A Chinese Property Developer is Offering a BMW If You Buy Its Property
A Chinese property developer is offering a BMW 3 Series or a BMW X1 to anyone who buys a three-bedroom unit or townhouse at its development property in Shanghai. The developer, China Merchants Shekou Industrial Zone Holdings Co., is pulling out all the stops to lure buyers in the wake of lending curbs and funding constraints that have squeezed their finances. The giveaway is just one example of the lengths Chinese property developers are going to for the sake of boosting sales.
5 Chinese cars you (probably) wouldn’t mind owning
Brace yourself for the wind of change straight from the People’s Republic
After World War II, Japan started making and exporting cars, and people laughed at the prospect. The market eventually realized Japanese-made cars were by no means a laughing matter, though, and their popularity soared to the detriment of locally-manufactured motors.
Next came South Korea. While a few decades behind the Japanese automotive industry at first, it has since caught up and reduced the handicap considerably. The story repeated itself for Korean cars too - in the 1980s and 1990s, they were often ridiculed, and nobody took them seriously, yet they are making cars that are just about on par with what Japan, Europe, and the U.S. are making.
So now that Japan and Korea have established themselves firmly on the global automotive scene, is it time for a new player to step in and shake things up a bit? China seems like the perfect candidate, as most of its domestically designed and manufactured cars are currently being made fun of, people calling them copycat efforts, unsafe, and lacking in technology.
But that perception is slowly changing, and there’s no reason why the Chinese automotive industry won’t match the best the world has to offer within the next decade; they’re already pretty close now with several models which, even as a car savvy American or European, you’d genuinely not mind owning. And, let’s not forget Chinese automakers are, as you are reading this, plotting their entry into the U.S. market. Trumpchi is one such automaker that has clearly announced its ambitions to start selling cars Stateside as early as 2019, albeit under a different brand name that was created specifically for that purpose.
Here are five current Chinese cars you’d (probably) not mind owning.
Investor Says That Only 1 Percent of China’s EV Startups Will Survive
China may be ground zero for hundreds of startup EV automakers, but that doesn’t mean success is on the horizon for a lot of these companies. That’s the sentiment shared by NIO Capital Managing Partner Ian Zhu, who told Bloomberg that 99 percent of all Chinese startup electric car makers will fail to get off the ground because of a lack of significant investment in the technology.
2019 Ford Territory
Although it will never come to the U.S. in this guise (or any other I am afraid), I feel that we should know all there is to know about the new Ford Territory. This very car may showcase the future of Ford crossovers. Revealed for the Chinese market only, the Ford Territory is actually a reimagination of the famous Territory sold in Australia. However, unlike the Australian car which was a full-fledged Ford product, the newest Ford Territory is actually a rebadged JMC Yusheng S330. Ford developed it with Jiangling Motors Corporation (JMC) to give Chinese customers another option in the sea of similar compact SUVs available there.
China Will Begin Tracking Cars with RFID Technology
How would you feel knowing that every time you took your car out, the government knew where you’re headed to? Would it feel like an invasion of privacy? Well, the Chinese government thinks otherwise. The government is developing a program that will make it possible to track citizens’ cars using Radio-Frequency Identification (RFID) chips. The main motive behind this is to study and improve the traffic congestion on roads, which in turn will help reduce pollution. We hope it’s limited to just that!
The Skoda Kamiq Is a Cool Crossover You Can’t Buy
Much like any mainstream automaker out there, Skoda also jumped on the SUV bandwagon, launching two crossovers over the last two years. Following the introduction of the midsize Kodiaq in 2016, Skoda unveiled the compact Karoq in 2017. Come 2018, and the Czech automaker is adding a third crossover to the lineup. It’s called the Kamiq, it was unveiled in China, and you won’t be able to buy it unless you move to the Asian country.
2019 Mercedes-Benz A-Class L Sedan
Unveiled as a concept car at the 2017 Shanghai Auto Show, the sedan version of the A-Class unveiled itself to the world in production form at the 2018 Beijing Auto Show. As expected, the A-Class Sedan is pretty much a shrunken CLA, boasting a coupe-style roof and a short deck lid. Shown here is the longer wheelbase version developed specifically for the Chinese market.
Set to go on sale in the second half of 2018, the A-Class L sedan is produced at produced at Beijing Benz Automotive (BBAC), a joint venture between Daimler and BAIC Motor. While the A-Class L won’t be sold outside China, a regular wheelbase model will follow in the second half of the year to take on the Audi A3 Sedan in Europe and the United States. And AMG variant is also likely, but until that happens, let’s find out what sets the A-Class Sedan apart from its hatchback sibling.
Continue reading to learn more about the Mercedes-Benz A-Class L Sedan.
Meet the Volkswagen Lavida - One of Volkswagen’s Most Important Models in the Chinese Market
With 3.2 million vehicles sold in 2017, Volkswagen is doing extremely well in China, and it’s not surprising that the company’s current strategy includes the introduction of nine new models in the said market in 2018. One of those cars is the Arteon, which we already saw break cover in Europe and the U.S. But unlike these two markets, China is getting the Arteon with a CC badge. Another new model is the Lavida, which was redesigned after six years on the market and launched at the 2018 Beijing Auto Show.
BMW’s Electric Offensive Now Includes 80,000 New Public Charging Poles in China
Every automaker has ambitions to get a bigger piece of the electric car market in China, and since the segment itself is on the cusp of a game-changing boom, that’s exactly what we’re seeing from a company like BMW. The German automaker is announcing a massive expansion to its charging network in China with plans to install more than 80,000 charging poles in over 100 Chinese cities. The company’s goal is to have these poles up-and-running when its fleet of new electric cars hit the market in the coming years.
China Wants Half Of All New Cars To Come With AI By 2020
Chinese state planners have announced that the nation aims to have half of its new cars equipped with artificial intelligence by the year 2020. The announcement comes amid China’s plans to ramp up connected car and AI technology over the next decade.
Continue reading for the full story.
Chinese Businessman Pays for a BMW With Coins: Video
A Chinese man bought a BMW. That’s not exactly news-worthy, right? What makes this worthy of the news is that the man paid for the first installment for the Bimmer entirely with coins that added up to almost $11,000. Our parents did say that the loose change from our piggy banks would come in handy at some point in time.
Is China Getting a Longer Q2 EV?
We already know that the Audi Q2 is here because it was launched in 2017. We also know that a long-wheelbase version of the Q2, dubbed the Q2 L, will go on sale in China in 2019. Now it seems that the small crossover family is getting another member in the form of an all-electric Q2 L that’s tipped to make its debut in the next few years.
There’s a New Porsche Design Studio Inside a Chinese Mall!
If you’re a company that’s raking in the big bucks in a market like China, you can get creative in how you want to offer your vehicles in that market. Take Porsche, for example. The German automaker considers China as its biggest market and it has 100 sales locations throughout the country to show for it. The newest of these locations is a studio the company just opened inside a shopping mall in Guangzhou, China. Yep, that’s how Porsche rolls in China these days.