BMW execs defect to Chinese EV company, report says

By:

Tian Ying

April 19, 2016 05:00 AM

BEIJING -- A Chinese electric-vehicle company backed by Tencent Holdings Ltd. and Foxconn Technology Group has hired a team of managers from BMW Group's i subbrand, according to people familiar with the matter.

Featured Stories

Ford

Tariffs already hurting vehicle affordability as more price hikes loom

Ford

Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.

By:

Michael Martinez

Tariffs already hurting vehicle affordability as more price hikes loom

Manufacturing

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

Kia technician training program for veterans helps dealership boost productivity

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

Manufacturing

By:

Hans Greimel

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

Latest News

Musk took leased cars back so Tesla could use them as robotaxis. Instead, Tesla sold them

Aurora bringing back human backups to self-driving trucks after Paccar spat

Daily 5 report for May 16: Stellantis’ to-be-announced CEO will need to fix this, fast

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

Staying current is easy with newsletters delivered straight to your inbox.

See More in Newsletters

Guest commentary: For Akio Toyoda’s sake, he must listen to Toyota’s dissatisfied shareholders and reform strategy

Top 5 stories of the week: Women in auto; Birchwood’s latest buy; GM improves profit; more

Staying current is easy with newsletters delivered straight to your inbox.