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News on the Auto Industry in China

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Tesla’s Chinese journey

Musk’s battery partnership with CATL signals his long term vision for China
Mar 13, 2020 (WiC 486)

When Donald Trump was fanning Washington’s trade war with Beijing in 2018 and beseeching American manufacturers to bring their operations back onto home soil, Elon Musk was heading in the opposite direction. On July 12 that year, Musk parked ...

Passage to India

Chinese carmakers eye Indian expansion
Feb 28, 2020 (WiC 484)

When India’s biennial Auto Show opened in New Delhi this month, it was emblazoned with a ‘3 Cs’ tagline: “co-create, co-exist, celebrate”. But the organisers should have probably added a fourth C: China. For while the overall number ...

Finally to marry

Geely Automobile plans Volvo merger
Feb 21, 2020 (WiC 483)

The place where the Covid-19 virus originated – a Wuhan seafood market where illegal sales of wild animals also took place – presents an image of China that most in the country would rather leave behind. The speedy response of some of its ...

Volkswagen’s 2020 China EV sales to beat Tesla’s?
Jan 31, 2020 (WiC 481)

It may have happened right at the start of 2020 but one of the defining moments for the electric vehicle (EV) sector this year will almost certainly be Elon Musk ‘dad dancing’ his way around a stage in Shanghai. The Tesla founder was in ...

Heading into traffic

Insurer Baoneng takes over PSA Group’s struggling car plant in Shenzhen
Jan 10, 2020 (WiC 478)

Three years ago Baoneng was denounced as a barbarian barging through the gates of the A-share market, when its unsolicited attempt to acquire Vanke through a leveraged buyout appalled the Shenzhen property heavyweight’s other major shareholders ...

Survive and thrive

Electric car pioneers keep sight of the longer term
Nov 15, 2019 (WiC 474)

The old joke about why the chicken crossed the road is taking on new meaning in China. Within a decade, the main obstacle to getting from one side to the other could take the form of a high-speed egg on wheels. That’s according to He Xiaopeng, ...

Fight or flight

China’s electric vehicle brands in a battle to survive subsidy squeeze
Oct 18, 2019 (WiC 470)

“He was too emotionally invested to not fight for the project until the last,” wrote Wired magazine of Sir James Dyson’s £2.5 billion ($3.15 billion) ambition to take on the likes of Tesla in the electric car industry. The dream – ...

Licence to drive

The government seeks to rekindle car sales
Sep 6, 2019 (WiC 465)

F or years the Tesla founder Elon Musk held out from making cars in China, waiting until he was allowed to do so without the profit-diluting and technology-sapping embrace of a local partner. But once the rules changed he made his move, ...

Marriage of convenience

Why has Renault inked a fourth joint venture in China?
Aug 2, 2019 (WiC 462)

Renault often traces its links with China back to the 1920s, when it hired then student Deng Xiaoping as a fitter in a factory in a Parisian suburb. But it wasn’t until 2013, or three decades after its German peer Volkswagen built the first ...

Following Geely, BAIC takes chunky stake in Daimler
Aug 2, 2019 (WiC 462)

“I’d like to think that the door has been barred,” said German government spokesman, Armin Gritnewald, after reporters asked him whether Daimler-Benz was safe from foreign takeover. Yet Gritnewald was not responding to questions about ...

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