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BMW launches ReachNow car sharing service in Chengdu in partnership with EVCARD

CHENGDU – BMW Group officially launched its ReachNow station-based car sharing service in Chengdu, capital of Southwest China’s Sichuan Province, on December 1, putting 100 units of the pure electric BMW i3 into operation. The German automaker becomes the third German luxury brand to launch car sharing services in China,

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How automakers are re-inventing themselves to become mobility leaders in China

On April 8, 2017, BAIC Group established a new company to expand efforts to profit from mobility services, putting Cai Suping, member of the standing committee of BAIC Group Party committee, as vice president in charge. “The new unit, BAIC Mobility LLC, could integrate all mobility resources of BAIC Group with hundreds of

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Shared economy to drive car-sharing business

A key word for the Chinese car industry in 2016 would definitely be shared economy. Take the car hailing service industry as an example. Creating hundreds of thousands of jobs and offering hundreds of millions of rides nationwide, the industry witnessed a boom and then a reshuffle marked by Didi

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