JAC Group announced on Tuesday its net profit attributable to shareholders is anticipated to reach roughly 480 million yuan ($73.77 million) for the first half of 2021, rocketing from the net loss of 147.44 million yuan for the year-ago period.
Jul. 28 , 2021Hefei has a good industrial foundation for new energy vehicle (NEV) segment, which is attractive to Xiaomi.
Jul. 27 , 2021Trunk.tech has become one of the first companies to obtain Beijing's permit that allows road tests for self-driving commercial vehicles, marking a big step on its path to large-scale commercial operation of autonomous trucks.
Jul. 27 , 2021GAC Toyota announced on July 25 the first phase of its new energy vehicle (NEV) capacity expansion project has started operation in Nansha District, Guangzhou.
Jul. 26 , 2021For the first half of 2021, China’s retail sales of automobile reached roughly 2.2 trillion yuan, leaping 30.4% from the previous year and representing contribution of 13% to the growth in the retail sales of consumer goods.
Jul. 23 , 2021FAW Group will acquire 5% stake in Changan Mazda, currently a 50/50 joint venture between Chongqing Changan Automobile Co., Ltd. and Mazda Motor Corporation, according to a local media outlet.
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