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Polestar Chengdu Production Center starts construction and will be completed in 2018
Polestar Chengdu Production Center starts construction and will be completed in 2018

As Volvo’s high-performance electrification brand, Polestar was established on October 17th this year in Shanghai, and would construct a new production center in Chengdu.

Nov. 23 , 2017
Autonomous and intelligent-connected models at Auto Guangzhou 2017
Autonomous and intelligent-connected models at Auto Guangzhou 2017

Themed New Technology New Life, the Auto Guangzhou 2017 has attracted a wide variety of auto giants to showcase their high-tech autonomous driving and intelligent-connected vehicle models.

Nov. 23 , 2017
Baoneng likely to become shareholder of Qoros Auto
Baoneng likely to become shareholder of Qoros Auto

Qoros Auto’s share transfer shows new progress recently. Changjiang Equity Exchange released an announcement on its official website on November 17th, stating that Qoros Auto would transfer its 25% shares with a target price of RMB 1.625 billion.

Nov. 22 , 2017
Weichai, Bosch sign cooperation framework agreement to develop fuel cell technology
Weichai, Bosch sign cooperation framework agreement to develop fuel cell technology

Weichai Power announced that it had signed a strategic cooperation framework agreement with Robert Bosch on November 21 to lay foundation for their potential cooperation in forging world-leading industry chain of fuel cell technology.

Nov. 22 , 2017
Audi forecasts 2017 sales in China to reach approximately 600,000 units
Audi forecasts 2017 sales in China to reach approximately 600,000 units

Audi predicts that it will see robust sales growth in November and December, which will reverse a year-on-year sales decline of 3% in the previous ten months.

Nov. 22 , 2017
Ningbo Joyson Electronics sets up new company to acquire Takata
Ningbo Joyson Electronics sets up new company to acquire Takata

Ningbo Joyson Electronics announced that it have signed a definitive agreement with Takata Corporation for no more than $1.588 billion. The Chinese company will acquire all of Takata’s business, except for those related to PSAN airbag inflators.

Nov. 22 , 2017