Wuling is recently full of surprises. Last week they announced plans for global expansion, and yesterday they unveiled a new EV co-developed with Alibaba. The new car is based on Baojun KiWi EV, which became a mini star of Shanghai Autoshow 2021 when Nio’s CEO William Li said it was the most impressive car he saw there.
Roewe has released a teaser of their new RX5, a new compact SUV for China. The Roewe RX5 will debut later this month on the Beijing Auto Show and launch on the Chinese car market in Q4. The RX5 features an impressive front with large all-LED lights. Power will come from 1.4 turbo and 1.6 petrol engines.
China’s e-commerce giant Alibaba Group (web) has signed an agreement with China Grand Auto Services Co Ltd. (web), the country’s largest passenger vehicle dealer, to set up an online trading platform for secondhand cars. The move will basically create a Chinese version of eBay Motors and has the potential to serious shake up China’s secondhand car market, and to add serious money to Alibaba’s coffers.