Market & Industry
BAIC Group allies with 12 companies to develop ICV busiensses
BAIC Group allies with 12 companies to develop ICV busiensses

BAIC Group inked strategic cooperation agreements with 12 companies at the closing ceremony of the World Intelligent Connected Vehicles Conference on October 21 to jointly develop intelligent-connected vehicle (ICV) businesses.

Oct. 22 , 2018
Audi plans further localization in China
Audi plans further localization in China

At the moment, there will be no changes in Audi's stake in its China joint venture.,

Oct. 20 , 2018
SAIC Volkswagen sees groundbreaking of NEV plant in Anting, Shanghai
SAIC Volkswagen sees groundbreaking of NEV plant in Anting, Shanghai

On October 19, SAIC Volkswagen’s NEV plant started construction in Anting Town, Shanghai’. Involving a total investment of RMB17 billion, the new NEV plant will be put into operation in 2020 with a planned annual capacity of 300,000 vehicles.

Oct. 19 , 2018
First model under Chery EXEED brand to make debut on November 1
First model under Chery EXEED brand to make debut on November 1

The Chery EXEED TX, the first model under Chery’s new vehicle brand the EXEED ( “Xiandao” in Chinese) will make its debut on November 1. Based on Chery’s M3X platform and positioned as a compact SUV, the new model will hit the market next year.

Oct. 18 , 2018
China car population reaches 235 million units, Ministry of Public Security
China car population reaches 235 million units, Ministry of Public Security

China has owned 322 million motor vehicles and 403 million drivers by the end of September, the Traffic Management Bureau of China’s Ministry of Public Security said on October 17.

Oct. 18 , 2018
New BYD Tang BEV version patent images exposed
New BYD Tang BEV version patent images exposed

Patent images of the new BYD Tang’s BEV (battery electric vehicle) version were exposed in recent days, presenting that the BEV version looks basically the same as the fossil fuel-powered and DM versions hitting markets in June.

Oct. 18 , 2018