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SAIC Motor reported operation revenue up to RMB 870.639 billion, jumping 15.10% year on year. Meanwhile, the net profit attributable to shareholders increased 7.51% from the previous year to a record high of RMB 34.41 billion.
Mar. 30 , 2018
BYD intends to spin off its battery and photovoltaic unit and further promote the separated unit to be listed on a stock exchange, aiming to rival with CATL and trying to seize the to-be-lost strategic opportunities in battery industry.
Mar. 29 , 2018
The National Development and Reform Commission released a letter of rely saying that both Chinese and foreign shareholders of Changan PSA Automobiles Co., Ltd are permitted to increase a total of RMB 3.6 billion investment at the ratio of 50 to 50.
Mar. 29 , 2018
Nian Yong, director of the Department of Industrial Coordination of the National Development and Reform Commission (NDRC), delivered a speech about intelligent vehicle development at the 2018 Connected and Automated Vehicle International Seminar.
Mar. 28 , 2018
Geely is likely to launch an upgrade of the Emgrand GS in April. As a crossover SUV, the new model will retain Geely’s family design style in its interior, featuring simple and stylish overall layout with several details optimized and upgraded.
Mar. 28 , 2018
According to local media, Great Wall Motor’s production base in Yongchuan District, Chongqing (hereinafter, the Yongchuan base) officially started construction on March 28.
Mar. 28 , 2018