To grab more market shares in China, Tesla might seek to lower its prices. Thus, the EV maker needs to work more closely with China’s local suppliers, replacing the imported parts with homegrown ones.
Feb. 12 , 2020
HOZON Auto recently stated it has received a credit line worth RMB120 million from Shanghai Guojin Financial Leasing Co.,Ltd. (Guojing) by mortgaging the RMB42.66 million worth of facilities to the latter in January.
Feb. 12 , 2020
China’s tech giants like Baidu, JD.com and other tech startups are also using their tools to handle the virus infection, notably with the usage of autonomous driving technology.
Feb. 12 , 2020
China’s Ministry of Industry and Information Technology (MIIT) is soliciting public opinion on the amended Provisions on the Access Administration of New Energy Vehicle Manufacturers and Products.
Feb. 11 , 2020
Shenzhen-based automaker BYD said its new vehicle sales in Jan. 2020 tumbled 42.68% year on year to 25,173 units.
Feb. 11 , 2020
Geely-backed CaoCao Mobility and London EV Company (LEVC), another subsidiary of the Chinese automaker will launch a "health version" of the new TX, the iconic black taxi in London.
Feb. 11 , 2020