Market & Industry
Geely's subsidiary said to launch satellite in 2020
Geely's subsidiary said to launch satellite in 2020

A subsidy of Geely Technology Group plans to launch satellites this year, according to a local media report.

Mar. 2 , 2020
CATL boasts 28.61% YoY hike in 2019 net profit attributable to shareholders
CATL boasts 28.61% YoY hike in 2019 net profit attributable to shareholders

Chinese battery titan CATL announced its full-year net profit attributable to shareholders reached RMB4,356,195,700 in 2019, surging 28.61% compared to the previous year.

Feb. 28 , 2020
CATL to pump up to RMB10 billion in a new Ningde-based lithium ion battery base
CATL to pump up to RMB10 billion in a new Ningde-based lithium ion battery base

CATL intends to set up a lithium ion battery production base at Cheliwan Pond in Ningde with RMB10 billion to be invested at most, the power battery giant announced on Feb. 26.

Feb. 27 , 2020
CAAM proposes to delay implementation of China Ⅵ emission standard
CAAM proposes to delay implementation of China Ⅵ emission standard

The China Association of Automobile Manufacturers (CAAM) has proposed to delay the nationwide implementation of the China Ⅵ Emission standard, according to a local media outlet.

Feb. 24 , 2020
Geely’s BMA-based ICON hit the market with price starting RMB115,800
Geely’s BMA-based ICON hit the market with price starting RMB115,800

Geely ICON, Geely Auto’s second BMA (B-segment Modular Architecture)-based SUV, will hit the market on Feb. 24 through a live-streaming platform, the automaker announced via its WeChat account.

Feb. 24 , 2020
Great Wall Motor sees net profit drop in 2019, while surge in second-half
Great Wall Motor sees net profit drop in 2019, while surge in second-half

Great Wall Motor (GWM), China’s biggest SUV and pickup manufacturer, announced its full-year gross revenue reached RMB96.455 billion in 2019, edging down 2.8% compared to the previous year.

Feb. 21 , 2020