German Auto

Smart delivered a total of 27,702 EVs in China from January to July, bringing the total number of units delivered in China since the electrification transition to 37,044.

The Audi e-tron GT is powered by dual motors and can sprint from 0 to 100 km/h in 4.1 seconds with a WLTP range of 488 km.

BMW will be fully prepared for the future adaptation and application of L3 autonomous driving features in China in accordance with local regulatory requirements, it said.

Through Volkswagen's partnership with Xpeng and Audi's with SAIC, Volkswagen is strengthening its position in the Chinese auto market, the German auto giant said.

Last month, there were rumors that Mercedes-Benz would build its next-generation models based on Nio's standards, though this was quickly denied by Nio.

SAIC and Audi believe that China's auto market is undergoing an unprecedented and dramatic transformation, and will therefore further deepen their strategic cooperation.

Due to a software issue, the ESP internal monitoring program in the vehicles covered by this recall may incorrectly determine a malfunction at the start of the driving cycle.

The Smart #1 will also be available in Italy, the Netherlands, and Portugal, and the Smart #3 will be officially launched and deliveries will begin in Europe early next year.

Tianqi has acquired a 2.83 percent stake in Smart, giving the Mercedes-Geely JV a valuation of $5.3 billion.

Buying a BEV platform in China could be one of the "big bangs" needed for Volkswagen stock to break out of what can by now only be characterized as being largely ignored by many of the largest asset managers globally, Deutsche Bank said.