Market & Industry
Geely’s pre-production commercial satellite comes off assembly line
Geely’s pre-production commercial satellite comes off assembly line

On September 27, a pre-production satellite rolled off the assembly line at Geely’s satellite manufacturing factory in Taizhou, Zhejiang province, marking the commencement of the scale production for Geely’s commercial satellites.

Sep. 27 , 2021
Bosch sets up new investment platform for Chinese market
Bosch sets up new investment platform for Chinese market

Bosch set up a new capital firm for deep science investment in China as part of its efforts to expand its business in the market, the biggest auto parts supplier announced today.

Sep. 27 , 2021
Geely’s ZEEKR to start delivery of 001 all-electric car next month
Geely’s ZEEKR to start delivery of 001 all-electric car next month

Geely’s premium electric car brand ZEEKR will see its first mass-produced model, the ZEEKR 001, roll off the production line in mid-October and kick off the car delivery in late October, according to a local media outlet.

Sep. 27 , 2021
MOFCOM expects growth of 2021 auto sales in China
MOFCOM expects growth of 2021 auto sales in China

China’s annual vehicle sales in 2021 are expected to realize growth after falling for three consecutive years even though new vehicle sales have decreased for four months in a row from May this year, an MOCOM official said.

Sep. 26 , 2021
Tesla to expand investment in China, aids building of digitalized future
Tesla to expand investment in China, aids building of digitalized future

Elon Musk, CEO of the U.S.-based EV manufacturer Tesla, delivered an online speech on Sept. 26 at the opening of the World Internet Conference 2021, saying Tesla will continue to expand investment and R&D efforts in China.

Sep. 26 , 2021
BMW to invest another RMB25 billion in Shenyang
BMW to invest another RMB25 billion in Shenyang

Chairman of BMW Group, Oliver Zipse, announced that the group plans to step up its future investment in Liaoning Province, home-base of its joint venture BMW Brilliance Automotive, according to media outlet Xinhua.

Sep. 26 , 2021