JAC Motors is forecasted to post a net loss attributable to shareholders of 146 million yuan ($20,866,378) for the first half of 2020, a nosedive from the net profit of 125,114,300 yuan ($17,881,386) gained in the year-ago period.
Jul. 31 , 2020
At this year’s Chengdu Motor Show, GAC Group and FCA Group, two parent companies of the joint venture GAC FCA, signed a memorandum of understanding (MoU) to step up their strategic cooperation in China and explore new collaboration opportunities.
Jul. 31 , 2020
On July 28, GAC Group offered the first glimpse of its first hydrogen fuel cell vehicle model, the Aion LX Fuel Cell, at the GAC Tech Day 2020.
Jul. 29 , 2020
German automaker BMW and Chinese Internet giant Tencent announced on July 27 that they have formed a new digital cooperation to introduce the “Tencent mini scenario” and the in-car WeChat application into BMW’s vehicles.
Jul. 28 , 2020
BAIC Group and State Grid Electric Vehicle Service Co., Ltd. (called “State Grid EV” for short) signed a framework agreement on July 27 to cement their strategic cooperation in order to promote the development of NEV industry.
Jul. 28 , 2020