Buick is going to have two NEV models code-named K226 and K228 locally produced in China with a total annual capacity of 88,000 units, according to local media. Meanwhile, the annual capacity of the Buick Excelle will be decreased by 88,000 units.
Dec. 4 , 2018
China's largest lithium battery maker Contemporary Amperex Technology Limited (CATL) plans to apply for a comprehensive credit line with the ceiling of RMB110 billion from banks, the company announced on November 28.
Nov. 29 , 2018
BMW Brilliance was recently permitted by the authority to upgrade the existing assembly line of the BMW X3, which will ramp up annual capacity by 40,000 BMW X3 all-electric SUVs for the automaker.The program involves an investment of RMB1.759 bln.
Nov. 28 , 2018
MIIT recently announced that a total of 199 models without production outputs or import volume by the end of October 2018 are likely to be removed from the Catalogue of New-Energy Automobile Models Exempt from Vehicle Purchase Tax.
Nov. 26 , 2018
Chery Jaguar Land Rover Automotive Co., Ltd. signed a cooperation agreement on November 22 with Changshu Economic and Technological Development Zone for the automaker’s program of new energy vehicle (NEV) and R&D center.
Nov. 26 , 2018
SAIC Motor signed a strategic cooperation framework agreement with government of Shanghai Chongming District on November 22 to jointly build a green, ecological transportation system and a world-class ecological island.
Nov. 23 , 2018