News
GAC Group will not cut salary to weather coronavirus-caused crisis
GAC Group will not cut salary to weather coronavirus-caused crisis

GAC Group cut its 2020 sales target as its production severely stalled in February due to the coronavirus outbreak.

Mar. 17 , 2020
Impact of COVID-19 on Power Battery Industry 【Vol.6】
Impact of COVID-19 on Power Battery Industry 【Vol.6】

Global spread of COVID-19 epidemic sends shock waves through the power battery industry.

Mar. 17 , 2020
Great Wall Motor lowers 2020 sales, net profit targets due to coronavirus impact
Great Wall Motor lowers 2020 sales, net profit targets due to coronavirus impact

Great Wall Motor (GWM), China’s biggest SUV and pickup manufacturer, has cut its 2020 sales target to 1.02 million units from 1.11 million as the coronavirus epidemic undermines its outputs and consumers demands.

Mar. 17 , 2020
BYD announces foundation of five auto parts subsidiaries
BYD announces foundation of five auto parts subsidiaries

BYD recently announced the establishment of five subsidiaries, in a bid to speed up the sale of NEV-related core components.

Mar. 16 , 2020
MIIT supports priority in work resumption of Hubei auto parts suppliers
MIIT supports priority in work resumption of Hubei auto parts suppliers

Given that the epidemic in Hubei province has been effectively contained, the resumption of local businesses’ operation and production should be addressed now.

Mar. 16 , 2020
China-built Tesla Model 3 Long Range exempted from vehicle purchase tax on NEVs
China-built Tesla Model 3 Long Range exempted from vehicle purchase tax on NEVs

The Model 3 Long Range built by Tesla (China) Co.,Ltd has been exempted from the vehicle purchase Tax on NEVs, according to a catalogue issued by China’s Ministry of Industry and Information Technology (MIIT) on March 12.

Mar. 15 , 2020