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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
Xpeng Motors announces onset of P7 BEV scale delivery
Xpeng Motors announces onset of P7 BEV scale delivery

Chinese EV startup Xpeng Motors kicked off the scale delivery of its second production BEV model, the Xpeng P7, at its self-built Zhaoqing plant on June 28.

Jun. 28 , 2020
Geely Auto to plow 40% of proceeds from RMB share issuance in auto R&D
Geely Auto to plow 40% of proceeds from RMB share issuance in auto R&D

Geely Automobile Holdings Limited (Geely Auto) released on June 24 more details about the preliminary proposal for the possible RMB share issuance and listing on the Science and Technology Innovation Board (Sci-Tech Board) which has been approved by

Jun. 28 , 2020
GAC NIO, NIO co-develop new car platform powered by L4 autonomous driving tech
GAC NIO, NIO co-develop new car platform powered by L4 autonomous driving tech

GAC NIO New Energy Automotive CO., (GAC NIO) is working with NIO, one of its parent companies, to research and develop a new vehicle platform based on level 4 autonomous driving technologies, Liao Bing, CEO of GAC NIO, told a local media outlet.

Jun. 28 , 2020