Market & Industry
Great Wall Motor ORA puts Haomao all-electric car onto market
Great Wall Motor ORA puts Haomao all-electric car onto market

ORA Haomao hit the market on November 24. At the same time, the first Haomao car rolled off the assembly line at GWM’s Taizhou manufacturing plant.

Nov. 25 , 2020
Great Wall Motor starts operation at Taizhou car manufacturing plant
Great Wall Motor starts operation at Taizhou car manufacturing plant

Great Wall Motor announced on Nov. 24 the completion of its plant in Taizhou, Jiangsu province, with an ORA Haomao all-electric car rolling off the assembly line.

Nov. 24 , 2020
Alibaba, Audi step up strategic cooperation on auto navigation, in-car digital assistant
Alibaba, Audi step up strategic cooperation on auto navigation, in-car digital assistant

Audi and Chinese e-commerce giant Alibaba Group agreed on Nov. 19 to cement their strategic cooperation on such fields as automotive navigation system and in-car digital assistant services.

Nov. 24 , 2020
WM Motor invests in Hunan-based software tech company
WM Motor invests in Hunan-based software tech company

WM Motor Technology Group Company Limited (WM Motor) has acquired 15% stake in a Hunan-based software tech company, joining the growing number of automakers that attempt to get a foothold in software domain.

Nov. 20 , 2020
GAC Group aims to sell 3.5 million vehicles annually
GAC Group aims to sell 3.5 million vehicles annually

By 2035, the group anticipated its production and sales will exceed 5 million units with revenue over RMB1 trillion.

Nov. 20 , 2020
Hefei eyes 1-million-unit NEV capacity by 2025
Hefei eyes 1-million-unit NEV capacity by 2025

Hefei, the capital of Anhui province, aims to lift its new energy vehicle (NEV) capacity to 1 million units and generate an output value of NEV industry exceeding 100 billion yuan ($15.187 billion) by 2025.

Nov. 20 , 2020