Market & Industry
GAC Group’s Q1-Q3 revenue edges up 0.38% YoY
GAC Group’s Q1-Q3 revenue edges up 0.38% YoY

For the first three quarters, GAC Group’s revenue climbed 0.38% year on year to 42.846 billion yuan ($6.380 billion), according to the financial results the automaker released on October 30.

Oct. 30 , 2020
NIO's monthly outputs reach 5,000 units for first time
NIO's monthly outputs reach 5,000 units for first time

On October 29, NIO's 5,000th complete vehicle produced in this month rolled off the production line at the JAC-NIO Advanced Manufacturing Center.

Oct. 29 , 2020
Great Wall Motor to roll out new models in the next two years
Great Wall Motor to roll out new models in the next two years

Great Wall Motor plans to roll out several new products in the coming two years, including some new energy vehicle models.

Oct. 29 , 2020
Geely Auto’s first CMA-based sedan Xing Rui to go on sale on Nov. 1
Geely Auto’s first CMA-based sedan Xing Rui to go on sale on Nov. 1

The Xing Rui, Geely Auto’s first sedan model based on Compact Modular Architecture (CMA), will hit the market on November 1, according to a posting on Geely Auto’s WeChat account.

Oct. 27 , 2020
SAIC VW's EV-only plant starts official production
SAIC VW's EV-only plant starts official production

On October 27, the ID.4 X, SAIC Volkswagen (SAIC VW)'s first all-electric compact SUV, was formally put into production at the joint venture's NEV-focused plant in Anting, Shanghai.

Oct. 27 , 2020
Geely Holding, China Mobile to team up on 5G intelligent car, autonomous driving
Geely Holding, China Mobile to team up on 5G intelligent car, autonomous driving

China Mobile and Zhejiang Geely Holding Group entered into an agreement on Oct. 26 to carry out strategic cooperation in a number of fields including auto-related intelligent connectivity and autonomous driving.

Oct. 27 , 2020