GAC New Energy Automobile Co.,Ltd (GAC NE), the NEV unit of GAC Group, officially changed its name to GAC Aion New Energy Automobile Co.,Ltd. on Nov. 16, according to a document from State Administration for Market Regulation (SAMR).
Nov. 18 , 2020
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announced its unaudited financial results for the quarter ended September 30, 2020.
Nov. 18 , 2020
China auto sales reached 2.573 million units in October, growing 12.5% from a year earlier and showing year-on-year increase for the seventh month in a row, according to the China Association of Automobile Manufacturers (CAAM).
Nov. 17 , 2020
Huawei is merging the businesses of its Consumer Business Group (BG) and Smart Car Solutions Business Unit (BU), and the merger is directed by Yu Chengdong, CEO of Huawei Consumer BG, according to a local media outlet.
Nov. 16 , 2020
Changan Auto will join hands with Huawei and CATL to launch an all-new upmarket car brand, and the first model under the brand will soon go into mass production, Zhu Huarong, chairman of Changan Auto, said on Nov. 14.
Nov. 16 , 2020
Most Japanese brands sustained robust growth for their China businesses in October. Both Toyota and Honda posted double-digit increase in China sales last month. Notably, Toyota was also the fastest-growing one in terms of Jan.-Oct. sales.
Nov. 13 , 2020