Market & Industry
Leapmotor to roll out 3 new models over next 3 years
Leapmotor to roll out 3 new models over next 3 years

Chinese EV startup Leapmotor plans to roll out 3 new models over the next three years, including the LP-S01, the LP-T03 and the LP-C11, based on the S, T and C vehicle platform respectively, according to local media.

Oct. 24 , 2018
Geely second MPV model spied on the road, code-named VF12
Geely second MPV model spied on the road, code-named VF12

The Geely’s new MPV model, code-named VF12, was spied on the road in recent days. It is expected to help Geely enlarge its MPV lineup following the Jiaji, the automaker’s first MPV model announced earlier this month.

Oct. 24 , 2018
EV maker Hozon Auto to start presale of NETA N01 on Oct. 26
EV maker Hozon Auto to start presale of NETA N01 on Oct. 26

Zhejiang Hozon Automobile Co., Ltd. (Hozon Auto) will start the presale of the NETA N01, the first volume EV model under its NETA car brand, on October 26, according to local media.

Oct. 24 , 2018
BAIC Motor net profits attributable to parent owners skyrocket 93.32% for first three quarters
BAIC Motor net profits attributable to parent owners skyrocket 93.32% for first three quarters

For the first nine months, BAIC Motor’s operating profits jumped 32.69% over a year ago to RMB17.019 billion and its net profits attributable to shareholders amounted to RMB3.806 billion, strikingly surging 93.32% from a year earlier.

Oct. 23 , 2018
FAW-Volkswagen TAYRON goes on sale, priced between RMB188,800 and 319,800
FAW-Volkswagen TAYRON goes on sale, priced between RMB188,800 and 319,800

FAW-Volkswagen’s second SUV model dubbed the TAYRON (Chinese name, Tanyue) hit the market on October 22. Based on Volkswagen’s MQB A2 vehicle platform, the new SUV model offers 10 variants with prices ranging from RMB 188,800 to RMB319,800.

Oct. 23 , 2018
New WEY VV5 hits market, priced from RMB 150,000 to 173,000
New WEY VV5 hits market, priced from RMB 150,000 to 173,000

Recently, the updated WEY VV5 hit the market with three new variants. After the improvement in configurations, the WEY VV5 is priced from RMB 150,000 to RMB 173,000.

Oct. 23 , 2018