News
Geely injects RMB 50 million to set up Wuhan-based new energy technology company
Geely injects RMB 50 million to set up Wuhan-based new energy technology company

Geely Group (New Biz) has contributed RMB 50 million to set up a new energy technology company in Wuhan, Hubei province through its subsidiary, according to local media.

Sep. 18 , 2018
Great Wall Motor Rizhao base to produce WEY cars from 2021
Great Wall Motor Rizhao base to produce WEY cars from 2021

Chinese automaker Great Wall Motor and Rizhao municipal government announced on September 17 that they will step up cooperation to jointly develop such businesses as government car sourcing and smart mobility.

Sep. 17 , 2018
Chery to bring in new investors by capital increase
Chery to bring in new investors by capital increase

On September 17, Chery Holding and Chery Automobile Co.,Ltd (Chery Automobile) issued pre-announcements for the increase of company’s registered capital and shares on Changjiang Equity Exchange.

Sep. 17 , 2018
Changan Auto to roll out 3 new BEV models with longer driving range
Changan Auto to roll out 3 new BEV models with longer driving range

Changan Automobile plans to roll out 3 battery electric vehicle (BEV) models before 2018 ends, the company announced on the launching ceremony of the CS75 PHEV a few days ago.

Sep. 14 , 2018
August sales breakdown by major China automakers
August sales breakdown by major China automakers

Gasgoo compiled the August sales data released by 9 major local automakers as below. Apart from Dongfeng Motor Group, Changan Automobile and Great Wall Motor, the other six automakers on the list all obtained positive YoY growth in August sales.

Sep. 14 , 2018
JAC Motors boasts 4.61% YoY growth in August sales
JAC Motors boasts 4.61% YoY growth in August sales

JAC Motors reported a year-on-year growth of 4.61% in August sales with 36,676 vehicles delivered in August. From January to August, the automaker handed over 326,842 vehicles in total, a year-on-year drop of 4.25%.

Sep. 14 , 2018