Naphjas Inc. |

12 Apr Spotlight, BMW’s China venture, to assemble EVs including Mini cars for consumers worldwide

Posted at 12:30h in Asia

Spotlight Automotive, BMW’s 50-50 electric vehicle (EV) venture with mainland Chinese partner Great Wall Motor, is designing new models that it hopes to sell globally.Cars including models under BMW-owned brand Mini will be sold in markets such as Europe and Southeast Asia after Spotlight starts...

03 Apr Chinese EV maker Aion plans Indonesia plant, vying against rivals like BYD for slice of promising Southeast Asia market

Posted at 12:36h in Asia

Aion, an electric vehicle (EV) unit of state-owned Chinese company GAC Group, plans to build its second Southeast Asia plant in Indonesia, upping its stake in the potentially vast market against domestic rivals like BYD.Guangzhou-based Aion will partner with Indomobil Group, a carmaker based in...

22 Mar Russia’s car tycoons look to China for a lifeline to restart production in bid to nurture Europe’s biggest vehicle market

Posted at 04:02h in Asia

“I have a feeling they overestimated a bit their capabilities,” Sergey Burgazliev, a Russian-based independent consultant with more than 20 years of experience in the auto industry, said about the assets Art-Finance and Avtodom bought. For Chinese carmakers, exporting finished vehicles from the Asian nation...

22 Feb Autonomous cars: Chinese start-up Haomo, backed by Great Wall Motor, raises fresh capital to develop driverless tech

Posted at 10:32h in Asia

Wufa is an investment group funded by the local government of Chengdu, capital of Southwest China’s Sichuan province.The Series B1 fundraising comes after Haomo netted more than 1 billion yuan of capital in previous rounds of financing carried out since the company’s establishment in 2019.Its...

12 Feb Xiaomi says ‘confidence building’ measures needed from India after Delhi’s scrutiny of Chinese firms unnerves suppliers

Posted at 06:21h in Asia

China’s Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by the government, according to a letter and a source with direct knowledge of the matter.Xiaomi, which has the...

Great Wall Motor Tag

12 Apr Spotlight, BMW’s China venture, to assemble EVs including Mini cars for consumers worldwide

03 Apr Chinese EV maker Aion plans Indonesia plant, vying against rivals like BYD for slice of promising Southeast Asia market

22 Mar Russia’s car tycoons look to China for a lifeline to restart production in bid to nurture Europe’s biggest vehicle market

22 Feb Autonomous cars: Chinese start-up Haomo, backed by Great Wall Motor, raises fresh capital to develop driverless tech

12 Feb Xiaomi says ‘confidence building’ measures needed from India after Delhi’s scrutiny of Chinese firms unnerves suppliers

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