News
FAW’s Hongqi boasts 111% YoY hike in first-half sales
FAW’s Hongqi boasts 111% YoY hike in first-half sales

Hongqi, the premium auto brand of FAW Group, announced that its new vehicle sales topped 15,400 units in June, surging 92% compared to the year-ago period.

Jul. 1 , 2020
Brilliance Auto’s parent registers mobility service subsidiary
Brilliance Auto’s parent registers mobility service subsidiary

Huachen Automotive Group Holdings Company Limited founded on June 29 a wholly-owned mobility service subsidiary that involves a registered capital of 100 million yuan.

Jul. 1 , 2020
Sichuan rolls out polices to support NEV, intelligent vehicle development
Sichuan rolls out polices to support NEV, intelligent vehicle development

China’s Sichuan provincial government is soliciting public opinions on the measures designed for the development of local new energy vehicle (NEV) and intelligent vehicle industries.

Jul. 1 , 2020
FAW-Toyota starts construction of new NEV base in Tianjin
FAW-Toyota starts construction of new NEV base in Tianjin

FAW-Toyota celebrated on June 29 the first spade cut for its new energy vehicle (NEV) manufacturing base in Binhai New Area, Tianjin, marking the beginning of the Sino-Japanese joint venture’s transition to NEVs.

Jun. 30 , 2020
Dongfeng, Changan, FAW co-unveil NEV & ICV-focused joint venture
Dongfeng, Changan, FAW co-unveil NEV & ICV-focused joint venture

Zhongqi Chuangzhi Technology Co.,Ltd. (called “Zhongqing Chuangzhi” for short), a joint venture co-funded by three state-owned automakers—Dongfeng, FAW and Changan, was officially launched on June 29 in Nanjing.

Jun. 30 , 2020
FAW Group’s newly-built subsidiary likely to work for Hongqi’s ICV strategy
FAW Group’s newly-built subsidiary likely to work for Hongqi’s ICV strategy

China’s state-owned automaker FAW Group established a wholly-owned subsidiary on June 22, which is likely to help Hongqi forge ahead with its ICV (intelligent-connected vehicle) development.

Jun. 29 , 2020