News
Qoros Auto said to lose senior vice president Cai Jianjun
Qoros Auto said to lose senior vice president Cai Jianjun

Cai Jianjun, vice president of Baoneng Auto and senior vice president of Qoros Auto has reportedly left Qoros Auto after he joined the automaker on March 20. Yet, his future decision remains unknown.

Nov. 22 , 2018
Tesla cuts vehicle prices in China by 12-26 percent
Tesla cuts vehicle prices in China by 12-26 percent

The prices of the Tesla Model S and the Model X will be cut by 12-26 percent in China from November 22nd on.

Nov. 22 , 2018
XPENG Motors forges strategic partnership with NVIDIA for Level 3 autonomous driving
XPENG Motors forges strategic partnership with NVIDIA for Level 3 autonomous driving

On November 21, XPENG Motors signed a tripartite strategic cooperation agreement with NVIDIA, a leading company in AI computing hardware domain, and Desay SV Automotive to jointly develop Level 3 autonomous driving technology.

Nov. 22 , 2018
Volvo Cars Polestar first production base to open in Chengdu
Volvo Cars Polestar first production base to open in Chengdu

Polestar, Volvo Cars-owned electric performance car brand, showcased the Polestar 1 at the Auto Guangzhou 2018 kicking off on November 16. The automaker revealed that its first production base will be located in Chengdu, capital of Sichuan province.

Nov. 21 , 2018
Dongfeng forms two new companies by integrating 6 auto parts subsidiaries
Dongfeng forms two new companies by integrating 6 auto parts subsidiaries

On November 17 and 18, Dongfeng Motor Corporation saw two new subsidiaries established after integrating businesses of six auto parts units, according to the automaker’s official WeChat account.

Nov. 21 , 2018
Baoneng Group plows RMB3 billion to deepen EV power battery deployment
Baoneng Group plows RMB3 billion to deepen EV power battery deployment

A company dubbed Shenzhen Hongpeng New Energy Technology Co.,Ltd was registered on November 19 with a registered capital of RMB3 billion. It is noteworthy that the amounts of capital subscribed by Baoneng Group reach RMB2.97 billion.

Nov. 20 , 2018