Market & Industry
Tesla builds sales service subsidiary in Harbin
Tesla builds sales service subsidiary in Harbin

U.S. EV manufacturer Tesla recently set up a new sales service company in Harbin, the capital of Heilongjiang province, according to the corporate data platform Tianyancha.

Dec. 18 , 2020
SAIC’s premium EV brand Zhiji Motor to show three models at Auto China 2021
SAIC’s premium EV brand Zhiji Motor to show three models at Auto China 2021

Zhiji Motor, an upscale electric vehicle (EV) brand announced by SAIC Motor, will showcase three all-new vehicles models at next year’s Shanghai International Automobile Exhibition (Auto China 2021), according to a local media outlet.

Dec. 18 , 2020
China auto sales in 2020 expected to recover to prior-year level
China auto sales in 2020 expected to recover to prior-year level

China’s auto industry for the year of 2020 is forecasted to recover to the year-ago level, Meng Wei, a spokeswoman for China’s National Development and Reform Commission (NDRC) said at a press conference held on Dec. 16.

Dec. 17 , 2020
SAIC’s R brand to announce tech brand ‘R-TECH’ in Jan. 2021
SAIC’s R brand to announce tech brand ‘R-TECH’ in Jan. 2021

The “R” brand, a high-end full-electric vehicle (BEV) brand of SAIC Motor Passenger Vehicle Company, will launch next month a fire new technology brand dubbed “R-TECH”, according to a local media outlet.

Dec. 15 , 2020
BYD’s new Fudi subsidiary works on import & export businesses
BYD’s new Fudi subsidiary works on import & export businesses

BYD recently founded Fudi Industry Co.,Ltd., a new subsidiary under Fudi, through which BYD intends to sell batteries and electric components to other automakers.

Dec. 15 , 2020
SAIC’s upscale EV brand, CATL allying on new battery tech to allow 1,000km range
SAIC’s upscale EV brand, CATL allying on new battery tech to allow 1,000km range

Zhiji Motor is working with CATL on the development of the so-called “silicon-doped "silicon-doped lithium supplement battery cell" technology, which is expected to enable a range of up to 1,000km.

Dec. 14 , 2020