Market & Industry
Construction of AT joint venture between GAC Motor, Aisin AW kicked off
Construction of AT joint venture between GAC Motor, Aisin AW kicked off

The automatic transmission (AT) joint venture between GAC Motor, a self-owned subsidiary of GAC Group, and the world-renowned AT manufacturer Aisin AW has been recently put into construction in Guangzhou.

Jun. 3 , 2019
BAIC BJEV receives RMB1,155.37 million worth of state’s NEV settlement subsidy
BAIC BJEV receives RMB1,155.37 million worth of state’s NEV settlement subsidy

BAIC BJEV has received a fund worth RMB24.93 million from a Beijing authority as part of central government’s efforts to liquidate the NEV subsidy that should be allocated to automakers based on the EV number they submitted to government in 2016.

May 31 , 2019
Tesla prices China-build Model 3 from RMB328,000
Tesla prices China-build Model 3 from RMB328,000

On May 31, Tesla annouced that it would price the China-made Model 3 standard-range upgrade version from RMB328,000.

May 30 , 2019
Geely unveils first hydrogen fuel cell bus F12
Geely unveils first hydrogen fuel cell bus F12

Geely New Energy Commercial Vehicle Group (GVC) on May 29 launched two new zero-emission bus models in Beijing—the F12 hydrogen fuel cell bus and the C11 all-electric intercity bus.

May 30 , 2019
Volkswagen, SEAT, JAC Motors further confirm SEAT’s market entry into China
Volkswagen, SEAT, JAC Motors further confirm SEAT’s market entry into China

JAC Motors, Volkswagen Group China and SEAT on May 27 signed an agreement which further confirms the Spanish brand’s aim to enter the Chinese market in the coming two to three years.

May 29 , 2019