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1 week ago | 
yicaiglobal.com | Wu Ziye
(Yicai) April 14 -- Shanghai has expanded the scope of its trade-in vehicle subsidies to used cars with license plates from outside the city to further promote automobile consumption.
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1 week ago | 
yicaiglobal.com | Wu Ziye
(Yicai) April 14 -- Agreeing on a minimum price for China-made electric vehicles imported to the European Union will be more beneficial to Chinese carmakers than tariffs, according to experts.
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1 month ago | 
yicaiglobal.com | Wu Ziye
(Yicai) March 26 -- BMW has allied with Alibaba Group Holding to jointly research and develop large language models, intelligent voice interaction, and other cutting-edge technologies, with the German auto giant to adopt AI tech from the Chinese internet giant for its new models in China. BMW will equip Alibaba's Tongyi Qianwen LLM series to its next-generation China-made models, which are set to start mass-production next year, the Munich-based carmaker announced today.
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1 month ago | 
yicaiglobal.com | Wu Ziye
(Yicai) March 25 -- Chinese car exports to Russia have slowed sharply this year, after a period of rapid growth, as Russia moves to bolster domestic production by hiking taxes on imported vehicles and introducing other trade protectionist measures. The number of Chinese cars exported to Russia plummeted 49 percent in January and February from the same period a year earlier to 57,592 units, according to data from the China Passenger Car Association.
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1 month ago | 
yicaiglobal.com | Wu Ziye
(Yicai) March 14 -- The percentage of unprofitable auto dealers in China shrank last year, mainly because the government subsidies introduced in the second half of the year boosted demand. Forty-two percent of car dealers in China reported losses in 2024, compared with 51 percent in the first half of the year and 44 percent in 2023, according to a survey from the China Automotive Dealers Association.
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1 month ago | 
yicaiglobal.com | Wu Ziye
(Yicai) March 5 -- Inventories at car dealerships in China declined in February, mainly because of dealers' efforts to clear inventories before the Chinese New Year holiday and vehicle procurement pace adjustments. The China Automobile Dealers Association's Vehicle Inventory Alert Index for dealers came in at 56.9 percent last month, down from 64.1 percent a year earlier and 62.3 in January, according to data released on March 3. However, the index remains above the boom-bust threshold of 50.
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1 month ago | 
yicaiglobal.com | Dou Shicong |Zhang Ke |Wu Ziye |Huang Lin
We sent you a codeEnter it below to verify via You'll need a passwordMake sure it's 8 characters or moreSHOW PASSWORD/HIDE PASSWORDSuccess! Welcome to Yicai GlobalFind your Yicai Global accountCheck your emailWe've sent an email to with a confirmation code. Enter the code below to reset your password. If you don't see the email, check your junk, spam or other folders. Change your passwordStrong passwords include numbers,letters,and special characters.
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1 month ago | 
yicaiglobal.com | Dou Shicong |Zhang Ke |Wu Ziye |Huang Lin
We sent you a codeEnter it below to verify via You'll need a passwordMake sure it's 8 characters or moreSHOW PASSWORD/HIDE PASSWORDSuccess! Welcome to Yicai GlobalFind your Yicai Global accountCheck your emailWe've sent an email to with a confirmation code. Enter the code below to reset your password. If you don't see the email, check your junk, spam or other folders. Change your passwordStrong passwords include numbers,letters,and special characters.
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1 month ago | 
yicaiglobal.com | Wu Ziye |Wei Wen
(Yicai) Feb. 27 -- China's new energy vehicle industry is still in the first stage of technological transformation and the electric car revolution can only be deemed successful after completing its electrification, intelligence, and low-carbon transition, according to the vice chairman of third-party think tank China EV100.
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1 month ago | 
yicaiglobal.com | Wu Ziye
(Yicai) Feb. 25 -- The joint venture that manufactures Audi and Volkswagen-branded vehicles in China will reduce prices of two pure electric models in the ID series by up to CNY55,000 (USD7,590) amid intensifying price competition.
