Market & Industry
Dongfeng Automobile to plow RMB594 million in NEV supply chain fund
Dongfeng Automobile to plow RMB594 million in NEV supply chain fund

Dongfeng Automobile Co., Ltd. (DFAC) plans to jointly set up an industrial fund focusing on new energy vehicle supply chain with Beijing Ruihe Xinye Investment Co., Ltd. (R&H) and the state-owned Hanjiang Investment Holding.

Jun. 26 , 2019
Hozon Auto partners with Harmony Auto to develop smart travelling solutions
Hozon Auto partners with Harmony Auto to develop smart travelling solutions

Hozon Auto and Harmony Auto agreed on June 25 to conduct cooperation in such areas as branding, products, marketing, after-sales services and financing and jointly develop new boundless automobile retail business models, according to Hozon Auto.

Jun. 26 , 2019
Geely-backed ECARX teams up with Tencent on connectivity service, AI, cloud tech
Geely-backed ECARX teams up with Tencent on connectivity service, AI, cloud tech

ECARX Technology (ECARX), a connectivity company invested by Zhejiang Geely Holding Group, on June 25 signed a strategic cooperation agreement with Tencent Auto Intelligence (TAI), an automobile AI arm of China’s Internet giant Tencent.

Jun. 25 , 2019
Volkswagen starts locally producing core electrified parts at Tianjin transmission factory
Volkswagen starts locally producing core electrified parts at Tianjin transmission factory

Volkswagen Group China announced on June 20 that it has kicked off the local production of two key NEV power components—APP290 E-drive and DQ400e hybrid transmission in the factory operated by Volkswagen Automatic Transmission (Tianjin) Co., Ltd.

Jun. 24 , 2019
BYD Song Pro to go on sale in mid-July with three types of powertrain
BYD Song Pro to go on sale in mid-July with three types of powertrain

The BYD Song Pro is going to hit the market in the middle of July, according to local media outlets. Before that, the automaker has started receiving the orders of the new model on June 1.

Jun. 24 , 2019
Classic Volkswagen Jetta to say Goodbye to China
Classic Volkswagen Jetta to say Goodbye to China

On June 21, a photo showing that the 4,418,287th Volkswagen Jetta sedan rolled off the production line was posted on the WeChat Moments of a people with direct knowledge of the plan.

Jun. 21 , 2019