- Haval’s general manager promoted to CEO of GWM’s premium EV brand ‘Shalong Zhixing’
Wen Fei, general manager of Haval, Great Wall Motor (GWM)’s SUV line, has been promoted to CEO of Shanglong Zhixing, a smart EV brand that embodies the mission to help GWM speed up the transition to...
Mar. 05 , 2021
- Haval’s general manager promoted to CEO of GWM’s premium EV brand ‘Shalong Zhixing’
- Auto industry related highlights of Government Work Report
China will encourage stable increase in the consumption of automobiles and home appliances.
Mar. 05 , 2021
- Auto industry related highlights of Government Work Report
- BYD’s Feb. sales surge 280.42% YoY, while tumble 50.65% MoM
BYD’s new car sales in February reached 20,927 units, skyrocketing 280.42% year on year due to the low base for the coronavirus-hit year-ago period, while plunging 50.65% month on month mainly becau...
Mar. 05 , 2021
- BYD’s Feb. sales surge 280.42% YoY, while tumble 50.65% MoM
- NIO Holding, JAC Motors to set up joint venture in Hefei
The Anhui-based automaker JAC Motors and NIO Holding Ltd. signed on March 4 a letter of intent for the establishment of a joint venture in Hefei, where NIO China is headquartered, according to JAC Mot...
Mar. 04 , 2021
- NIO Holding, JAC Motors to set up joint venture in Hefei
- Geely-Daimler JV’s assembly plant said to be located in Xi’an
The joint venture co-built by Daimler’s Mercedes-Benz AG and Zhejiang Geely Holding Group for smart brand locates its car assembly plant in Xi’an, capital of Shaanxi province, according to a local...
Mar. 04 , 2021
- Geely-Daimler JV’s assembly plant said to be located in Xi’an
- Chery Holding scores 144.9% YoY surge in Feb. sales
Chery Holding said it sold 50,778 new vehicles in February, a year-on-year hike of 144.9%.
Mar. 04 , 2021
- Chery Holding scores 144.9% YoY surge in Feb. sales
- HOZON Auto secures 5 billion yuan credit line from China CITIC Bank
HOZON Auto, a Chinese EV startup possessing the NEV brand Nezha, was granted a credit line worth 5 billion yuan ($772.678 million) by China CITIC Bank on March 1, the company said via its WeChat accou...
Mar. 04 , 2021
- HOZON Auto secures 5 billion yuan credit line from China CITIC Bank
- Honda’s China business scores 48% YoY surge in Jan.-Feb. deliveries
For the first two months of 2021, Honda handed over a total of 239,013 new vehicles to consumers in China, posting a vigorous growth of 48% from a year ago.
Mar. 03 , 2021
- Honda’s China business scores 48% YoY surge in Jan.-Feb. deliveries