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Dongfeng-PSA joint venture to launch 14 new models in next five year to resurrect itself
Dongfeng-PSA joint venture to launch 14 new models in next five year to resurrect itself

Dongfeng Peugeot Citroen Automobile Co.,Ltd (DPCA), a joint venture between Dongfeng Motor Corporation and Group PSA, plans to roll out 14 new models that meet Chinese consumers' demands in the following five years.

Oct. 26 , 2020
Great Wall Motor’s Q3 net profit grows 2.9% YoY
Great Wall Motor’s Q3 net profit grows 2.9% YoY

During the third quarter, GWM saw its net profit attributable to shareholders edge up 2.9% over a year earlier to 1.44 billion yuan ($216,047,520) and recorded a gross margin of 19%, 0.5 percentage points higher than the year-ago period.

Oct. 23 , 2020
Tesla recalls  imported Model Ss, Model Xs in China
Tesla recalls imported Model Ss, Model Xs in China

Tesla Motors (Beijing) Co.,Ltd. plans to recall a total of 48,442 Model Ss and Model Xs imported to China from now on, according to China's State Administration for Market Regulation.

Oct. 23 , 2020
NIO said to develop its own autonomous driving chips
NIO said to develop its own autonomous driving chips

Chinese EV startup NIO is planning to develop its own computing chips for autonomous driving, while the project, which is mainly driven by NIO’s chairman and CEO William Bin Li, is still at its early stage, a local media outlet reported on Oct. 21.

Oct. 21 , 2020
SAIC Motor’s self-owned brands aim to sell over 100,000 units in Europe in 2025
SAIC Motor’s self-owned brands aim to sell over 100,000 units in Europe in 2025

Chinese largest auto marker SAIC Motor announced on October 20 it is ambitious to make the annual sales volume of its self-owned brands exceed 100,000 vehicles in 2025 in Europe, where a number of global auto giants make significant deployment.

Oct. 21 , 2020
EV innovator Hozon Auto’s third production model Nezha V rolls off production line
EV innovator Hozon Auto’s third production model Nezha V rolls off production line

Nezha, the NEV brand owned by Chinese EV startup Hozon Auto, saw its third production model, the Nezha V, rolled off the production line on October 20, according to a posting on Nezha’s WeChat account.

Oct. 21 , 2020