Etiqueta: SAIC

China's BYD sets negotiable price reduction targets for suppliers

“This is sort of a good thing for the reputation of Chinese-made cars in Europe over the long term,” said Paul Gong, head of China auto research at UBS.

The AUDI E previews a new range of China-specific electric vehicles from the German carmaker’s new local sub-brand

In the January-October period, sales of the Dynasty lineup exceeded 1.58 million units, contributing about half of the BYD brand's sales in the same period.

The 22nd Guangzhou International Automobile Exhibition officially kicked off on Friday, with many major global carmakers actively participating in and introducing new electric vehicle (NEV) models. This reflects their continued optimism about the vast potential of China's NEV market, even in the face of growing competition from domestic brands, analysts said.

Auto Guangzhou in southern China is set to delight visitors with some impressive premieres: Audi and its local partners are showcasing three product highlights exclusively for the Chinese market at this year’s fair. The Audi Q6L e-tron will be presented at the FAW stand shortly before its market launch as the first locally produced vehicle based on the Premium Platform Electric (PPE). The A5L, successor to the A4L, will also be on display. At the SAIC stand, visitors can expect to see the recently presented AUDI E concept and the sister brand AUDI, written in capital letters. This model embodies intelligent and connected electric vehicles that are being jointly developed by Audi and SAIC specifically for China. Audi is positioning itself in China with its two-partner strategy. Collaborating with the local car manufacturers FAW and SAIC, Audi is developing customized vehicles for the Chinese market.

The Guangzhou auto show, which runs through Nov 24, is spotlighting a dazzling lineup from Chinese and international carmakers.

Representing over half of the top 20 electric vehicle (EV) best-sellers list during September, BYD continued to dominate domestically.

Not to be left in the dust by the big tech-leading Chinese automakers, Chery will show a slick new concept vehicle at the Guangzhou Auto Show with a solid state battery providing a claimed 1500km of driving range.

Chery is the first Chinese company to achieve 1 million exports this year. Also the first time Chery has ever exported 1 million.