- Changan Automobile scores 225.6% year-on-year hike in 2020 net profit
In 2020, Changan Automobile saw its full-year net profit attributable to shareholders soar 225.6% from a year earlier to 3.324 billion yuan ($511.573 million).
Apr. 20 , 2021
- Changan Automobile scores 225.6% year-on-year hike in 2020 net profit
- Four Japanese automakers all gain two-digit growth in Q1 China sales due to low base
For the first quarter of 2021, four major Japanese automakers—Toyota, Honda, Nissan and Mazda—all scored double-digit growth in China sales mainly because of the low base for the year-ago period.
Apr. 19 , 2021
- Four Japanese automakers all gain two-digit growth in Q1 China sales due to low base
- Huawei to plow up to $1 billion in auto tech R&D in 2021
Huawei plans to pour up to $1 billion in the R&D of automotive business this year, Wang Jun, president of Huawei smart car solution business unit, said on April 18.
Apr. 18 , 2021
- Huawei to plow up to $1 billion in auto tech R&D in 2021
- Honda China partners with AutoX to have autonomous car road tests
Honda’s China business unit announced on April 16 it has collaborated with AutoX, a self-driving tech developer backed by Alibaba, to explore autonomous driving solutions.
Apr. 16 , 2021
- Honda China partners with AutoX to have autonomous car road tests
- GAC Aion to pour 500 million yuan in car plant expansion
GAC Aion announced on April 15 it plans to double the annual capacity of its intelligent ecosystem manufacturing plant to 200,000 new vehicles in early 2022 with nearly 500 million yuan ($76.624 milli...
Apr. 16 , 2021
- GAC Aion to pour 500 million yuan in car plant expansion
- NIO, Sinopec ink agreement to co-develop battery swap business
NIO and Sinopec, the Chinese state-owned oil producer, signed an agreement on April 15 for a strategic cooperatiob on battery swapping stations.
Apr. 15 , 2021
- NIO, Sinopec ink agreement to co-develop battery swap business
- XPeng’s LiDAR-enabled P5 sedan makes debut
XPeng officially launched its third production model and also the first sedan model, the XPeng P5, on April 14. One of big selling points is that the P5 is the world's first mass-produced smart electr...
Apr. 14 , 2021
- XPeng’s LiDAR-enabled P5 sedan makes debut
- Great Wall Motor resumes sedan business under WEY brand
Great Wall Motor (GWM) has resumed its sedan business and plan to launch the first sedan model in May under WEY brand, according to Li Ruifeng, vice president of GWM and general manager of WEY brand, ...
Apr. 13 , 2021
- Great Wall Motor resumes sedan business under WEY brand