News
China announces additional 25% tariff on $16 billion worth of U.S. goods
China announces additional 25% tariff on $16 billion worth of U.S. goods

The Chinese government said on August 8 that it will impose additional 25% import tariffs on $ 16 billion worth of U.S.-made goods to retaliate for the Trump administration’s latest import duties levied on an equivalent value of China-made goods.

Aug. 9 , 2018
DFL launches Green Program 2022, to roll out 20 NEV models
DFL launches Green Program 2022, to roll out 20 NEV models

Dongfeng Motor Company Limited (DFL) launched the “DFL Green Program 2022” at its 15th anniversary on August 8 that elucidates the company’s initiative and framework in vehicle electrification, energy conservation and emission reduction.

Aug. 9 , 2018
Geely first BMA-based SUV SX11 officially named Binyue
Geely first BMA-based SUV SX11 officially named Binyue

The SX11, the first A-segment SUV model based on Geely Auto’s brand new BMA platform (B-segment Modular Architecture), has been officially named Binyue (in Chinese), according to Geely Auto.

Aug. 9 , 2018
FAW Group, BOE build partnership to develop vehicle display technology
FAW Group, BOE build partnership to develop vehicle display technology

Chinese state-owned automaker FAW Group and Boe Technology Group Co., Ltd (BOE) agreed a strategic partnership in recent days to jointly work on in-vehicle display technologies, according to local media.

Aug. 8 , 2018
Chinese EV startup NIO to file prospectus in September for U.S. IPO: sources
Chinese EV startup NIO to file prospectus in September for U.S. IPO: sources

Chinese EV startup NIO will file the Form S-1 in September as part of the preparation for its IPO in the U.S. stock market, according to people with knowledge of the matter.

Aug. 8 , 2018
BAIC Group, Great Wall Motor forge partnership, said to share auto parts resources
BAIC Group, Great Wall Motor forge partnership, said to share auto parts resources

BAIC Group, Great Wall Motor and a subsidiary of SDIC (State Development & Investment Corporation) inked a strategic cooperation agreement on August 7.

Aug. 8 , 2018