News
China extends exemption of NEV vehicle purchase tax by another three years
China extends exemption of NEV vehicle purchase tax by another three years

China has decided to continue executing the preferential policy about the vehicle purchase tax, according to an announcement jointly issued by China’s Ministry of Finance and the State Taxation Administration on June 28.

Jul. 1 , 2019
Audi bundles China business in one hand with Gaby-Luise Wüst
Audi bundles China business in one hand with Gaby-Luise Wüst

Gaby-Luise Wüst will become the new President of Audi China on July 1st. She succeeds Thomas Owsianski, who will take over the position of President and CEO of Volkswagen Argentina in the future.

Jun. 28 , 2019
Dongfeng Motor, Tencent join hands to deepen deployment in smart mobility service, ICV
Dongfeng Motor, Tencent join hands to deepen deployment in smart mobility service, ICV

Dongfeng Motor Corporation and Shenzhen Tencent Computer Systems Co.,Ltd (Tencent Computer) on June 28 forged a strategic partnership to jointly build a new ecosystem of “automobile industry Internet”, according to Dongfeng Motor’s WeChat account.

Jun. 28 , 2019
Didi, GAC Group step up cooperation in ride-hailing service, autonomous driving
Didi, GAC Group step up cooperation in ride-hailing service, autonomous driving

Ride-hailing giant Didi Chuxing and GAC Group cemented their cooperation on June 26 after they forged a strategic partnership in April 2018.

Jun. 27 , 2019
FAW Car to build wholly-owned subsidiary with registered capital of RMB50 million
FAW Car to build wholly-owned subsidiary with registered capital of RMB50 million

FAW Car Co., Ltd., a subsidiary of FAW Group in Changchun, Jilin, plans to set up a wholly-owned subsidiary with its self-owned fund of RMB50 million, according to an announcement the automaker released on June 25.

Jun. 27 , 2019
EV startup NIO to recall 4,803 ES8s from June 27
EV startup NIO to recall 4,803 ES8s from June 27

NIO will recall a total of 4,803 ES8 SUVs that carry the battery packs manufactured between April 2, 2018 and October 19, 2018. The move has started from June 27, 2019 on.

Jun. 27 , 2019