Hit by the COVID-19 epidemic, most global automakers encountered steep plunge in China market last month. The Japanese automaker Honda said its China deliveries in February reached only 11,288 units, slumping 85.1% from the previous year.
Mar. 6 , 2020
NIO will issue and sell convertible notes in an aggregate principal amount of US$235 million to several unaffiliated Asia-based investment funds through private placements.
Mar. 5 , 2020
Geometry, the BEV-focused brand of Geely Auto, is trying to gain more consumers by means of various incentive policies.
Mar. 5 , 2020
After conveying the determination to bolster auto consumption, Guangzhou municipal government rapidly honored its promise by launching a set of materialized policies.
Mar. 3 , 2020
Geely Technology Group, the technology development arm of Zhejiang Geely Holding Group (Geely Holding), celebrated on Mar. 2 the first spade cut for a satellite R&D base in Taizhou, Zhejiang province.
Mar. 3 , 2020
China’s VIA (Vehicle Inventory Alert Index) stood at 81.2% in February, a month-on-month jump of 29.5 percentage points and a year-on-year leap of 27.7 percentage points, according to the China Automobile Dealers Association (CADA).
Mar. 3 , 2020