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Cadillac Lyriq available for pre-order in China, priced from about $68,940
The first available version of the Cadillac Lyriq in China is a single-motor, rear-wheel-drive, long-range one that is expected to be delivered in mid-2022.
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Former Nio, Ford exec Zhu Jiang joins Baidu's car-making arm Jidu
Zhu joined Nio in 2017 as vice president of user development. He joined Ford China on June 1, 2020 and get the Mustang Mach-E launched in China.
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Ford entices Chinese consumers to order Mustang Mach-E by giving away $2,340 worth of software package
Previously Ford only allowed the first Mustang Mach-E customers to experience the Co-Pilot 360 software for free for 90 days.
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Further Reading: Why some Chinese consumers are canceling orders for Ford Mustang Mach-E
This reflects the dilemma facing traditional car companies transitioning to electric vehicles.
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Cadillac's first EV Lyriq to be launched in China on Nov 17
The Cadillac Lyriq was launched in the US earlier this year with a starting price of $59,990.
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China-made Ford Mustang Mach-E sees first production vehicles roll off line
Ford China announced that official reservations for the Mustang Mach-E are available immediately, with deliveries expected by the end of the year.
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Faraday Future says Hanford plant production equipment installation completed, further pushing back against short-selling attack
Faraday Future was up more than 4 percent in pre-market trading after releasing the update.
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GM confirms $300 million investment in Chinese self-driving unicorn Momenta
Momenta was founded in 2016 and received a $46 million investment led by Nio Capital in 2017.
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GM reportedly leads investment in Chinese self-driving unicorn Momenta with $400 million
In 2017, Momenta received a Series B investment of $46 million led by Nio Capital, the venture capital arm of Nio.
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GM steps up bets in China by introducing Ultium platform
General Motors announced Tuesday that it is officially introducing its Ultium electric vehicle platform to the Chinese market "to join Chinese consumers on their journey to an all-electric future."









