On December 5, BAIC Motor entered into an agreement with Daimler Greater China Ltd. (DGRC) to contribute an aggregate amount of RMB500 million to Mercedes-Benz Leasing Co., Ltd. (MBLC).
Dec. 6 , 2019
CATL has stepped up its cooperation with BAIC Group’s NEV unit BJEV by signed a business strategy agreement on December 6 to co-promote the application of CATL’s products in BJEV’s vehicles.
Dec. 6 , 2019
Four major Japanese automakers have announced their China sales performance in November. The biggest bright spot should be Mazda, which achieved a double-digit increase after four-straight-month downturn.
Dec. 6 , 2019
NIO, the Chinese Telsa Wannabe, is going to launch its third model at the 2019 NIO Day on December 28. The all-new model will reportedly hit the market in the second quarter of 2020 with delivery starting as early as fourth quarter.
Dec. 5 , 2019
Chery Holding and its subsidiary Chery Automobile Co.,Ltd have successfully got a same controlling shareholder, the private enterprise Qingdao Wudaokou New Energy Industrial Fund.
Dec. 5 , 2019
In November, Mazda achieved year-on-year growth in China retail sales after four-consecutive-month decrease.
Dec. 4 , 2019