Spotlight Automotive, the joint venture between Germany’s BMW Group and China’s Great Wall Motor (GWM), has been granted China’s governmental approval for establishment of enterprises with foreign investment.
Dec. 16 , 2019
All 47 shareholders of Guangzhou Chengxing Zhidong Automobile Technology Co., Ltd, also known as XPENG Motors, have made the equity stakes they hold in the Guangzhou-based EV startup pledged on December 10.
Dec. 16 , 2019
Volvo Cars’ all-new S60 went on sales in China on December 12 with seven variants covering four types of powertrain, T3, T4, T5 and T8.
Dec. 16 , 2019
China's automotive after-sales market size is expected to reach 1.435 trillion yuan ($204 billion) in 2020, according to the information delivered at a forum held recently by China Machinery Industry Federation (CMIF).
Dec. 12 , 2019
Changan EV, the electric vehicle unit of Changan Automobile, intends to offer the E-Star, the E-Rock in the first quarter of next year along with the E-life model in the future to enlarge its E series portfolio, according to the official.
Dec. 12 , 2019
Automakers in China sold 2,075,266 locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) last month, down by 4.7% over a year ago.
Dec. 12 , 2019