A total of RMB31.3 billion will be earmarked next year as New Energy Vehicle subsidies of 2017 and 2018, according to a filing from China’s Ministry of Finance.
Nov. 26 , 2019
Chinese state-owned automakers BAIC Group is ready to transfer 49% stake in its Zhenjiang-based subsidiary at a base price of around 300 million, according to information in a bulletin from China Beijing Equity Exchange.
Nov. 26 , 2019
As the second most popular motor show in China following the bi-annual Beijing and Shanghai Shows, the Auto Guangzhou 2019 attracted a great deal of local and global automakers to show off their newest products and technologies.
Nov. 25 , 2019
BYD, a China-based automaker which names its mainstay models after ancient Chinese dynasties, recently announced the badge of its all-new model series dubbed “Han”, joining a string of “Dynasty” series that has already contained “Qin”, “Tang”, “Song”
Nov. 22 , 2019
The Leading Ideal 2020, rolled off the production line at Changzhou plant on November 20. The startup said it would begin taking orders of the 2020 version in early December this year.
Nov. 22 , 2019
Volkswagen Group China, together with its Chinese partners, plans to invest over 4 billion Euro next year, with around 40 percent of this investment going towards e-mobility.
Nov. 22 , 2019