FAW-VW, SAIC-Volkswagen’s Skoda and MG recently said they would lower their suggested retail prices in China following 7 premium car brands who had already announced price cut decisions before China’s VAT drop policy officially comes into effect.
Mar. 27 , 2019
BAIC Motor, Daimler AG and Daimler Greater China Ltd. (DGRC), agreed on March 26 to make further capital contributions with a total of $892,837,903 based on their respective proportion in the current registered capital of Beijing Benz.
Mar. 27 , 2019
FAW Group and Siemens signed a strategic cooperation agreement on March 25 to build an advanced digital plant for Hongqi, a premium car brand owned by the China’s state-owned automaker.
Mar. 27 , 2019
Momenta plans to launch fully automated driving solutions in the third quarter of 2019, Cao Xudong, CEO of the startup announced on March 25 at a conference that celebrated the inauguration of its Suzhou headquarters.
Mar. 26 , 2019
On March 25,BYD signed a strategic cooperation agreement with Huawei, to co-boost the innovation of automobile and rail transit, and digital transformation of automotive industry.
Mar. 26 , 2019
Enovate, the premium car brand founded by Chinese EV startup Dearcc, officially commenced the construction of its new energy vehicle (NEV) on March 20, according to local media outlets.
Mar. 25 , 2019