- China's auto part supplier WBTL's 2021 revenue hits new high at RMB3.492 billion
China’s major auto part supplier Bethel Automotive Safety Systems Co., Ltd. (WBTL) reported annual revenue of RMB3.492 billion ($) in 2021, up 14.81% from a year ago.
Apr. 12 , 2022
- Toyota Gosei to build new airbag plant in China’s Guangdong province
Toyota Gosei Co., Ltd., an affiliate of Toyota Motor Corporation, plans to establish a new plant in Guangdong province of South China to consolidate its production network for airbags and steering whe...
Apr. 08 , 2022
- SemiDrive partners with Neusoft Reach for domain controllers
On April 7th, China’s automotive chip supplier SemiDrive has joined hands with software developer Neusoft Reach for automotive software/hardware solutions development in China.
Apr. 07 , 2022
- Joyson Electronics breaks ground on new industrial base in Hefei
China’s auto parts supplier Joyson Electronics’ auto safety arm, Joyson Safety, has started the construction of its new industrial base in Hefei, Anhui province, the company announced on April 6th...
Apr. 07 , 2022
- China encourages foreign auto companies further investment in local market
China is encouraging foreign enterprises to expand their investments in the world’s largest auto market, according to Vice Commerce Minister Wang Shouwen.
Apr. 02 , 2022
- NavInfo delivers turnaround with 140% YoY soar in net profit in 2021
China’s navigation player NavInfo delivered a turnaround from loss to profit in 2021, with a 139.26% year-over-year soar in net profit, according to its 2021 annual performance report released on Ma...
Mar. 31 , 2022
- Ningbo Tuopu Group projects at least 41% YoY jump in net profit in Q1 2022
China’s leading auto parts supplier, Ningbo Tuopu Group projected a 50% to 54% year-on-year surge in revenue in the first quarter of 2022, according to the company’s performance preannouncement re...
Mar. 30 , 2022
- ZF breaks ground on China’s fourth R&D center
ZF Friedrichshafen AG (“ZF”) recently broke ground on a new technology development center in Guangzhou, the capital of Southern China's Guangdong province.
Mar. 23 , 2022
