Market & Industry
Dongfeng Motor, Sokon step up cooperation for greater resource sharing
Dongfeng Motor, Sokon step up cooperation for greater resource sharing

Dongfeng Motor Corporation and Chongqing Sokon Industry Group Stock Co.,Ltd. agreed on April 23 to deepen their cooperation for a better resource integration involving technologies, R&D, purchase, manufacturing business and market expansion.

Apr. 23 , 2020
Shanghai drawing up policies to boost car sales
Shanghai drawing up policies to boost car sales

Chinese megacity Shanghai is hammering out new policies to stimulate demand for automobiles, which was hit hard by the coronavirus spread.

Apr. 23 , 2020
BMW Brilliance expanding R&D hub’s second phase partly for NEV push
BMW Brilliance expanding R&D hub’s second phase partly for NEV push

BMW Brilliance Automotive (BBA) recently kicked off the expansion of its R&D hub’s second phases as BMW Group is forging ahead with its localization strategy and NEV push in China.

Apr. 23 , 2020
China Jan.-Feb. auto import volume fall 11.3% over a year earlier
China Jan.-Feb. auto import volume fall 11.3% over a year earlier

For the first two months of 2020, China imported a total of 136,000 vehicles, posting a year-on-year decline of 11.3% due to the coronavirus outbreak and the Spring Festival, according to Sinomach Automobile Co.,Ltd.

Apr. 21 , 2020
BAIC BluePark’s net profit jumps 25.54% year on year in 2019
BAIC BluePark’s net profit jumps 25.54% year on year in 2019

BAIC BluePark New Energy Technology Co.,Ltd. (BAIC BluePark), the parent company of BAIC's NEV unit BJEV, announced its full-year revenue in 2019 leapt 30.39% over a year ago to RMB23.589 billion, and the annual net profit jumped 25.54% year on year.

Apr. 21 , 2020
Huawei said to tap NEV charging field by launching “HiCharger” DC fast-charging module
Huawei said to tap NEV charging field by launching “HiCharger” DC fast-charging module

Huawei will reportedly launch on April 24 a new DC fast-charging module product, which will act as a solution to NEV charging infrastructures.

Apr. 20 , 2020