Great Wall Motor (GWM), China’s largest SUV and pickup manufacturer, reported a 28.16% year-on-year drop in its Jan. new vehicle sales. Meanwhile, the outputs for the month also slumped 31.79%.
Feb. 13 , 2020
To grab more market shares in China, Tesla might seek to lower its prices. Thus, the EV maker needs to work more closely with China’s local suppliers, replacing the imported parts with homegrown ones.
Feb. 12 , 2020
HOZON Auto recently stated it has received a credit line worth RMB120 million from Shanghai Guojin Financial Leasing Co.,Ltd. (Guojing) by mortgaging the RMB42.66 million worth of facilities to the latter in January.
Feb. 12 , 2020
Geely-backed CaoCao Mobility and London EV Company (LEVC), another subsidiary of the Chinese automaker will launch a "health version" of the new TX, the iconic black taxi in London.
Feb. 11 , 2020
SAIC MAXUS plans to offer a higher positioned pickup, the MAXUS T80 and several new energy vehicle models including the MAXUS EUNIQ 6&PHEV this year, the company announced at its 2020 online annual business marketing meeting.
Feb. 11 , 2020
Nissan announced its China sales slid 11.8% year on year to 118,143 units (including PVs and light CVs) in January of 2020, due to the Spring Festival in Jan. this year and the novel coronavirus.
Feb. 11 , 2020