China’s state planner said on June 24 it will remove foreign ownership caps for companies making commercial vehicles (CVs) from July 23, 2020, which might have a significant effect on the reform of China’s CV industry.
Jun. 29 , 2020
Geely Automobile Holdings Limited (Geely Auto) released on June 24 more details about the preliminary proposal for the possible RMB share issuance and listing on the Science and Technology Innovation Board (Sci-Tech Board) which has been approved by
Jun. 28 , 2020
GAC NIO New Energy Automotive CO., (GAC NIO) is working with NIO, one of its parent companies, to research and develop a new vehicle platform based on level 4 autonomous driving technologies, Liao Bing, CEO of GAC NIO, told a local media outlet.
Jun. 28 , 2020
BMW names new President of BMW China Automotive Trading Ltd.
Jun. 24 , 2020
FAW-Toyota’s Prado officially bowed out of production on June 23, 2020 with its outputs ending at 346,706 units, as it has not suited China’s regulations on fuel consumption and emission.
Jun. 24 , 2020
Geely’s all-new SUV “ Haoyue” hit the market on June 23 with its price range—103,600 yuan ($14,667) to 139,600 yuan ($19,764)—announced at the same time.
Jun. 23 , 2020