Market & Industry
FAW-Toyota is about to launch new TNGA-based sedan named “Allion”
FAW-Toyota is about to launch new TNGA-based sedan named “Allion”

FAW-Toyota, Toyota’s China joint venture with FAW Group, will launch a new compact sedan model dubbed “Allion” (傲澜, Chinese name) at the Auto Guangzhou 2020.

Nov. 18 , 2020
GAC NE changes name to GAC Aion New Energy Automobile
GAC NE changes name to GAC Aion New Energy Automobile

GAC New Energy Automobile Co.,Ltd (GAC NE), the NEV unit of GAC Group, officially changed its name to GAC Aion New Energy Automobile Co.,Ltd. on Nov. 16, according to a document from State Administration for Market Regulation (SAMR).

Nov. 18 , 2020
NIO Inc. Reports Unaudited Third Quarter 2020 Financial Results
NIO Inc. Reports Unaudited Third Quarter 2020 Financial Results

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announced its unaudited financial results for the quarter ended September 30, 2020.

Nov. 18 , 2020
Didi unveils first custom-built EV for ride-hailing service
Didi unveils first custom-built EV for ride-hailing service

The company aims to build customized ride-hailing vehicles, with the D1 as the first, by leveraging its expertise and data insights from its user base of over 550 million registered passengers and 31 million drivers.

Nov. 17 , 2020
Huawei said to merge Smart Car Solutions BU, Consumer BG
Huawei said to merge Smart Car Solutions BU, Consumer BG

Huawei is merging the businesses of its Consumer Business Group (BG) and Smart Car Solutions Business Unit (BU), and the merger is directed by Yu Chengdong, CEO of Huawei Consumer BG, according to a local media outlet.

Nov. 16 , 2020
Changan, Huawei, CATL to co-launch upmarket car brand
Changan, Huawei, CATL to co-launch upmarket car brand

Changan Auto will join hands with Huawei and CATL to launch an all-new upmarket car brand, and the first model under the brand will soon go into mass production, Zhu Huarong, chairman of Changan Auto, said on Nov. 14.

Nov. 16 , 2020