The premium auto brand “IM” (dubbed “Zhiji Motor” in Chinese) jointly developed by SAIC Motor, Alibaba and Shanghai’s Pudong New Area was formally launched on Jan. 13. Meanwhile, two concept models under “IM” were unveiled at the same time.
AUDI AG and Volkswagen Group China will receive a 60-percent share, making this company – founded for the local production of fully electric Audi models on the “Premium Platform Electric” (PPE) codeveloped with Porsche – the first cooperation company with a majority interest held by Audi in China.
BEIJING — Having successfully navigated the extreme hardship brought by the COVID-19 pandemic in 2020, manufacturers across China are kicking production into high gear to make use of every minute of the new year.
China's auto market saw a forecast-beating performance in 2020 despite the impact of the COVID-19 epidemic, thanks to policy support and a strong recovery in consumer demand, data from an industry association showed on Jan 13.
Experts call for greater use of non-polluting fuel in sectors like transport, buildings, power generation. Experts believe it's time to tap into hydrogen's potential to allow it to play a key role in China's clean and safe energy mix.
