Market & Industry
Lynk & Co 02 high-performance hits the market priced from RMB156,800
Lynk & Co 02 high-performance hits the market priced from RMB156,800

The Lynk & Co 02 high-performance version officially went on sale on March 18. Prices of its four variants range between RMB156,800 and RMB168,800.

Mar. 19 , 2019
XPENG Motors puts 30 supercharger stations into operation on the same day
XPENG Motors puts 30 supercharger stations into operation on the same day

March 18, 2019 will be a milestone day for China-based EV maker XPENG Motors as it officially put 30 supercharging stations into operation in five cities across China, including Beijing, Shanghai, Guangzhou, Shenzhen and Wuhan.

Mar. 18 , 2019
SAIC Motor said VW's plan to raise equity in JV has not been discussed
SAIC Motor said VW's plan to raise equity in JV has not been discussed

Recently, a report said that Volkswagen Group is going to raise its equity in China-based JV, including SAIC Volkswagen (SAIC VW). On March 18, SAIC Motor, SAIC VW’s Chinese parent company, officially issued an announcement to deny the news.

Mar. 18 , 2019
China’s foreign investment law will give auto industry crucial development chance
China’s foreign investment law will give auto industry crucial development chance

The National People's Congress (NPC) of China on March 15 approved the foreign investment law, a landmark legislation enacted to offer stronger protection and a better business environment for foreign investors.

Mar. 15 , 2019
GAC BYD suspenses production only for “off-season” reason
GAC BYD suspenses production only for “off-season” reason

Recently, a furlough notification released by Guangzhou GAC Group BYD New Energy Bus Co., Ltd. (GAC BYD) triggered a hot discussion in automotive industry.

Mar. 15 , 2019
Changan Ford ambitious to roll out over 50 new models by 2025
Changan Ford ambitious to roll out over 50 new models by 2025

Changan Ford plans to roll out more than 50 new models in China by the end of 2025, including 8 all-new SUV models and at least 15 Ford- and Lincoln-branded EV models, the joint venture revealed on March 12 at a dealer conference.

Mar. 14 , 2019