- China’s Vehicle Inventory Alert Index drops 4.6 percentage points YoY in Sept.
China’s Vehicle Inventory Alert Index stood at 54% in September, which rose 1.2 percentage points compared to the previous month, while dropped 4.6 percentage points over the previous year, accordin...
Oct. 09 , 2020
- China’s Vehicle Inventory Alert Index drops 4.6 percentage points YoY in Sept.
- Horizon Robotics, Continental AG to team up on high-level ADAS, driving automation
Horizon Robotics and the German automotive parts manufacturer Continental AG recently signed a memorandum of understanding (MoU) to carry out in-depth cooperation in high-level ADAS and driving automa...
Sept. 30 , 2020
- Horizon Robotics, Continental AG to team up on high-level ADAS, driving automation
- NIO to plow $600 million in expanding equity interest in NIO China
On September 25, 2020, NIO Inc. (“NIO” or the “Company”), through its wholly owned subsidiary, signed an agreement to subscribe for the newly increased capital of NIO (Anhui) Holding Co., Ltd....
Sept. 30 , 2020
- NIO to plow $600 million in expanding equity interest in NIO China
- China’s Jan.-Aug. imported auto volume drop 26.6% year on year
For the first eight months of 2020, China imported a total of 515,000 vehicles (including chassis), posting a year-on-year decrease of 26.6%, and saw the year-to-date import value of automobiles reach...
Sept. 29 , 2020
- China’s Jan.-Aug. imported auto volume drop 26.6% year on year
- CATL, FAW’s power battery joint venture starts production
CATL-FAW Power Battery Co.,Ltd. (called “CATL-FAW” for short), a joint venture between the Chinese power battery giant CATL and automaker FAW Group, has been put into operation on September 28, ac...
Sept. 29 , 2020
- CATL, FAW’s power battery joint venture starts production
- Great Wall Motor’s subsidiary signs special investment contract with Russian government
The Ministry of Industry and Trade of the Russian Federation signed on September 25 a special investment contract (SPIC) with Haval Russia Automotive Manufacturing Co., Ltd.—a subsidiary of the Chin...
Sept. 29 , 2020
- Great Wall Motor’s subsidiary signs special investment contract with Russian government
- Volkswagen Group China and Joint Ventures to invest EUR 15 billion in e-Mobility
Pursuing a strategy of electrification and digitization, the Group will electrify China on a grand scale, producing a total of 15 different NEV models locally by 2025, with 35% of the product portfoli...
Sept. 29 , 2020
- Volkswagen Group China and Joint Ventures to invest EUR 15 billion in e-Mobility
- Huo Jing to leave Ford China as VP of Communications
Huo Jing, Ford China’s vice president (VP) of communications, said on Sept. 28 via her WeChat Moments that she will leave Ford China in mid-October for the reasons of personal pursuit and family dut...
Sept. 28 , 2020
- Huo Jing to leave Ford China as VP of Communications