Market & Industry
Great Wall Motor’s chairman, president fine themselves sum of RMB 5 million for uncompleted 2017 sales target
Great Wall Motor’s chairman, president fine themselves sum of RMB 5 million for uncompleted 2017 sales target

Wei Jianjun, chairman of Great Wall Motor, and Wang Fengying, the company’s president, fined themselves by RMB 3 million and 2 million of annual salary respectively as self-punishment for failing the 2017 sales goal.

Feb. 26 , 2018
AIWAYS, DeepBlue sign cooperation agreement to co-develop intelligent vehicle
AIWAYS, DeepBlue sign cooperation agreement to co-develop intelligent vehicle

Recently, AIWAYS, a China’s intelligent EV startup, and DeepBlue Technology (DeepBlue), a shanghai-based AI technology provider, officially signed a strategic cooperation agreement in Shanghai to jointly develop intelligent vehicle technologies.

Feb. 26 , 2018
Top 10 SUV models by January sales
Top 10 SUV models by January sales

According to the sales data released by the China Passenger Car Association, the Haval H6 was still the best-selling model in the Chinese SUV segment.

Feb. 26 , 2018
BAIC BJEV vice general manager becomes president of EV startup Hozon Auto
BAIC BJEV vice general manager becomes president of EV startup Hozon Auto

After the Spring Festival, former vice general manager of BAIC BJEV Zhang Yong has officially joined Zhejiang Hozon New Energy Automobile Co., Ltd (Hozon Auto) as president, taking charge of the production and operation business of the new company.

Feb. 24 , 2018
Great Wall, BMW announce possible MINI JV in China
Great Wall, BMW announce possible MINI JV in China

Great Wall Motor announced that it has signed a letter of intent with BMW Group set up a possible joint venture for new energy vehicle (NEV) business and technologies.

Feb. 24 , 2018
Baojun 510 posts sales of 58,006 units in January
Baojun 510 posts sales of 58,006 units in January

According to the data from China Passenger Car Association (CPCA), deliveries of the Baojun 510 reached 58,006 units in January.

Feb. 23 , 2018