Chinese automaker BYD released on March 31 its financial results in 2019.
Mar. 31 , 2020
China's VIA (Vehicle Inventory Alert Index) stood at 59.3% in March, a month-on-month drop of 27 percentage points, mainly thanks to the effective containment over the novel coronavirus, according to the China Automobile Dealers Association (CADA).
Mar. 31 , 2020
BAIC Motor, BAIC Group’s Hong Kong listed subsidiary, announced its 2019 net profit attributable to equity holders slid 7.8% from the year-ago period to RMB4.083 billion, and the basic earnings per share dropped 9.1% to RMB0.5.
Mar. 31 , 2020
Two more cities in China, Changchun and Ningbo, joined the string of local governments that offer subsidies to boost car consumption, which is depressed by the COVID-19 spread.
Mar. 30 , 2020
On March 29, China’s leading NEV manufacturer BYD formally launched the “blade battery”, a new type of new lithium iron phosphate battery (LFP battery) that will largely increase the energy density of battery pack with greater safety.
Mar. 30 , 2020
GAC Honda, a joint venture between Chinese automaker GAC Group and Japan-based Honda, on March 29 announced it will absorb its wholly-owned subsidiary, Honda Automobile (China) Co.,Ltd. (CHAC), effective from April 1.
Mar. 30 , 2020