China issues detail policies regarding Purchase Vehicle Purchase Tax Law

To implement earnestly Vehicle Purchase Tax Law of the PRC, China’s Ministry of Finance and State Taxation AdministratiRead more

Chery Holding gains at least RMB10 billion worth of credit line from China Everbright Bank

On May 23, Chery Holdings Co.,Ltd signed a strategic cooperation agreement with China Everbright Bank for a credit line Read more

Locally produced Volvo XC40 hits China with price starting RMB264,800

The China-made Volvo XC40 officially hit China’s market on May 24 with suggested prices ranging between RMB264,800 and Read more

Tesla to hold job fair for Shanghai Gigafactory on May 29

The U.S.-based EV startup Tesla is ready to hold a job fair on May 29 to recruit staff for its Gigafactory 3 in ShanghaiRead more

JAC Motors, CMC to acquire 51% stake in Kazakhstan-based AllurGroup

JAC Motors and China National Machinery IMP. & EXP. CORP (CMC) struck a deal on May 21 to acquire a total of 51% stake iRead more

Didi launches intercity carpooling service in Chengdu

China’s ride-hailing giant Didi Chuxing has launched an intercity car-pooling service in Chengdu, the capital of ChinaRead more

Cost Of Charging A Tesla Model S Around The World

No matter where in the world you charge your car, it will likely still save you money over paying for gas. However, withRead more

China EV startup AIWAYS said to acquire stakes in Jiangling Motors

China-based EV startup AIWAYS is said to acquire stakes in Jiangling Motors Co., Ltd. (JMC), while the detail transactioRead more

BYD says newly received RMB3.458 billion state’s NEV subsidy helps improve cash flow

BYD Company Limited said on May 22 that its subsidiary BYD Auto Industry Company Limited has received the state’s subsiRead more

Tencent’s in-car WeChat likely to be landed in 2019

Chinese Internet giant Tencent has integrated the extremely popular WeChat service into its IoV (Internet of Vehicles) eRead more

Dongfeng Motor’s mobility service brand DF-GO to start operation in Wuhan in late May

DF-GO, a mobility service brand of Dongfeng Motor Group, is ready to start operation in Wuhan, capital of China’s HubeiRead more

Meituan expands “aggregation” ride-hailing pilot service into another 15 cities

Meituan, the ride-hailing arm of Chinese lifestyle services platform Meituan-Dianping, recently expanded its “aggregatiRead more