News
Volkswagen, Ford seek strategic alliance
Volkswagen, Ford seek strategic alliance

Volkswagen AG and Ford Motor announced on June 19 that the two automakers have signed a memorandum of understanding to explore several joint projects, including developing and building a range of commercial vehicles.

Jun. 20 , 2018
CATL inks deal with Fujian Investment on RMB 2.4 billion lithium battery storage project
CATL inks deal with Fujian Investment on RMB 2.4 billion lithium battery storage project

China's largest battery provider Contemporary Amperex Technology (CATL) signed a contract on a large energy storage project of lithium battery with Fujian Investment & Development Group Co., Ltd. on June 18.

Jun. 20 , 2018
Chery Jaguar Land Rover upgraded engine factory to produce three-cylinder 1.5T engine
Chery Jaguar Land Rover upgraded engine factory to produce three-cylinder 1.5T engine

Chery Jaguar Land Rover’s engine capacity expansion project will be basically completed in November this year by finishing the equipment installation and debugging. The upgraded engine factory will have an annual capacity up to 240,000 units.

Jun. 19 , 2018
BAIC, Magna plan to form new JV to build premium intelligent electric vehicles
BAIC, Magna plan to form new JV to build premium intelligent electric vehicles

BAIC BJEV and Canada auto parts supplier Magna signed a cooperation agreement on June 18 in Nanjing, saying that both parties plan to establish two new joint ventures to build open and sharing R&D and manufacturing centers of electric vehicles.

Jun. 19 , 2018
New Trumpchi GS4 features intelligent connectivity system
New Trumpchi GS4 features intelligent connectivity system

Featuring cutting-edge technologies, the all-newTrumpchi GS4 SUV also possesses comprehensive innovation and optimization in styling design, configuration and handling.

Jun. 16 , 2018
Suzuki withdraws capital from Changhe Suzuki, Baoneng likely to get involved
Suzuki withdraws capital from Changhe Suzuki, Baoneng likely to get involved

Changhe Auto announced on June 15 that Suzuki, the Japanese shareholder of Changhe Suzuki, has transferred its entire stake in the Sino-Japanese joint venture to Changhe Auto, which made Changhe Suzuki the wholly-owned subsidiary of Changhe Auto.

Jun. 15 , 2018