overcapacity Tag

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...

20 Feb Chinese EV maker Xpeng unveils capex blitz as it sees no let-up in market bloodbath

Posted at 10:43h in Asia

The letter goes on to say that 30 new models will be launched by the company over the next three years. Xpeng confirmed the contents of the letter.An Xpeng Inc. G9 electric vehicle at the Shanghai Auto Show on April 24, 2023. Photo: BloombergAccording to...

overcapacity 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

20 Feb Chinese EV maker Xpeng unveils capex blitz as it sees no let-up in market bloodbath

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