News
FAW’s Mazda business unit formally begins operation
FAW’s Mazda business unit formally begins operation

FAW Group’s independent business unit set for Mazda brand officially started operation on June 1, and it will take over the whole operational businesses of the Sino-Japanese brand from FAW Car Co., Ltd, according to the Chinese state-owned automaker.

Jun. 3 , 2020
New Cadillac XT6 goes on sale with price starting at 389,700 yuan
New Cadillac XT6 goes on sale with price starting at 389,700 yuan

New Cadillac XT6 officially hit the market on June 1, 2020 with 8 variants offered at one go.The price starts at 3,897 yuan and ranges up to 549,700 yuan.

Jun. 2 , 2020
Shanghai to implement China Ⅵ standard for heavy-duty vehicles from July 1, 2020
Shanghai to implement China Ⅵ standard for heavy-duty vehicles from July 1, 2020

Chinese megacity Shanghai will enforce the China Ⅵ emission standards that apply to heavy-duty diesel-fueled vehicles (hereafter referred to as “China VI”) from July 1, 2020.

Jun. 2 , 2020
Beijing to add 20,000 NEV license plates for car-free families
Beijing to add 20,000 NEV license plates for car-free families

Beijing plans to increase 20,000 NEV (new energy vehicle) license plates at one go in the second half of 2020, which will be all allocated to car-free families, according to a draft regulation released by Beijing Municipal Commission of Transport.

Jun. 1 , 2020
BAIC Group to acquire 21.26% stake in car rental service provider CAR Inc.
BAIC Group to acquire 21.26% stake in car rental service provider CAR Inc.

UCAR, a Chinese app-based chauffeured car service provider, signed on May 31 a non-legally binding strategic cooperation agreement with BAIC Group, pursuant to which the latter will acquire no more than 450,790,855 shares from UCAR.

Jun. 1 , 2020
Xpeng Motors plows 10 mln yuan in founding new sales & service subsidiary
Xpeng Motors plows 10 mln yuan in founding new sales & service subsidiary

Chinese EV startup Xpeng Motors founded a sales & service subsidiary on May 26 which involves a registered capital of 10 million yuan ($1,401,090), according to the business data search platform Tianyancha.

Jun. 1 , 2020