Market & Industry
Huawei once again reiterates resolution not to build cars
Huawei once again reiterates resolution not to build cars

Huawei issued a statement on May 24 to reiterate that it will not build cars, saying “this long-term strategy has been clear in 2018, and nothing has changed.”

May 24 , 2021
SAIC Motor’s R Auto about to tap into European market
SAIC Motor’s R Auto about to tap into European market

R Auto, a premium new energy vehicle (NEV) brand of SAIC Motor Passenger Vehicle Co.,Ltd. (SAIC Motor PV), is about to tap into European markets, including Germany, France, the Netherlands, and Norway, according to a local media outlet.

May 24 , 2021
Haval’s all-new compact SUV Chitu goes on sale
Haval’s all-new compact SUV Chitu goes on sale

Great Wall Motor announced on May 20 the all-new Haval-branded compact SUV “Chitu” (Chinese name for “red hare”) officially hit the market as the fourth L.E.M.O.N platform-based model.

May 21 , 2021
HOZON Auto founds wholly-owned NEV manufacturing subsidiary
HOZON Auto founds wholly-owned NEV manufacturing subsidiary

HOZON Auto, the Chinese EV startup owning EV brand Nezha, recently set up a subsidiary engaging in production of new energy vehicles and auto parts.

May 20 , 2021
EV brand co-made by Changan Auto, Huawei, CATL said to be unveiled in May
EV brand co-made by Changan Auto, Huawei, CATL said to be unveiled in May

The premium EV brand jointly built by Chongqing Changan Automobile Co., Ltd., Huawei, and CATL will be launched this month, according to a local media outlet.

May 20 , 2021
Great Wall Motor, Yongda Automobile team up on new retail business
Great Wall Motor, Yongda Automobile team up on new retail business

Great Wall Motor recently signed a framework agreement with Yongda Automobile, a leading Chinese auto sales service provider, to carry out all-around strategic collaboration on market expansion for GWM’s cars and new retail business model.

May 19 , 2021