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GAC Group gained 63.157 billion yuan ($9.657 billion) in the gross revenue for the year of 2020, posting a year-on-year growth of 5.88%, according to the annual financial results released on Thursday.
Mar. 26 , 2021
SAIC Motor announced on Thursday its revenue in 2020 dropped 12.52% year on year to roughly 723.043 billion yuan ($110.56 billion), while the full-year net profit attributable to shareholders fell 20.2% to 20.431 billion yuan ($3.124 billion).
Mar. 25 , 2021
JAC Group signed a framework agreement with Sinotrans Limited, one of the largest logistics companies in China, to co-build a highly efficient modern automotive logistics service system by leveraging both parties’ advantageous resources.
Mar. 25 , 2021
The first vehicle jointly developed by Baidu and Geely is expected to be rolled out no later than the year of 2024, Robin Li, chairman and CEO of Baidu, told a media outlet earlier this week.
Mar. 24 , 2021
Geely Auto Group (Geely Auto) announced on Tuesday the foudnation of Zeekr Company Limited, a new electric mobility technology and solution company located in China that will meet the growing demands for premium electric vehicles (EVs).
Mar. 23 , 2021
Volkswagen’s battery partner Gotion High-Tech announced it signed on March 22 an agreement with local government of Feidong County, Hefei for a project related to power battery industrial chain.
Mar. 23 , 2021