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Seeking lifetime growth: an interview with Li Xiang, founder and CEO of CHJ Automotive

– by Zhang Hui Zhang Hui, former general manager of HMI & Ecosystem at Baidu’s L3 Business Unit, joined Chinese smart EV startup CHJ Automotive in May as head of organizational development. The following is the first part of a selected portion of his recent conversation with CHJ Automotive Founder and

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Daimler CEO Zetsche: It’s important to become a local autonomous driving provider

HONG KONG – Daimler’s Mercedes-Benz unit is already a highly localized brand in China, with about 70 percent of its sales in the country coming from local production. Now the leading premium brand in China is beefing up its localization efforts on another turf: autonomous driving. “China is by far the most

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Volkswagen’s e-mobility offensive in China “coming at the right time”

BEIJING – Volkswagen Group’s key message at this year’s Auto China 2018 in Beijing was “People’s Mobility.” To support that, the world’s largest automaker and the leading foreign automaker in China is earmarking €15 billion through 2022 with its joint venture partners for e-mobility, autonomous driving, digitalization and new mobility

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Fu Yuwu: 50:50 JV equity relaxation was long-time coming, industry faces three macro/micro-economic forces

BEIJING – Fu Yuwu knew two years ago that the 50:50 joint venture equity rule would become history. Now that it will be completely lifted by 2022, as was announced by the National Development and Reform Commission (NDRC) on April 17, a week after Chinese President Xi Jinping announced that

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Brose to quadruple share of Chinese OEM business in China to 20 percent by 2025, says CEO Sauernheimer

SHANGHAI – Less than three months on the job as new CEO of Brose Group, Kurt Sauernheimer chose to face the media for the first time in a country he is all too familiar with and crucial to the future growth of the world’s fifth-largest family-owned automotive supplier: China. A

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Porsche China to focus on customer experience in ’18, preparing for Mission E rollout in 2020

BEIJING – Porsche China will be focusing on improving customer experience in 2018 and preparing for the rollout of the brand’s first battery electric sports car – the Mission E – in the Chinese market in 2020, according to senior executives at the 2018 Porsche China Media Roundtable on March

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Magna CEO Don Walker: e-drive systems JV with HASCO a “good fit”

SHANGHAI – Magna International CEO Don Walker said the new electric drive systems joint venture it just formed with China’s Huayu Automotive Systems Co., Ltd. (HASCO), a subsidiary of China’s largest automaker SAIC Motor Corp., was simply the result of a “good fit” between the two companies. “HASCO is a

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Franz Jung: Porsche China growth driven by five pillars of focus

CHENGDU – China is a very demanding market when it comes to the latest, freshest and newest technologies, but Porsche has the potential as a sports car manufacturer to provide the right answers based on its five pillars of focus, according to Franz Jung, president & CEO of Porsche China.

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