Market & Industry
XPeng Motors likely to hand over G3 production cars at the end of 2018
XPeng Motors likely to hand over G3 production cars at the end of 2018

Chinese EV startup XPeng Motors is going to showcase the G3 production SUV at the upcoming Guangzhou International Automobile Exhibition and officially hand over the G3 vehicles at the end of the year.

Oct. 26 , 2018
Dongfeng Honda third plant to produce NEV models
Dongfeng Honda third plant to produce NEV models

Dongfeng Honda is expected to start deploying NEVs (new energy vehicles) in 2019, according to local media. Its third plant in Wuhan of Hubei Province is set to be put into operation next year.

Oct. 26 , 2018
Lotus Cars sets up R&D center in Ningbo, said to roll out NEV models in China
Lotus Cars sets up R&D center in Ningbo, said to roll out NEV models in China

Lotus Cars sets up an engineering unit in Hangzhou and a R&D center in Ningbo of China’s Zhejiang Province to support the global development of new Lotus models by utilizing Geely’s abundant resources, according to local media.

Oct. 26 , 2018
All-new BYD e6 features same design, dimension as Qin Pro EV500
All-new BYD e6 features same design, dimension as Qin Pro EV500

The patent images of the all-new BYD e6 were exposed by the MIIT several days ago. The curious point is that the new model is identical with the BYD Qin Pro EV500 in both exterior design and dimension parameters.

Oct. 25 , 2018
FAW Group granted RMB 1.015 trillion credit intent from 16 banks
FAW Group granted RMB 1.015 trillion credit intent from 16 banks

China’s state-owned automaker FAW Group signed strategic cooperation agreements with 16 banks which intend to grant credit extension totaling RMB1.015 trillion to the company, according to FAW Group’s official WeChat account.

Oct. 25 , 2018
Daimler Mobility Services, Geely Group Company announce premium ride-hailing JV in China
Daimler Mobility Services, Geely Group Company announce premium ride-hailing JV in China

Shanghai (Gasgoo)- Daimler Mobility Services GmbH and Geely Group Company, Zhejiang Geely Holding Group’s new business subsidiary, announced on October 24 that they will build a joint venture in China to provide premium ride-hailing services.

Oct. 24 , 2018