Chinese Carmakers Close Europe Offices as EU Trade Tensions Rise
A Zhejiang fundraising scandal exposes how high-risk capital flowed into new-energy vehicle ventures across China’s auto industry.
After Porsche dealers in China pressed the brand into a public joint statement, the dispute raised harder questions about luxury inventory, pricing, and trust.
At the first ABB FIA Formula E World Championship round in Shanghai on May 25-26, the Jaguar TCS team took the title and broke a single-season points record.
On May 20, SAIC and Audi moved to deepen their partnership for a new joint-venture phase, a step watched for its impact on China’s new-energy competitive map.
Overseas media ask why Chinese car bosses now compete for influencer status, a shift from the low-profile executives of earlier industry eras.
From He Xiaopeng’s reply on Xiaomi rivalry to other sharp market gripes, this week’s complaint roundup argues that carmaking still rewards patience over hype.
Great Wall chairman Wei Jianjun says disorderly, malicious competition is hurting the industry after Haval H6 sales fell from a long championship run.
Former Vice Minister of Commerce Wei Jianguo said on May 23 that China’s new energy vehicles will lead global manufacturing over the next 10 years.
Despite intense competition, China’s automobile market retains deep room for growth as new segments, tech paths and regional demand continue to expand.
At a Shanghai tech event, SAIC says L3 autonomous driving is due next year and all-solid-state batteries are aimed for mass production the year after.
Following layoffs, Tesla is reported to have cut production of its best-selling Model Y at the Shanghai factory by double digits since March.
The Zeekr 009 Brilliant Edition begins deliveries today, with Zhou Hongyi among the early choosers who picked the MPV over a Maybach alternative.
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