EV startup Byton to complete C financing round around midyear 2019

EV startup Byton the startup disclosed that its ongoing Series C financing round is expected to be completed around midyRead more

Honda records new-high April deliveries in China, so far

Honda saw its China deliveries in April jump 24.1% year on year to 125,407 units, hitting a new high in April sales for Read more

Changan Mazda gets new President

Hideaki Tanaka, former President of Changan Mazda, has left the company after 3-year tenure. His post is succeeded by ToRead more

BAIC Motor gains 17.45% year on year growth in Q1 operating income

BAIC Motor Corporation Limited (BAIC Motor) said on April 30 that its operating income for the first quarter totaled RMBRead more

Geely-backed Proton gains 50.7% year-on-year surge in Jan.-Apr. sales

Proton, a Malaysia’s national carmaker backed by Geely Holding Group, sold 7,011 new vehicles in April, gaining a year-Read more

China announces 10 cities/provinces for pre-owned car export pilot program

China’s authority announced on May 5 the first batch of cities/provinces that are allowed to conduct the pilot program Read more

Hainan Province to remove NEV local subsidy from June 26

The government of China’s Hainan Province recently announced that consumers who buy new energy vehicles (NEVs) with licRead more

China’s Zotye Auto to roll out 10 plus NEV models by 2020

Zotye Auto, a China-based privately-owned automaker, plans to roll out over 10 NEV models by 2020 as part of its newly-lRead more

Changan Automobile sees 250.62% year-on-year plunge in Q1 net profit attributable to shareholders

Chongqing Changan Automobile Co., Ltd said on April 30 that its operating income in the first quarter of the year slumpeRead more

GAC Group posts 28.4% year-on-year drop in Q1 net profit

GAC Group’s revenue for the first quarter of 2019 reached RMB14.256 billion, slumping 25.74% compared with the same perRead more