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BMW cuts prices for its China-made electric SUV by $10,000


BMW cuts prices for its China-made electric SUV by $10,000
CNBC
1/28/2021
Evelyn Cheng
BMW s all-electric iX3 SUV will cost 399,900 yuan ($61,713) to 439,900 yuan in China as of Thursday, the German automaker said on its website.
That s down about $10,800 from the original price range of 470,000 yuan to 510,000 yuan announced in September.
The new price brings BMW s China-made iX3 into a closer range with locally available electric cars from Tesla and Chinese start-ups.
© Provided by CNBC
A BMW iX3 electric SUV is on display during 2020 Beijing International Automotive Exhibition (Auto China 2020) at China International Exhibition Center on September 26, 2020 in Beijing, China.
BEIJING German automaker BMW has cut prices for its all-electric iX3 SUV in China, bringing the car into closer competition with vehicles from Tesla and Chinese start-ups like Nio. ....

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Nissan flips the switch on electric reboot in China


Nissan flips the switch on electric reboot in China
Reuters
1/26/2021
By Norihiko Shirouzu
BEIJING (Reuters) - Nissan Motor is accelerating the rollout of electric vehicles in China under its main brand and its local, no-frills Venucia marque as it overhauls its strategy in the world s biggest auto market, four sources told Reuters.
Besides the focus on green vehicles, the plan involves using more locally made parts and technologies to reduce costs and help the struggling Japanese carmaker compete better with lower-cost Chinese firms and major global rivals, the sources said. ....

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Ford and Starbucks Launched a Pop-Up in China


Ford and Starbucks Launched a Pop-Up in China
Photo: Ford
Ford Motor Company is just trying to get its hands into everything these days, from mobility solutions to
checks notes soundproofed dog kennels and ugly Christmas sweaters. And they ain’t stopping there. Ford’s apparently looking to work on its grounds game, teaming up with Starbucks on a pop-up complete with piping hot cups of coffee. Get it?
Grounds game.
The pop-up popped up in the Chaoyang district of Beijing between Dec. 28 and Jan. 6. A comprehensive experience, the Ford x Starbucks adopted a highway rest stop theme, though it was definitely probably much cleaner than any rest stop you or I have ever visited. Once there, visitors could take part in several activities, including shuffleboard, virtual boxing, and a mini racetrack for the kiddies. ....

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Geely, Baidu announce electric-vehicle venture


Geely, Baidu announce electric-vehicle venture
AP, BEIJING
Chinese automaker Geely Holding Group (吉利控股集團) said it would form an electric-vehicle venture with tech giant Baidu Inc (百度), adding to a flurry of corporate tie-ups in the industry to share soaring technology development costs.
Geely, which also has separate electric-vehicle brands, yesterday said the venture with Baidu would focus on intelligent and connected vehicles.
It gave no details of investment or when products might be released.
Visitors look at vehicles produced by Geely Holding Group at the Auto China show in Beijing on Sept. 27 last year.
Photo: AP
Global and Chinese automakers have launched partnerships to share the multibillion-dollar costs of developing electric vehicles for China under government pressure to meet sales quotas. ....

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