SAIC Motor’s 2019 net profit attributable to shareholders of the public company is projected to reach roughly RMB25.6 billion, tumbling 28.9% compared with 2018, the automaker announced on January 13.
Jan. 14 , 2020
Among the top 10 PV models by Dec. wholesale volume, seven places were seized by cars. The other three were also regulars, including two SUVs—the Haval H6 and the Changan CS75, and one MPV, the sought-after Hongguang.
Jan. 14 , 2020
BYD named Kevin Wale, former president of General Motors (GM) China, as a senior adviser to the electric car maker’s chairman, it said on January 13.
Jan. 14 , 2020
Around 984,000 vehicles were imported into China in the first eleven months of 2019, a year-on-year decline of 4.1%, while the November imports edged up 6% to 104,000 units, according to Sinomach Automobile.
Jan. 13 , 2020
After 2018, China's auto market once again suffered year-on-year downturn.
Jan. 13 , 2020
NIO is ready to launch the all-new idea “Battery as a service” in 2020, the startup’s founder and CEO Li Bin revealed in a speech he delivered at the China EV100 Forum 2020 last weekend, as the company is a staunch upholder of battery swapping.
Jan. 13 , 2020