- Hefei said to pump 2 billion yuan into EV startup Leapmotor
Hefei municipal government intends to invest around 2 billion yuan ($308.2 million) in Leapmotor, a Hangzhou-headquartered Chinese EV startup, according to a local media outlet, quoting a person close...
Jan. 22 , 2021
- Xpeng-backed auto parts manufacturing subsidiary founded in Shenzhen
Guangzhou Chengxing Zhidong Motors Technology Co.,Ltd. (Chengxing Zhidong), a subsidiary of Xpeng Motors, set up an auto parts manufacturing company last week.
Jan. 20 , 2021
- Great Wall Motor hits 10-million-unit production milestone for complete vehicles
The 10 millionth complete vehicle of Great Wall Motor (GWM) rolled off the production line at the automaker’s Xushui plant on Jan. 19, making GWM the first SUV-/pickup-focused Chinese automaker achi...
Jan. 20 , 2021
- SGMW says new Wuling-branded pickup named ‘Journey’
On Jan. 18, SAIC-GM-Wuling (SGMW), a joint venture between General Motors and two Chinese automakers, took the wraps off the first Wuling-branded new model for the year 2020.
Jan. 19 , 2021
- Geely Holding announces 2020 auto sales topping 2.1 million units
Zhejiang Geely Holding Group (Geely Holding or the Group), the parent of Geely Auto, said its full-year sales exceeded 2.1 million units in 2020.
Jan. 18 , 2021
- Toyota, Honda China sales rise in 2020, while Nissan, Mazda sales drop
In 2020, Toyota ranked first among Japanese automakers by selling nearly 1.8 million vehicles in China. Honda’s China business also logged growth in annual sales.
Jan. 15 , 2021
- SAIC-GM-Wuling honored No.1 BEV maker in China by 2020 sales
SAIC-GM-Wuling was crowned the No.1 carmaker in China by 2020 all-electric vehicles sales by virtue of its GSEV (Global Small Electric Vehicle) series.
Jan. 14 , 2021
- China auto sales dip 1.9% year on year in 2020
For the year of 2020, China auto sales edged down 1.9% year on year to 25.311 million units, according to the China Association of Automobile Manufacturers (CAAM).
Jan. 13 , 2021
