FAW Toyota, an automobile joint venture between FAW Group and Toyota, is going to stop producing the Toyota Prado 3.5L vehicles for hardly meeting China’s Stage 6 Emission Standard, according to the Chengdu Environmental Protection Bureau.
Apr. 26 , 2019
CATL released on April 25 its official annual report for 2018, saying its full-year revenue surged 48.08% year on year to RMB29.611 billion, while the net profit attributable to shareholders of the listed company shrank 12.66% year on year.
Apr. 25 , 2019
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
BYD brought the E-SEED GT Concept to the stage of the Auto Shanghai 2019. Reportedly, the new vehicle is expected to hit the market in 2020.
Apr. 24 , 2019
Last month, Mercedes-Benz overtook BMW and Audi in terms of March sales in China. Cadillac and Lexus didn’t directly give their monthly sales numbers.
Apr. 24 , 2019
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