- WM Motor invests in Hunan-based software tech company
WM Motor Technology Group Company Limited (WM Motor) has acquired 15% stake in a Hunan-based software tech company, joining the growing number of automakers that attempt to get a foothold in software ...
Nov. 20 , 2020
- GAC Group aims to sell 3.5 million vehicles annually
By 2035, the group anticipated its production and sales will exceed 5 million units with revenue over RMB1 trillion.
Nov. 20 , 2020
- Hefei eyes 1-million-unit NEV capacity by 2025
Hefei, the capital of Anhui province, aims to lift its new energy vehicle (NEV) capacity to 1 million units and generate an output value of NEV industry exceeding 100 billion yuan ($15.187 billion) by...
Nov. 20 , 2020
- Brilliance Auto's parent goes into bankruptcy procedure
Huachen Automotive Group Holdings Company Limited (Huachen), the parent of Chinese carmaker Brilliance Auto, will declare bankruptcy on Nov. 20, according to a local media outlet, citing a person with...
Nov. 20 , 2020
- Great Wall Motor launches new-generation self-developed powertrain solution
Chinese carmaker Great Wall Motor (GWM) launched its self-developed new-generation powertrain solution on Nov. 19, a major headway made in independent technology development.
Nov. 19 , 2020
- Baoneng Motor founds auto parts subsidiary in Shenzhen
Baoneng Motor, the automotive unit of Chinese property conglomerate Baoneng Group, set up an auto parts subsidiary in Shenzhen on Nov. 16, according to the Chinese company information search platform ...
Nov. 19 , 2020
- Production start for Nissan-branded cars at Dongfeng Nissan’s Changzhou plant
On Nov. 18, Dongfeng Nissan officially kicked off production at the car plant in Changzhou with a Qashqai SUV rolling off the assembly line, according to Changzhou municipal government.
Nov. 19 , 2020
- China encourages license plate quotas be to increased
Local governments in China will be encouraged to lift license plate quotas as part of effort to boost car consumption bruised by the coronavirus pandemic.
Nov. 18 , 2020