- FAW-Toyota’s Prado officially discontinued
FAW-Toyota’s Prado officially bowed out of production on June 23, 2020 with its outputs ending at 346,706 units, as it has not suited China’s regulations on fuel consumption and emission.
June 24 , 2020
- FAW-Toyota’s Prado officially discontinued
- Geely’s all-new mid-sized SUV Haoyue goes on sales with price starting at 103,600 yuan
Geely’s all-new SUV “ Haoyue” hit the market on June 23 with its price range—103,600 yuan ($14,667) to 139,600 yuan ($19,764)—announced at the same time.
June 23 , 2020
- Geely’s all-new mid-sized SUV Haoyue goes on sales with price starting at 103,600 yuan
- Great Wall Motor’s auto parts supplier HYCET starts construction of 9AT base in Yongchuan
HYCET E-Chuang Technology Co.,Ltd. (HYCET), a wholly-owned subsidiary of Great Wall Motor (GWM), celebrated on June 19 the first spade cut of its 9AT (9-speed automatic transmission) base in Yongchuan...
June 23 , 2020
- Great Wall Motor’s auto parts supplier HYCET starts construction of 9AT base in Yongchuan
- Geely-backed Terrafugia unveils prototype of TF-2A air taxi
Terrafugia, a flying car developer owned by Geely Technology Group, unveiled on June 22 the appearance of the TF-2A’s prototype and said the aircraft’s full-scale vehicle will be launched before l...
June 23 , 2020
- Geely-backed Terrafugia unveils prototype of TF-2A air taxi
- Hubei to cancel restrictions on pickup entering cities
Hubei provincial government clearly stated that it will remove the restrictions on pickup trucks entering cities so as to help further spur local automobile consumption.
June 22 , 2020
- Hubei to cancel restrictions on pickup entering cities
- China’s NEV credit ratios from 2021 to 2023 required to be 14%, 16%, 18%
Chinese policy makers officially announced on June 22 that the credit ratios of new energy vehicles (NEVs) are respectively required to be 10%, 12%, 14%, 16% and 18% for the year of 2019 to 2023.
June 22 , 2020
- China’s NEV credit ratios from 2021 to 2023 required to be 14%, 16%, 18%
- Chongqing Changan’s parent names new chairman
China South Industries Group Corporation (CSGC) has named Xu Xianping as Chairman and Secretary of the Party Leading Group of CSGC.
June 19 , 2020
- Chongqing Changan’s parent names new chairman
- Geely's spokesman denies Geely's acquistion of Chongqing Lifan Holdings
Yang Xueliang, the spokesman of Zhejiang Geely Holding Group, denied the rumor which said the group is going to plans to become the top shareholder of Chongqing Lifan Holdings Ltd.
June 19 , 2020
- Geely's spokesman denies Geely's acquistion of Chongqing Lifan Holdings