HOZON Auto, a Chinese EV startup possessing the NEV brand Nezha, was granted a credit line worth 5 billion yuan ($772.678 million) by China CITIC Bank on March 1, the company said via its WeChat account.
Mar. 4 , 2021
For the first two months of 2021, Honda handed over a total of 239,013 new vehicles to consumers in China, posting a vigorous growth of 48% from a year ago.
Mar. 3 , 2021
Evergrande announced in August 2020 the first six models to be offered under the Henchi brand. They are numbered rather simply from 1 to 6 (Hengchi 1 to Hengchi 6) and include various body styles from sedans to SUVs and a MPV, namely the Hengchi 4.
Mar. 3 , 2021
Zhejiang Leapmotor Technology Co.,Ltd. (Leapmotor) has introduced a new shareholder, Guosen Securities, a Chinese state-owned financial services company headquartered in Shenzhen, according to the corporate data platform Qichacha.
Mar. 2 , 2021
Chen Hong, chairman of China’s biggest automaker SAIC Motor, proposed greater efforts to increase the application of locally-produced automotive-grade chips.
Mar. 1 , 2021
China’s Vehicle Inventory Alert Index (VIA) stood at 52.2% in February 2021, which dropped 7.0 percentage points compared to the previous month and plunged 29 percentage points over the previous year, according to the CADA.
Mar. 1 , 2021