Shenzhen is about to become the first city in the world to open its main roads to autonomous driving cars. Around 4,000 companies in China are linked to the automated driving sector, 20 percent of which are based in Shenzhen. Frank Sieren shows how the high-tech metropolis in southern China is succeeding in bringing driverless […]
Betsy Nagel is leaving her position as startup manager at Audi China and moving back to Ingolstadt, where she will become head of testing parts management for chassis, powertrains and COP. Nagel had been working for Audi China in Changchun, Jilin Province, since April 2019.Dennis Krämer joined Daimler Greater China in Zhenjiang earlier this month […]
World events continue to be dominated by Vladimir Putin’s bloody war in Ukraine. And the indirect effect of sanctions against Russia is also causing Chinese conglomerates to ponder. They are still hesitant to step into the gap left by the withdrawal of Western companies, analyzes our team in Beijing. But the arrest of Huawei’s chief […]
Xinyu Liu has been promoted by SAIC to CEO of MG Motor Europe. Liu joined MG in 2019 from the SAIC-Volkswagen Group joint venture in China and was appointed CEO of MG in France in 2020. He has spent two decades at SAIC, most recently as general manager of the Skoda division at SAIC-Volkswagen.
Until now, China’s zero-covid strategy has been considered highly successful. With strict lockdowns, large-scale mass testing, and digital tracking, it seemed that the government in Beijing could keep Corona under control. But the recent signs in Hong Kong are now spreading to the mainland, where the number of new infections is rising rapidly. Volkswagen has […]
Christiane Fischer became the new head of Supplier Management, Divisional Logistics Automotive Electronics at Bosch China in Suzhou, Jiangsu, at the beginning of the month. Fischer was previously Senior Logistics Manager at United Automotive Electronic Systems (UAES), the joint venture between Zhong-Lian Automotive Electronics and Bosch in Shanghai.Freda Wang has been appointed Regional President for […]
The nationwide power outages of late last summer are probably still fresh in the minds of many in China. Millions were left in the dark, and entire factories came to a standstill – with repercussions for supply chains around the globe. This put the guarantee of power security through the expansion of energy storage at […]
Zhu Zhanjun becomes the new Co-Chief Executive Officer of Shenzhen-based GCL Technology, one of the largest manufacturers of polysilicon for the solar and semiconductor industries.Richard Li will become the new China Head of the retail and commercial banking division of the British bank Standard Chartered. Li has served in the banking sector for more than […]
German sporting goods manufacturer Puma is preparing for a difficult year. Puma is struggling because of the ongoing boycott in China. Sales here are likely to decline again in the first quarter, Puma CEO Bjoern Gulden said on Wednesday. “I can’t promise growth here for the full year, but I hope it will happen.” Puma […]
German automakers in China have been waiting a long time for this step: the relaxation of the joint venture obligation. This requirement stipulated that foreign manufacturers could never hold more than 50 percent of a company in China and could only operate joint ventures with domestic partners. In the commercial vehicle business, this requirement fell […]