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Polestar is Cooking Up a Smartphone for the Chinese Market

The Truth About Cars

Tesla, Ford, General Motors, and most luxury brands offer broad product lines in the country, and that includes Volvo and Polestar, both owned by Chinese auto giant Geely. It has developed a new smartphone that it plans to sell with its debut SUV in the country, the Polestar 4.&

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Audi-FAW NEV building new EV plant in China; 150k cars annually

Green Car Congress

The first buildings will be erected in Changchun when the frost period ends. With its annual capacity of more than 150,000 cars, the factory will play a central role in the continued electrification of Audi’s product portfolio for the Chinese market. The first cars to roll off the line will be an electric SUV and an e-limousine.

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. Meanwhile, Honda’s first electric SUV, the 2024 Honda Prologue , will start at $47,400 in the US.

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Volkswagen Group China building first factory specifically for MEB production; 300K unit capacity; 1st model a new VW e-SUV in 2020

Green Car Congress

The first model that will be produced in the factory of SAIC Volkswagen will be an electric Volkswagen brand SUV in 2020. < Through Volkswagen’s MEB platform, we will be able to easily produce state-of-the-art electric vehicles for our Chinese customers on a high scale.

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QOTD: Do You Actually Care About Chinese Imports?

The Truth About Cars

annually, having Oakville Assembly down means Ford had to come up with something and it elected to pull China out of the bullpen — setting the SUV up to become Ford’s very first Chinese import. Localizing some of its production there similarly helped GM build good faith in what’s now the world’s largest automotive market.

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Chinese EV company Xpeng Motors raises US$400M in Series C; Xiaomi strategic investor

Green Car Congress

In addition to the latest equity raising, Xpeng Motors has also successfully diversified its funding sources by securing several billions of RMB-denominated unsecured credit lines from leading Chinese and international banks including China Merchants Bank, China CITIC Bank and HSBC. Xpeng Motors achieved numerous milestones this year.

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