VW Group has hatched an ambitious road map to hike global battery output at the same time its China unit declared a goal to sell 1.5 million electrified vehicles annually by 2025. 

Faraday Future, the U.S. startup founded by Chinese entrepreneur Jia Yueting, has recruited Chen Xuefeng, a former senior executive at Jaguar Land Rover’s China joint venture, as CEO of China operations. 

Grupo Antolin established a joint venture in Shanghai with local automotive electronics company Naen Auto Technology to develop electronic control units for vehicle interiors and exteriors supplied by Antolin. 

Polestar, the electric performance brand owned by Volvo and its Chinese parent, Zhejiang Geely Holding Group, named Nathan Forshaw head of operations in China and Asia Pacific. The appointment is effective April 1.

Zhejiang Geely Holding Group in January signed an agreement with Foxconn, the Taiwanese contract manufacturer for Apple’s iPhones, to offer production services for other automakers.

Chinese car shoppers are much more inclined to buy an electric vehicle than their peers in the rest of the world, according to a mobility study from Continental.

Audi plans to launch output of a new generation of electric vehicles in 2024 in China under a three-way partnership to be formed with VW Group and China's FAW Group.

An extended, robust sales recovery since the pandemic battered the industry in the first quarter of 2020 enabled Mercedes-Benz, Audi and BMW to finish 2020 with record deliveries in China. 

Fueling the shortage is soaring demand for chips in digital devices such as phones and computers, which is diverting deliveries away from automotive customers.

VW Group will build the plant for MEB-based EVs in Hefei, in a joint venture with automaker Jianghuai. Production is expected to begin in 2023.

Li made significant contributions to Geely’s integration of Volvo after Geely acquired the Swedish automaker in 2010.

The automaker’s transmission plant in Tianjin began output of the motor, codenamed APP310, which will first be used in the ID4, due next year.

The UK automaker is moving to streamline its management structure and oversight by allowing China CEO Pan Qing to take the helm of local operations. 

VW will introduce eight ID-series electric vehicles in China by the end of 2023, aiming to greatly enhance its green credentials in the key market.

Tesla will begin exporting Model 3 sedans assembled at its Shanghai plant to Europe next week, according to Chinese media. Some 7,000 Model 3s are due to leave the Shanghai port Tuesday for Europe.