Market & Industry
Dongfeng’s subsidiary starts constructing new auto parts factory in Shiyan
Dongfeng’s subsidiary starts constructing new auto parts factory in Shiyan

Knorr-Bremse DETC Commercial Vehicle Braking Technology Co.,Ltd. celebrated on August 18 the first spade cut for a new factory in Shiyan, Wuhan province, where Dongfeng Motor’s auto parts industrial park is located.

Aug. 20 , 2020
Xpeng Motors’ affiliated company has registered capital soared 150% to 15 billion yuan
Xpeng Motors’ affiliated company has registered capital soared 150% to 15 billion yuan

Guangdong Xiaopeng Motors Technology Co.,Ltd., a wholly-owned subsidiary of XPeng (Hong Kong) Limited, has seen its registered capital surge to 15 billion yuan ($2,167,191,000) from 6 billion yuan ($866,876,400), according to Tianyancha.

Aug. 19 , 2020
British Lotus’ first SUV to be “made-in-China” at Geely’s Wuhan plant
British Lotus’ first SUV to be “made-in-China” at Geely’s Wuhan plant

Lotus Cars, a majority-owned supercar brand of Zhejiang Geely Holding Group, is going to see its first SUV model, the Lambda, put into mass production in Wuhan, capital of China’s Hubei province, according to a local media outlet.

Aug. 19 , 2020
Geely said to launch EV architecture in 2021
Geely said to launch EV architecture in 2021

Chinese automaker Geely will formally launch next year its EV architecture and the EV models built on the platform, according to a local media outlet, citing An Conghui, President and CEO of Geely Auto Group.

Aug. 18 , 2020
Zhengzhou rolls out new measures to spur car sales
Zhengzhou rolls out new measures to spur car sales

The municipal government of Zhengzhou issued on August 17 the policies formulated to spur automobile sales, which said buyers will be given subsidies of 5,000 yuan ($645) per car after enjoying discounts offered by complete vehicle manufacturers.

Aug. 17 , 2020
Something about GWM’s Lemon platform
Something about GWM’s Lemon platform

Lemon is a global high-intelligence modular technology platform that boasts high performance, high safety, and lightweight technology.

Aug. 17 , 2020