Market & Industry
MBtech bowing out of BAIC MBtech won’t affect BAIC-Daimler partnership
MBtech bowing out of BAIC MBtech won’t affect BAIC-Daimler partnership

The long-term partnership between BAIC Group and Daimler and the technology cooperation among BAIC Group, BAIC Motor and Daimler will not be affected by the change in BAIC MBtech Development Center Co.,Ltd. (BAIC MBtech)’s equity structure.

Oct. 19 , 2020
BYD purchases 6.93% stake in chipset developer Allystar
BYD purchases 6.93% stake in chipset developer Allystar

BYD Company Limited (BYD) has acquired 6.93% equity stake in Allystar Technology (Shenzhen) Co.,Ltd., becoming one of the five shareholders newly added on October 15 to the latter’s investor lineup.

Oct. 19 , 2020
Geely Technology Group launches intelligent battery swapping stations in Jinan
Geely Technology Group launches intelligent battery swapping stations in Jinan

Geely Technology Group and Jinan municipal government entered into on October 18 an all-round strategic cooperation to jointly develop smart battery swapping service network.

Oct. 19 , 2020
Production planning of SAIC Volkswagen’s MEB e-factory emerges
Production planning of SAIC Volkswagen’s MEB e-factory emerges

With a predicted annual capacity of 360,000 vehicles for the first phase, the SAIC VW's MEB factory is said to manufacture the Audi Q4 Sport e-tron, the Volkswagen ID.4 X, the mass-produced version of the ID.ROOMZZ and the SKODA ENYAQ.

Oct. 16 , 2020
Changan Auto names new president
Changan Auto names new president

Changan Automobile named Wang Jun as new president.

Oct. 16 , 2020
Dongfeng's domestic listing application accepted by Shenzhen Stock Exchange
Dongfeng's domestic listing application accepted by Shenzhen Stock Exchange

Shenzhen Stock Exchange said on October 13 it has accepted the application submitted by Dongfeng Motor Group Company Limited (called “Dongfeng Motor” for short), for going public on the ChiNext stock market.

Oct. 15 , 2020