Geely Automobile Holdings Limited (called “Geely Auto” for short) and its subsidiaries sold a total of 126,365 new vehicles in September, an increase of roughly 11% from the year-ago period and up around 11% from the previous month.
Oct. 9 , 2020NIO China’s Hefei-based headquarters was officially put into operation on October 9.
Oct. 9 , 2020China’s Vehicle Inventory Alert Index stood at 54% in September, which rose 1.2 percentage points compared to the previous month, while dropped 4.6 percentage points over the previous year, according to the China Automobile Dealers Association.
Oct. 9 , 2020CATL-FAW Power Battery Co.,Ltd. (called “CATL-FAW” for short), a joint venture between the Chinese power battery giant CATL and automaker FAW Group, has been put into operation on September 28, according to a posting via CATL’s WeChat account.
Sep. 29 , 2020The Ministry of Industry and Trade of the Russian Federation signed on September 25 a special investment contract (SPIC) with Haval Russia Automotive Manufacturing Co., Ltd.—a subsidiary of the Chinese carmaker Great Wall Motor.
Sep. 29 , 2020Pursuing a strategy of electrification and digitization, the Group will electrify China on a grand scale, producing a total of 15 different NEV models locally by 2025, with 35% of the product portfolio in China made up of fully-electric models.
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