Shanghai expects the annual output value of its new energy vehicle (NEV) manufacturing industry to reach around 350 billion yuan ($54.123 billion) by 2025, according to a document Shanghai municipal government issued earlier this week.
Jul. 22 , 2021
On July 21, BAIC Group and China Development Bank’s Beijing branch entered into a strategic cooperation agreement under which the latter will grant a credit line worth 50 billion yuan ($7.722 billion).
Jul. 21 , 2021
Basic earnings per share increased from 0.12 yuan to 0.38 yuan.
Jul. 21 , 2021
The wholesale volume of China’s locally-produced PVs (referring to cars, MPVs, SUVs, and minibuses) dropped 10.4% from a year ago to 1.556 million units in June 2021, according to the China Passenger Car Association (CPCA).
Jul. 19 , 2021
Chery Holding and Boe Technology Group Co., Ltd. (BOE) inked an agreement on July 15 to carry out cooperation on smart in-car cockpit solutions, IoV business, and the solutions for multiple smart IoT scenarios.
Jul. 19 , 2021
For the first half of 2021, Jaguar Land Rover sold 54,669 new vehicles in China, representing a 52% hike year over year, the company announced on July 16.
Jul. 16 , 2021