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As Tesla has basically achieved its target of auto parts localization in China, it is unlikely to see further reduction in the prices of made-in-China Tesla cars in the future, according to Tao Lin, Vice President of Tesla China Foreign Affairs.
Dec. 30 , 2020
China Geely Holding recently set up a new digital technology subsidiary that engages in the development of AI-enabled application software and blockchain technology.
Dec. 29 , 2020
Leapmotor announced the presale of the C11, its third production model, will begin on Jan. 1, 2021, coming with three trim levels. Guiding prices of the new model range from 159,800 yuan ($24,465) to 199,800 yuan ($30,590) after subsidies.
Dec. 29 , 2020
Among the top 10 China-made PV models by Nov. wholesales, there were six car models, three SUV models and one MPV model.
Dec. 27 , 2020
Zhiji Motor Technology Co.,Ltd., a joint venture among SAIC Motor, Shanghai Zhangjiang Hi-Tech Development Co.,Ltd. (Zhangjiang Hi-Tech) and Alibaba Group, was formally registered on Dec. 25 in Pudong New Area in Shanghai, according to SAIC Motor.
Dec. 26 , 2020
On Dec. 24, GAC Aion, GAC Group’s new energy vehicle (NEV) subsidiary, saw an Aion V all-electric SUV equipped with 5G and V2X (vehicle-to-everything) modules rolled off the production line.
Dec. 25 , 2020