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MIIT: 56 automakers fail to reach corporate average fuel consumption standard
MIIT: 56 automakers fail to reach corporate average fuel consumption standard

China’s four government departments jointly announced the 2017 dual-credit calculation results of passenger vehicle manufacturers in China, alongside that the official launch of dual-credit transaction for passenger vehicle manufacturers.

Jul. 4 , 2018
Corun to buyout Geely’s capital in ChinaHybrid System Co.,Ltd
Corun to buyout Geely’s capital in ChinaHybrid System Co.,Ltd

Hunan Corun New Energy Co.,Ltd announced on July 2 that the company plans to acquire 9.9% stake in ChinaHybrid System Co., Ltd held by Zhejiang Geely Holding Group (Geely Holding) and 27.07% stake in CHS Company owned by Shanghai Maple Automobile.

Jul. 3 , 2018
BYTON, FAW sign strategic cooperation agreement to accelerate deployment in NEV area
BYTON, FAW sign strategic cooperation agreement to accelerate deployment in NEV area

BYTON, a Chinese intelligent EV startup signed a strategic cooperation framework agreement with FAW Group in Nanjing on July 2.

Jul. 3 , 2018
GWM names former VP of Geely to take charge of NEV and pickup divisions
GWM names former VP of Geely to take charge of NEV and pickup divisions

Ning Shuyong, former general executive vice president of market and communication of Qoros, has reportedly joined Great Wall Motor (GWM) to act the role of the group’s vice president and will report directly to Wang Fengying, president of GWM.

Jul. 2 , 2018
Ex Qoros Auto CEO joins EV maker Sinogold as president
Ex Qoros Auto CEO joins EV maker Sinogold as president

Liu Liang, the former CEO of Qoros Auto, has officially joined the Shandong-based EV maker Sinogold as president, according to local media.

Jul. 2 , 2018
CHJ aims to commercially operate first batch of L4 autonomous cars in 2025
CHJ aims to commercially operate first batch of L4 autonomous cars in 2025

The first batch of production vehicles of Chinese EV startup CHJ Automotive (CHJ) is slated to be put into commercial operation in 2025, according to Lang Xianpeng, director of the startup’s autonomous driving arm.

Jul. 2 , 2018