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Ford Smart Mobility and Zotye to form new JV to provide ride-hailing solutions

SHANGHAI – Ford Smart Mobility LLC and Zotye Auto signed a memorandum of understanding (MOU) on May 2 to establish a new 50:50 joint venture with a registered capital of $20 million to provide smart, customized all-electric vehicle solutions to fleet operators and drivers in China’s fast-growing ride-hailing market. In

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China’s premium car market in 2017: Sales top 2.57 million units, some dealers earn more than £¤100 million

Who was the winner? It depends In December 2017, 12 premium car brands sold 247,375 vehicles in China, up 23.4 percent year-on-year and 4 percent more than the previous month. Total sales for 2017 were 2,574,689 units, up 18.4 percent. In 2018, the premium car market is expected to continue

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Xu Changming: policy-driven NEV market to face development bottleneck

BEIJING – China’s policy-driven new energy vehicle market has been growing at a high speed for four consecutive years, but it will soon face development bottleneck, according to Xu Changming, deputy director of the State Information Center (SIC). Xu made the prediction at the China EV100 Forum 2018 held in

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Now that NIO’s ES8 is out on the market, William Li’s challenge is to deliver the rest as promised

William Li has just accomplished something that Jia Yueting was not able to do: actually putting a smart EV out on to the market, rather than just touting about it on PPT slides. It is difficult not to put the two into comparison side by side: Li is the founder

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Xu Changming: Annual auto sales could grow another 50 percent to 42 million units

BEIJING – China’s auto market has the potential to grow another 50 percent from last year’s levels to 42 million units, predicted Xu Changming, deputy director of the State Information Center (SIC). Xu made the prediction at the 5th China-Korea Auto Industry Development Conference organized by  SIC’s Department of Information

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Vehicle owners in China care most for exterior and interior, says J.D. Power

SHANGHAI –Vehicle owners in China care most for vehicle exterior and interior, which accounted for 18 and 15 percent respectively of all reported problems, according to the J.D. Power 2017 China Vehicle Dependability StudySM (VDS) released on September 20. The study shows that the top three problems in vehicle exterior

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