SAIC-GM-Wuling (SGMW), a joint venture between General Motors and two Chinese automakers, reported retail sales in March surpassed 130,000 units, a splendid surge compared to the virus-hit February.
Apr. 3 , 2020
Skywell, a young all-electric PV brand launched in late 2019, officially announced the name of its first model under the “2+4+N” strategy—“ET5”, which is set to hit the market in the second half of the year.
Apr. 3 , 2020
Japanese auto giant Toyota and China's BYD announced on April 2 the formal establishement of their BEV R&D joint venture.
Apr. 2 , 2020
GAC Group announced its net profit attributable to shareholders slumped 39.3% year on year to RMB6.618 billion in 2019, and earnings per share dropped to RMB0.65 from RMB1.07 in 2018.
Apr. 1 , 2020
Great Wall Motor Company Limited (GWM)’s reported an annual net profit attributable to shareholders of 4.497 billion in 2019, a year-on-year decline of 13.64%.
Apr. 1 , 2020
China has determined to extend the validity period of the subsidies on new energy purchases and NEV purchase tax exemption for two years, state media reported on March 31.
Mar. 31 , 2020