An Conghui, president of Geely, revealed in an interview on March 27 that its NEV sales will account for 90% of the company’s total sales in 2020. He also added that the company will launch PHEVs starting with Lynk & Co 03.
Mar. 27 , 2018
Dongfeng Nissan released a recall plan involving a total of 689,000 vehicles at the end of February. It is the defect in brake that triggered the recall. However, it is odd that the quality complaints were still escalating after the recall released.
Mar. 26 , 2018
Great Wall Motor Company Limited announced that the company achieved operation revenue of RMB 101.169 billion in 2017, increasing 2.59% year on year. The net profit attributable to shareholders slumped 52.35% from a year earlier to RMB 5.027 billion.
Mar. 26 , 2018
According to local media, Baoneng new energy vehicle production base in Shaanxi Province officially started construction on March 23. Meanwhile, the unveiling ceremony of the Baoneng Auto Innovation Research Institute was held on the same day.
Mar. 26 , 2018
Meituan officially launched its long-rumored ride-hailing service on March 21 in Shanghai. Reportedly, Meituan has raised a minimum capital of $ 1 billion to meet the challenge from Didi, the currently China’s largest ride-hailing platform.
Mar. 23 , 2018
BYTON announced that the company greeted two chief auto engineers, Chad Harrison and David Twohig, from Honda and Renault. They will hold positions in BYTON as vice president of product-line management unit and chief automotive engineer respectively.
Mar. 23 , 2018