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World premiere of BMW iX electric SUV in Shanghai

Green Car Congress

The BMW iX electric SUV ( earlier post ) has its world premiere at the Auto Shanghai 2021 show. The BMW iX is first model in the brand’s line-up to feature the new Operating System 8 and the latest generation of BMW iDrive. Market launch in China will get underway over the course of 2021. kWh per 100 kilometers.

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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

JATO’s data revealed that these vehicles were responsible for 61% of total sales in February 2024, in comparison to the 62% registered in February 2019. Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%).

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Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs – ET Auto

Baua Electric

European automakers face a trifecta of challenges: soft demand due to higher borrowing costs that discourage car purchases, fierce competition from Chinese rivals, and higher input costs squeezing their margins. The company’s sales suffered in the first quarter ended Dec.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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Li Auto rolls out price protection policy amid China auto price war

CN EV Post

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

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