Market & Industry
China’s Dong Feng Motor to Make Personnel Changes

Executives of subsidiaries of China Dong Feng Motor Company met on June 20 for announcement of changes on personnel.

Jun. 30 , 2016
JAC electric vehicles got on fire and producers claims special investigation has been going on

On June 26th, a JAC electric vehicle got on fire by itself in Sanlitun, Beijing. Witnesses introduces that the vehicle is a JAC iEV5 model, and the fire began at the back wheel. Currently, no casualties have been reported.

Jun. 29 , 2016
China FAW Group Have Been under More Tough Supervision from China’s Government

Shareholders from both China FAW Car Co., Ltd and China Tianjin FAW Xiali Automobile Co.,Ltd met today for reviewing proposal made by China FAW Group to change date for shares changes.

Jun. 28 , 2016
Ford announces two experimental intelligent car parking solutions in Shanghai

In June 21st, Ford Motor has announced two experimental mobility solutions aiming at facilitating car owners’ parking, heralding the forthcoming Mobile World Congress Shanghai. The car company joins hands with Chinese valet parking service provider Car Key and intelligent parking service provider Dingding Tingche to relieve car owners in city centers from stressful parking by introducing two experimental mobility solutions.

Jun. 27 , 2016
China’s Chery to Work with Shou Qi Group for Developing Business of Renting Alternative Energy Vehicles

Chery, a leading manufacturer of alternative energy vehicles in China, has signed agreement to cooperate with Shou Qi Group, a provider of service of car renting, leading to a plan to produce 10, 000 units of alternative energy vehicles.

Jun. 27 , 2016
BAIC BJEV will increase RMB 3b funds for R&D and develop six new models each year

BAIC BJEV completed the delivery of 20,000 units’ alternative energy vehicles in 2015, ranking first in China and fourth in the world in terms of BEV sales volume. Reporters got official news that the company has completed the increase of RMB 3b funds, which will be used for supporting domestic company operation and the construction of overseas R&D bases. It will strive to achieve the launching of six new models every year.

Jun. 27 , 2016