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Tesla’s China operation entity moves to Shanghai Free Trade Zone
Tesla’s China operation entity moves to Shanghai Free Trade Zone

Tesla (Shanghai) Co.,Ltd., the operation entity of Tesla's China business, has moved to Shanghai Pilot Free Trade Zone (SHFTZ), marking that it will enjoy more preferential governmental policies to further facilitate its China trade.

Apr. 17 , 2020
Impact of COVID-19 on Enterprise  Globalization  【Vol.9】
Impact of COVID-19 on Enterprise Globalization 【Vol.9】

Emerging markets, such as India and Indonesia, feature big growth potential due to fast economic growth and lower volume of vehicles per capita.

Apr. 16 , 2020
Two refreshed models of Geely’s BMA-based Binyue hit the market
Two refreshed models of Geely’s BMA-based Binyue hit the market

The Binyue PRO and ePRO go on sale on April 15 with eight variants priced from RMB79,800 and to RMB149,800.

Apr. 16 , 2020
Top 10 China-built PV, car, SUV, MPV models by Mar. wholesales
Top 10 China-built PV, car, SUV, MPV models by Mar. wholesales

There were six car models and four SUV models on the top 10 China-built PV models by March wholesales volume. The new entrant BYD Song was the only one that achieved growth.

Apr. 15 , 2020
SAIC Motor 2019 net profit down by 28.9% YoY
SAIC Motor 2019 net profit down by 28.9% YoY

SAIC Motor announced its annual net profit attributable to shareholders slumped 28.9% year on year to RMB25.603 billion, showing the first-time downturn since the group went public in 2011.

Apr. 14 , 2020
Dongfeng Motor Group to wholly control Dongfeng Renault after Renault’s transfer
Dongfeng Motor Group to wholly control Dongfeng Renault after Renault’s transfer

Dongfeng Motor Group and Renault S.A. plan to restructure their joint venture Dongfeng Renault Automotive Company (DRAC) given the downturn in China’s automobile market and the subsidiary’s unsound operational performance.

Apr. 14 , 2020