On June 12, 2019, Shanghai Maple Guorun an indirect 99% owned subsidiary of Geely Automobile Holdings Limited and LG Chem entered into a joint venture (JV) agreement, saying both parties agreed to set up a joint venture focusing on EV battery.
Jun. 12 , 2019
China Evergrande Group on June 11 signed a strategic cooperation framework agreement with Guangzhou Municipal Government as part of efforts to deepen its deployment in new energy vehicle (NEV) domain.
Jun. 12 , 2019
For the month of May 2019, China's vehicle output and sales volume reached 1.848 million units and 1.913 million units, shrinking 21.2% and 16.4% from the year-ago period respectively，according to the CAAM.
Jun. 12 , 2019
On June 10, NIO announced an update to NIO Pilot, the advanced driving assistant system (ADAS), adding seven features.
Jun. 11 , 2019
Toyota and Honda still obtained robust growth in both May sales and Jan.-May sales in China despite an overall sluggish auto market climate, presenting a quite powerful brand influence.
Jun. 11 , 2019
SAIC Motor’s new car sales in May 2019 reached 480,926 units, declining 16.28% from a year ago, the auto group announced on June 11. However, compared with the sales volume for April, the company achieved a positive growth of 5.28%.
Jun. 11 , 2019