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
Chinese electric vehicle (EV) startup WM Motor is expected to launch the EX6 into market in the fourth quarter next year, according to local media. The new vehicle is a mid-size 6-seat all-electric SUV with a 2-2-2 seating arrangement.
Nov. 28 , 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
The prices of the Tesla Model S and the Model X will be cut by 12-26 percent in China from November 22nd on.
Nov. 22 , 2018