Market & Industry
BYD reports an EV fire incident while battery pack remains intact
BYD reports an EV fire incident while battery pack remains intact

Recent car fire incidents are landing electric vehicles in hot water. After Tesla and NIO’s vehicles caught fire in succession this week, BYD, a major NEV maker in China, reported another burning accident on April 24.

Apr. 25 , 2019
DPCA’s sales drop for 9th month in a row in March
DPCA’s sales drop for 9th month in a row in March

Dongfeng Peugeot Citroen Automobile Company LTD (DPCA) saw its sales in March plunged 55.19% year on year to 15,831 units, sliding for 9 consecutive months, according to a sales report from Dongfeng Motor Group.

Apr. 25 , 2019
WEY co-builds tech innovation hub with China Aerospace Science and Technology Corporation
WEY co-builds tech innovation hub with China Aerospace Science and Technology Corporation

WEY, a premium SUV marque of Great Wall Motor, and China Aerospace Science and Technology Corporation (CASC) found a joint technology innovation hub on April 24, which is going to help WEY achieve breakthroughs in R&D and manufacturing areas.

Apr. 25 , 2019
BAIC BJEV’s parent company gains 161.21% year-on-year jump in 2018 net profit
BAIC BJEV’s parent company gains 161.21% year-on-year jump in 2018 net profit

BAIC BluePark New Energy Technology Co.,Ltd announced that its full-year revenue in 2018 reached RMB16.438 bln, leaping 43.02% over a year ago, and the annual net profit attributable to shareholders skyrocketed 161.21% year on year to RMB155.16 mln.

Apr. 23 , 2019
Patent images of Lynk & Co 05 coupe SUV exposed
Patent images of Lynk & Co 05 coupe SUV exposed

China's MIIT recently exposed patent images and part of parameters of the Lynk & Co 05, which is expected to hit the market at the end of this year.

Apr. 23 , 2019
Toyota Establishes Joint Research Institute with China's Tsinghua University
Toyota Establishes Joint Research Institute with China's Tsinghua University

Toyota Motor Corporation (Toyota) and Tsinghua University announced today that they have agreed to establish the Tsinghua - Toyota Joint Research Institute (Joint Research Institute) on April 21.

Apr. 23 , 2019