Market & Industry
FAW-Toyota increases TNGA plant capacity by 120,000 units per year
FAW-Toyota increases TNGA plant capacity by 120,000 units per year

FAW-Toyota officially put the second phase of its TNGA (Toyota New Global Architecture) plant into construction on March 22 with the annual car capacity increased to 220,000 units from 100,000 units, according to local media outlets.

Mar. 22 , 2019
CHJ Automotive to accept LEADING IDEAL ONE orders on April 10
CHJ Automotive to accept LEADING IDEAL ONE orders on April 10

China’s EV startup CHJ Automotive is ready to announce the price of the LEADING IDEAL ONE and start to accept orders of the new model on April 10.

Mar. 22 , 2019
11 companies including FAW, Tencent, Alibaba set up RMB9.76 bln fund for NEV car-sharing business
11 companies including FAW, Tencent, Alibaba set up RMB9.76 bln fund for NEV car-sharing business

Changan Automobile announced on March 22 that it has signed an agreement in Nanjing with ten companies including Suning, FAW Group, Dongfeng Motor, Tencent and Alibaba, etc., to build a joint venture that focuses on NEV-based car-sharing businesses.

Mar. 22 , 2019
BMW to display BMW X7, all-new BMW Z4, China-made 3 Series at Auto Shanghai 2019
BMW to display BMW X7, all-new BMW Z4, China-made 3 Series at Auto Shanghai 2019

German auto giant BMW Group is going to display the all-new China-made BMW 3 Series, the BMW X7 and the all-new BMW Z4 at the upcoming Auto Shanghai 2019, Jochen Goller, President and CEO of BMW Group Region China, disclosed in an interview.

Mar. 20 , 2019
Audi A7L said to be first model for SAIC Audi
Audi A7L said to be first model for SAIC Audi

The first model to be produced by the yet-to-be-established SAIC Audi will be the Audi A7L, according to some Chinese media outlets.

Mar. 20 , 2019
New Geely Emgrand GL to be powered by 1.5T 3-cylinder engine
New Geely Emgrand GL to be powered by 1.5T 3-cylinder engine

The Geely Emgrand GL is a popular sedan model whose monthly sales frequently exceeded 10,000 units in 2018. Now, the automaker is going to launch a new version of the sedan with a stronger engine power.

Mar. 20 , 2019