Market & Industry
Geely Auto likely to issue RMB shares, go public on Shanghai Sci-Tech Board
Geely Auto likely to issue RMB shares, go public on Shanghai Sci-Tech Board

Geely Automobile Holdings Limited announced on June 17 that its board of directors has approved a preliminary proposal for the possible issuance of RMB shares and listing on the Sci-Tech Board of the Shanghai Stock Exchange.

Jun. 18 , 2020
Lexus says China sales in May leap 35.1% YoY
Lexus says China sales in May leap 35.1% YoY

Lexus announced a sales volume of 22,145 new vehicles it achieved for its China market in May, a vigorous year-on-year growth of 35.1%, rebounding to the normal level before the COVID-19 broke out.

Jun. 17 , 2020
Geely's young brand launches entry-level SUV Lynk & Co 06
Geely's young brand launches entry-level SUV Lynk & Co 06

On June 16, Lynk & Co, a Chinese-Swedish auto brand owned by Geely Auto Group, officially launched its all-new compact SUV—the Lynk & Co 06.

Jun. 17 , 2020
Shenzhen offers NEV buyers subsidies of up to 40,000 yuan per car
Shenzhen offers NEV buyers subsidies of up to 40,000 yuan per car

Shenzhen, a coastal city in the south of Guangdong Province, will offer up to 40,000 yuan ($5,644) per car of subsidies to consumers who buy new energy vehicles (NEVs) as part of efforts to stimulate automobile consumption.

Jun. 15 , 2020
Geely’s CV unit confirmed to buy 15.24% stake in Anhui-based CV maker Hualing Xingma
Geely’s CV unit confirmed to buy 15.24% stake in Anhui-based CV maker Hualing Xingma

Zhejiang Geely New Energy Commercial Vehicle Group (GCV), a wholly-owned subsidiary of Zhejiang Geely Holding Group, is going to acquire 15.24% stake in Hualing Xingma Automobile (Group) Co.,Ltd.

Jun. 15 , 2020
Haval named all-new SUV “Big Dog” as result of WeChat voting
Haval named all-new SUV “Big Dog” as result of WeChat voting

Haval, a SUV marque owned by Great Wall Motor (GWM), announced on June 11 its all-new SUV (code-named B06) is formally named “Haval Dagou”, which means “Big Dog” in English.

Jun. 12 , 2020