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Five million, ¥5 billion and ¥30 billion: wild wild east

Annual output capacity of 5 million vehicles, a loss of ¥5 billion and an ambitious target to finance ¥30 billion by the end of 2019. Those were the memorable numbers this week involving three Chinese smart EV startups as they continue to defy industry logic and completely turn the industry upside

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Hot and cold

The Chinese auto market never ceases to surprise and amaze. The nearly 6 percent growth in sales to more than 14 million units over the first half of 2018 was above expectations of a 3-5 percent growth predicated earlier in the year by China Association of Automobile Manufacturers (CAAM). But SUV

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Why Suzuki is pulling out of China

The doors of China’s automobile manufacturing sector are wide open. But the path through it will be a two-way street. With its announcement on June 15 that it has transferred all 46 percent of its equity in Changhe-Suzuki Automobile Co., Ltd. to Chinese partner Changhe Automobile, Suzuki Group has likely begun a

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