Market & Industry
Lynk & Co 03 hits market on Oct.19, priced from RMB 116,800 for China
Lynk & Co 03 hits market on Oct.19, priced from RMB 116,800 for China

The Lynk & Co 03 that carries 1.5T 3-cylinder engine hit market on October 19 in Japan. Its price for the China's market ranges between RMB116,800 to RMB151,800 based on different variants.

Oct. 19 , 2018
CHJ LEADING IDEAL ONE unveiled on Oct.18, to hit market at the end of 2019
CHJ LEADING IDEAL ONE unveiled on Oct.18, to hit market at the end of 2019

The LEADING IDEAL ONE, the first model under the all-new intelligent EV brand “Lixiang Zhizao” (“LEADING IDEAL” for its English brand name) released by CHJ on October 10, made its official debut in Beijing on October 18.

Oct. 19 , 2018
Momenta valuation exceeds $1 billion after completes new round of financing
Momenta valuation exceeds $1 billion after completes new round of financing

China-based autonomous driving startup Momenta claimed on October 17 that it has closed a new-round financing that made the startup valued at more than $1 billion, according to local media.

Oct. 18 , 2018
Tesla attains right to use 864,885-square meter land from Shanghai government
Tesla attains right to use 864,885-square meter land from Shanghai government

Tesla and Shanghai Municipal Planning, Land and Resources Administration signed a contract on October 17 saying that the Shanghai government will lease and transfer the right of using state-owned lands to the EV maker.

Oct. 17 , 2018
Nissan to roll out over 20 new electrified models in China from 2018 to 2022
Nissan to roll out over 20 new electrified models in China from 2018 to 2022

Nissan plans to roll out over 40 new models in China from 2018 to 2022, including 20 EV and e-POWER models, Nissan China said at a press conference on October 17.

Oct. 17 , 2018
Renault, Brilliance sign strategic agreement with Liaoning government to boost LCV growth in China
Renault, Brilliance sign strategic agreement with Liaoning government to boost LCV growth in China

Groupe Renault and Brilliance China Automotive Holdings Limited (Brilliance) signed on October 16 a strategic cooperation agreement with Chinese officials on behalf of Liaoning provincial government to further speed up development of LCVs in China.

Oct. 17 , 2018