million
2024-11-06 News / Car News
The 2024 China International Import Expo (CIIE) kicked off on November 5, marking the debut of the latest Mercedes-Benz G-Class G 500 off-road vehicle. Priced at RMB 1.868 million, this refreshed model showcases updated design details and a new powertrain. The G 500 now boasts a robust 3.0T inline six-cylinder…
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BMW Unveils the New 727-Horsepower M5 with V8 Heart for 1.4689 Million Yuan
2024-11-04 News / Car News
The heart of the BMW M5 may now include an electric motor, but its soul remains undeniably V8. On November 2, BMW officially launched the new M5, priced at 1.4689 million yuan. Positioned as a high-performance, medium-to-large luxury sedan, this new iteration of the BMW 5 Series features a robust…
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BAIC Partners with Alkan Auto to Establish Electric Vehicle Factory in Egypt
2024-11-04 News / Egypt
China's BAIC has entered a strategic partnership with Egypt's Alkan Auto, a subsidiary of Egyptian International Motors, to set up an electric vehicle (EV) factory in Egypt. The agreement was signed by BAIC Vice President Zhao Bingfei and Alkan Auto Chairperson Khaled Nosseir. Key attendees included Kamel El-Wazir, Egypt’s Deputy…
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Xiaomi SU7 Ultra Unveils with 1,548 Horsepower and a Pre-Sale Price of 814,900 Yuan
2024-10-30 News / Car News
At the 2024 Xiaomi Group New Product Launch on October 29, the mass-produced version of Xiaomi SU7 Ultra debuted with a pre-sale price of 814,900 yuan. This high-performance model, set to launch officially in March 2025, opened for reservations on October 29 at 10:30 PM, requiring a 10,000 yuan deposit.…
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