GAC Capital and Anhui Xunfei Yunchuang Technology Co., Ltd. inked an agreement on Nov. 30 to build a joint venture that focuses on such sectors as intelligent cockpit, IoV and auto-related digital services.
Dec. 1 , 2020
FAW’s premium car brand Hongqi said its sales doubled year to year to 25,000 units in November. For the first eleven months of the year, the automaker sold a total of 178,100 new vehicles, posting a leap of 102% over a year earlier.
Dec. 1 , 2020
The roadmap said that in the next 5 to 10 years, traditional internal-combustion vehicles will remain an important part in the auto industry.
Nov. 30 , 2020
China’s central government has issued a total of 37.585 billion yuan (about $5.716 billion) of subsidies in 2021 for energy-saving and emission reduction projects, according to the Ministry of Finance (MOF).
Nov. 30 , 2020
In October, consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 124,600 homegrown new energy passenger vehicles (NEPVs), representing a robust year-on-year surge of 153.01%.
Nov. 29 , 2020
Dongfeng Motor Group and State Grid forged strategic partnership on Nov. 26 with their subsidiaries signing a number of agreements related to the separation of vehicles and batteries, the demonstration of V2G technology.
Nov. 27 , 2020