NEVS and CPI Ronghe Financial Leasing Company Limited (RHZL) signed a strategic cooperation agreement on December 5 to co-work on developing high-quality environmentally friendly mobility service solutions.
Dec. 13 , 2018
Great Wall Motor (GWM) plans to build a new complete vehicle plant in Pinghu, a city in northern Zhejiang, with RMB2 billion to be invested, according to an official document issued by Zhejiang Provincial Development and Reform Commission.
Dec. 13 , 2018
Malaysian car maker Proton saw its first SUV model-the Proton X70 officially hit the market on December 12, more than a year after China’s Zhejiang Geely Holding Group bought 49.9% stake in the company.
Dec. 13 , 2018
China saw its wholesale volume of new energy passenger vehicles (PV) amount to 131,880 units in November, surging 63% from the previous year, according to the data released by the China Passenger Car Association (CPCA).
Dec. 12 , 2018
According to the CPCA, China’s passenger vehicle (PV) retail sales reached 2,019,933 units in November, edging up 3.4% over the previous month, while falling 18% year on year (YoY), 4.8 percentage points higher than that of the previous month.
Dec. 12 , 2018
Volkswagen is ambitious to build 1 million new energy vehicles (NEVs) per year in China by 2025. Consumers will have wide choice of BEV versions and all new models are expected to be fully connected from 2019 on.
Dec. 11 , 2018