- Hongqi’s S9 supercar to be priced at over 10 mln yuan
Hongqi, the premium auto brand of FAW Group, will launch its first supercar model, the Hongqi S9, at the end of 2020, which is expected to be priced at over 10 million yuan ($1,429,000), according to ...
July 16 , 2020
- SGWM says sales in June surge 24% year on year
SAIC-GM-Wuling (SGMW), General Motors’ joint venture with two Chinese automakers, boasted an impressive 24% year-on-year growth in June with 124,000 vehicles sold, according to a post on SGWM’s We...
July 03 , 2020
- BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds
BAIC BJEV, BAIC Group’s NEV arm, plans to publicly issue corporate bonds with a principal amounting to not more than 3 billion yuan ($423,268,500), according to its parent company BAIC BluePark New ...
June 19 , 2020
- Beijing to newly install at least 50,000 EV charging piles by 2022
Beijing attempts to newly build no fewer than 50,000 EV charging piles and roughly 100 battery swapping stations by 2022, as part of action plans designed for a quicker move on constructing the so-cal...
June 12 , 2020
- China’s new energy PV wholesales continue to rebound in May
Automakers in China sold roughly 70,200 locally-produced new energy PVs (NEPVs) in May, posting a year-on-year decline of 25.8%, while gaining a 19.5% growth compared to a month ago, according to the ...
June 09 , 2020
- BYD’s new Tang EV said to be fitted with blade battery
BYD’s all-new Tang EV is likely to carry the “blade battery”, a new type of new lithium iron phosphate battery (LFP battery) developed by BYD to largely increase the energy density of battery pa...
June 05 , 2020
- BMW partners with State Grid EV on R&D, promotion of charging service, tech
BMW Group signedan agreement with State Grid Electric Vehicle Service Co., Ltd. for a strategic cooperation on the R&D and innovation of battery charging technologies, the popularization of charging s...
June 03 , 2020
- Volkswagen Group to buy 50% stake in JAC Motors’ parent company
Volkswagen Group agreed to purchase 50% stake in Anhui Jianghuai Automobile Group Holdings Limited, the company parent of Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Motors).
May 29 , 2020
