For the first quarter of 2020 (Q1), Great Wall Motor gained 1.639 billion yuan in the net profit attributable to shareholders, posting a remarkable growth from the net loss of 650.144 million yuan for the year-ago period.
Apr. 23 , 2021
Chinese EV startup Li Auto set up its Shanghai branch on April 20 after it announced in early February the plan of launching a R&D center in this megacity.
Apr. 22 , 2021
ByteDance, the Chinese parent of the hit video app TikTok, founded on April 19 a subsidiary engaging in telecommunications and automobile businesses.
Apr. 21 , 2021
Honda’s China business unit announced on April 16 it has collaborated with AutoX, a self-driving tech developer backed by Alibaba, to explore autonomous driving solutions.
Apr. 16 , 2021
GAC Aion announced on April 15 it plans to double the annual capacity of its intelligent ecosystem manufacturing plant to 200,000 new vehicles in early 2022 with nearly 500 million yuan ($76.624 million) to be invested.
Apr. 16 , 2021
NIO and Sinopec, the Chinese state-owned oil producer, signed an agreement on April 15 for a strategic cooperatiob on battery swapping stations.
Apr. 15 , 2021