China’s largest automaker SAIC Motor expects its overseas auto sales to reach 1 million units by 2025, according to a senior executive of the company, as more automakers are seeking growth in global businesses amid the slowdown in domestic market.
Nov. 15 , 2019
Affected by overall sluggish market climate, quite a few automakers in China also suffered prolonged decrease, while there were some companies, such as Great Wall Motor, Geely and Chery Holding, still performing against the general cooling trend.
Nov. 15 , 2019
Tesla has already obtained the license to manufacture vehicles at Gigafactory 3 in Shanghai and sell them in China, marking its imminent take-off in the world’s largest auto market.
Nov. 14 , 2019
A joint technology venture among CATL, Hello Chuxing and Ant Financial was officially established in Ningde, a prefecture-level city located along the northeastern coast of Fujian, China.
Nov. 13 , 2019
There were six car models on the top 10 PV model list by Oct. wholesale volume, two models less than that of September.
Nov. 13 , 2019
Xpeng Motors today announced the signing of its Series C capital funding of US$400 million from a group of strategic and institutional investors.
Nov. 13 , 2019