SAIC, Huawei and EVs
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in deliveries in China.
Founded in 1997, SAIC Motor is a subsidiary of Shanghai Automotive Industry Corporation (Group) Corp. It produces and sells vehicles in China and around the world. The company also enages in a ...
BMW joins Chinese EV makers in filing EU court ... on Wednesday that progress has been made on its work with China's SAIC Motor to establish a vehicle plant in Turkey. Turkey's Dogan Trend ...
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Tesla, BMW challenge EU tariffs on China-made EVsTesla (NASDAQ:TSLA) and German automaker BMW (OTCPK:BMWKY) have joined Chinese electric vehicle makers BYD (OTCPK:BYDDF), Geely Automobile (OTCPK:GELYF), and SAIC Motor in challenging the ...
BMW’s Chinese-made BEVs now incur EU import tariffs of close to 21%, while for BYD’ Auto the tariff rate is set at 17%; Geely 19%; and SAIC Motor 35%. Olof Gill, spokesperson for the European ...
Two of the suitors are Chinese rivals SAIC and Nanjing Auto, both of which ended up with a piece of MG Rover when the company went under, while rights to the brand itself reverted to BMW.
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