Category: Industry News

Audi partners with SAIC, to launch EV models for segments it hasn’t yet covered in China

Through Volkswagen's partnership with Xpeng and Audi's with SAIC, Volkswagen is strengthening its position in the Chinese auto market, the German auto giant said.

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Toyota’s JV with GAC cuts about 1,000 jobs as Japanese carmakers fall behind in China’s EV sector

In June, NEV penetration rate was 58.8 percent for China's local car brands, 30.9 percent for luxury brands and just 3.7 percent for mainstream joint venture brands.

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