Shenzhen, a coastal city in the south of Guangdong Province, will offer up to 40,000 yuan ($5,644) per car of subsidies to consumers who buy new energy vehicles (NEVs) as part of efforts to stimulate automobile consumption.
Jun. 15 , 2020Zhejiang Geely New Energy Commercial Vehicle Group (GCV), a wholly-owned subsidiary of Zhejiang Geely Holding Group, is going to acquire 15.24% stake in Hualing Xingma Automobile (Group) Co.,Ltd.
Jun. 15 , 2020Haval, a SUV marque owned by Great Wall Motor (GWM), announced on June 11 its all-new SUV (code-named B06) is formally named “Haval Dagou”, which means “Big Dog” in English.
Jun. 12 , 2020Anhui Jianghuai Automobile Group Holdings Limited (JAC Holdings), the parent company of JAC Motors, has inked an investment agreement with Volkswagen (China) Investment Co., Ltd. to further firm up the cooperation intention formed at the end of May.
Jun. 11 , 2020In May, China boasts double-digit year-on-year growth in both auto outputs and sales.
Jun. 11 , 2020Chongqing has drawn up a set of measures for the purpose of stabilizing and bolstering local automobile consumption that was hard hit by the coronavirus spread.
Jun. 11 , 2020










