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BYD teams up with Changan on new energy vehicles
BYD teams up with Changan on new energy vehicles

On Apr. 17, BYD and Chongqing Changan signed a cooperation framework agreement to deepen their cooperation in new energy vehicles (NEV) and work together to empower the development of Chinese NEVs.

Apr. 18 , 2018
10th Global Auto Industry Summit
10th Global Auto Industry Summit

The 10th Global Auto Industry Summit will be held by Gasgoo on April 26, 2018 in Crowne Plaza Sun Palace in Beijing. A plenary session will start in the morning while four parallel forums will be organized in the afternoon. Taking

Apr. 17 , 2018
China to remove foreign ownership restrictions of auto JVs within five years
China to remove foreign ownership restrictions of auto JVs within five years

China will remove foreign ownership restrictions of auto JVs for specialty vehicles and NEVs in 2018, according to the official website of China’s National Development and Reform Commission.

Apr. 17 , 2018
EV startup AIWAYS third round financing elevates valuation to RMB 10 billion
EV startup AIWAYS third round financing elevates valuation to RMB 10 billion

The one-year-old electric vehicle (EV) startup AIWAYS has currently completed its third round financing which was led by the strategic investor Shagang Group. A

Apr. 16 , 2018
Geely’s first MPV model exposed to offer PHEV version
Geely’s first MPV model exposed to offer PHEV version

The patent images of Geely’s first MPV model were exposed recently. Coded VF 11, the new model has no formal name yet. It will offer a 1.5T gasoline-powered version and a PHEV version.

Apr. 16 , 2018
China may relax foreign ownership of auto JVs before national holiday at the latest
China may relax foreign ownership of auto JVs before national holiday at the latest

China is working on the specific scheme on relaxing foreign ownership of auto JVs, and the scheme is likely to be exposed to the public before the second half of 2018.

Apr. 13 , 2018