Daphne Zheng, president of the Guangzhou Automotive Group Fiat Chrysler Automotive (GAC FCA) Sales Co.,Ltd and FCA’s Chief Operating Officer for China, will be leaving this group with her whereabouts remaining unknown for now.
Apr. 29 , 2019
China’s power battery maker CATL saw its revenue in the first quarter of the year surged 168.93% year on year to RMB9.982 billion, according to a quarterly report released by the company.
Apr. 29 , 2019
BYD reported on April 26 that its revenue in the first quarter jumped 22.5% year on year to RMB30.304 billion and the quarterly net profit attributable to shareholders of the public company skyrocketed 631.98% to RMB749.732 million.
Apr. 29 , 2019
BYD inked a strategic cooperation agreement with Changzhou municipal government on April 25 to build a new energy passenger vehicle (PV) and core auto parts industrial park in Changzhou, Jiangsu Province.
Apr. 28 , 2019
FAW Toyota, an automobile joint venture between FAW Group and Toyota, is going to stop producing the Toyota Prado 3.5L vehicles for hardly meeting China’s Stage 6 Emission Standard, according to the Chengdu Environmental Protection Bureau.
Apr. 26 , 2019
CATL released on April 25 its official annual report for 2018, saying its full-year revenue surged 48.08% year on year to RMB29.611 billion, while the net profit attributable to shareholders of the listed company shrank 12.66% year on year.
Apr. 25 , 2019