Market & Industry
JAC Volkswagen’s registered capital increased by over 5 billion yuan
JAC Volkswagen’s registered capital increased by over 5 billion yuan

Both JAC Motors and Volkswagen (China) Investment Co., Ltd. have finished subscribing for the equity stake newly issued by JAC Volkswagen, which made the registered capital of the joint venture surge to 7.356 billion yuan from 2 billion yuan.

Jul. 22 , 2020
Gotion High-Tech starts constructing eighth battery manufacturing base
Gotion High-Tech starts constructing eighth battery manufacturing base

Gotion High-Tech, China’s No.3 battery maker, celebrated on July 20 the first spade cut for its battery manufacturing base in Liuzhou, Guangxi Zhuang Autonomous Region, according to a posting on the company’s WeChat account.

Jul. 21 , 2020
Great Wall Motor’s all-new tech brands named Lemon, Tank, Coffee
Great Wall Motor’s all-new tech brands named Lemon, Tank, Coffee

GWM launched on July 20 three all-new technology brands, dubbed “Lemon”, “Tank” and “Coffee Intelligence”, demonstrating its ambition to drive the transition to being a global mobility technology provider from being a a mere vehicle manufacturer.

Jul. 21 , 2020
NIO’s 50,000th mass-produced vehicle rolls off production line in Hefei
NIO’s 50,000th mass-produced vehicle rolls off production line in Hefei

NIO witnessed on July 18 its 50,000th mass-produced vehicle roll off the production line at the JAC-NIO Advanced Manufacturing Center in Hefei, only 783 days after the first one coming out, the EV manufacture announced via its WeChat account.

Jul. 18 , 2020
China’s Jilin province rolls out measures to revive car sales
China’s Jilin province rolls out measures to revive car sales

The government of China’s Jilin province, where the automobile serves as its No.1 mainstay industry, has issued the detailed measures for stabilizing and stepping up local automobile consumption.

Jul. 17 , 2020
FAW-Volkswagen’s first coupe SUV Tayron X goes on sale
FAW-Volkswagen’s first coupe SUV Tayron X goes on sale

FAW-Volkswagen (FAW-VW)’s first coupe SUV, the Tayron X, will go on sale today with its official prices announced at the same time. According to earlier reports, the new model will be offered in four variants.

Jul. 17 , 2020