Market & Industry
Geely Auto announces CMA Modular Architecture for 4.0 car-building era
Geely Auto announces CMA Modular Architecture for 4.0 car-building era

At the Chengdu Motor Show 2020, Geely Auto announced that its modular auto architecture is officially named “CMA Mudular Architecture” (“Chaoji Muti”, in Chinese), where the models will be based in the “Technology Geely 4.0 Era”.

Jul. 27 , 2020
NIO adds used car distribution, brokerage onto business scope
NIO adds used car distribution, brokerage onto business scope

Shanghai NIO Automobile Sale Service Co.,Ltd., a wholly-owned subsidiary of NIO (Anhui) Holding Ltd., has added the distribution and brokerage of used cars on to its business scope, according to the corporate data platform Tianyancha.

Jul. 27 , 2020
Luxury auto brands move ahead of China’s overall PV sales recovery
Luxury auto brands move ahead of China’s overall PV sales recovery

Luxury brands defied the overall downward trend with their deliveries jumping 27% from a year ago to 246,236 units, versus the 5.1% and 17.3% decline in the sales of mainstream JV brands and China’s self-owned brands.

Jul. 27 , 2020
Geely’s CV arm to buy 15.24% stake in Anhui-based CV manufacturer Hualing Xingma
Geely’s CV arm to buy 15.24% stake in Anhui-based CV manufacturer Hualing Xingma

Zhejiang Geely New Energy Commercial Vehicle Group (GCV), a wholly-owned subsidiary of Zhejiang Geely Holding Group, will acquire 15.24% stake in Hualing Xingma Automobile (Group) Co.,Ltd.

Jul. 23 , 2020
Great Wall Motor’s WEY to unveil new off-road SUV dubbed “Tank 300” at Chengdu Motor Show
Great Wall Motor’s WEY to unveil new off-road SUV dubbed “Tank 300” at Chengdu Motor Show

Great Wall Motor (GWM) is going to offer the first glimpse of an all-new off-road SUV dubbed “Tank 300” at the Chengdu Motor Show 2020 that kicked off on July 24. This is the first model built on the “Tank·WEY” platform.

Jul. 23 , 2020
JAC Volkswagen’s registered capital increased by over 5 billion yuan
JAC Volkswagen’s registered capital increased by over 5 billion yuan

Both JAC Motors and Volkswagen (China) Investment Co., Ltd. have finished subscribing for the equity stake newly issued by JAC Volkswagen, which made the registered capital of the joint venture surge to 7.356 billion yuan from 2 billion yuan.

Jul. 22 , 2020