American Auto

The Mustang Mach-E team will be integrated back into Ford China and the separate entity running the project will be written off in the future, according to local media.

Zhu Jiang, a former executive at Nio, Ford and Jidu Auto, has joined Lucid to head up its China operations, and he said Lucid is starting to prepare for its entry into the country.

The Electra E5 received more than 8,000 orders after 12 days on the market, Buick previously said.

Buick Electra E5's aggressive pricing in China has garnered a good initial reception.

The Electra E5 is comparable in size to the FAW-Volkswagen ID.6 CROZZ, but priced about RMB 50,000 less than the latter.

The Electra E5, Buick's first electric model based on the Ultium platform, is a 5-seat SUV measuring 4,892 mm in length.

Ford is clearing out Mustang Mach-E inventory, and Chinese consumers have until April 30 to take advantage of the discount.

Buick is about to launch the Electra E5, the brand's first big five-seat SUV based on GM's Ultium platform.

GM's Ultium-equipped plant in Wuhan will go into production by the end of this year.

Buick's all-electric Electra is a 5-seat mid-to-large-size SUV with a single motor delivering 180 kW of peak power.