News
China EV startup AIWAYS sees its U5 move from concept to reality
China EV startup AIWAYS sees its U5 move from concept to reality

On November 29, China-based intelligent NEV startup AIWAYS unveiled its first volume production model--the U5 and officially announced the opening-up of its MAS (MORE ADAPTABLE STRUCTURE) platform and modular technologies.

Nov. 30 , 2018
Global automakers join trend to deploy mobility service in China
Global automakers join trend to deploy mobility service in China

Aside from such domestic automakers as Geely, SAIC Motor and FAW Group who have already launched their own mobility service platform, many prominent global car makers are also flocking into China to develop mobility service business.

Nov. 29 , 2018
MAHLE to open new R&D center in Changshu
MAHLE to open new R&D center in Changshu

MAHLE China signed an investment agreement with Changshu National New & Hi-tech Industrial Development Zone (CNZ) to build a modern R&D center at CNZ, Jiangsu Province.

Nov. 29 , 2018
Lincoln to launch another China-made 5-seater SUV code-named U540
Lincoln to launch another China-made 5-seater SUV code-named U540

Ford-owned premium car brand Lincoln plans to locally produce an all-new luxury 5-seater SUV model code-named U540 in China with 4 variants based on configurations.

Nov. 28 , 2018
FAW Group aims to sell nearly 6 million vehicles yearly by 2023
FAW Group aims to sell nearly 6 million vehicles yearly by 2023

In the coming 5 years to 2023, FAW Group aims to sell 5.9 million new vehicles and achieve revenue of RMB 900 billion, with profit over RMB 80 billion and RMB 180,000 by per capita income.

Nov. 28 , 2018
BMW Brilliance funnels RMB1.759 billion in additional annual capacity of 40,000 iX3s
BMW Brilliance funnels RMB1.759 billion in additional annual capacity of 40,000 iX3s

BMW Brilliance was recently permitted by the authority to upgrade the existing assembly line of the BMW X3, which will ramp up annual capacity by 40,000 BMW X3 all-electric SUVs for the automaker.The program involves an investment of RMB1.759 bln.

Nov. 28 , 2018