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WM Motor invests in Hunan-based software tech company
WM Motor invests in Hunan-based software tech company

WM Motor Technology Group Company Limited (WM Motor) has acquired 15% stake in a Hunan-based software tech company, joining the growing number of automakers that attempt to get a foothold in software domain.

Nov. 20 , 2020
GAC Group aims to sell 3.5 million vehicles annually
GAC Group aims to sell 3.5 million vehicles annually

By 2035, the group anticipated its production and sales will exceed 5 million units with revenue over RMB1 trillion.

Nov. 20 , 2020
Xpeng Motors launches P7’s new flagship version at Auto Guangzhou 2020
Xpeng Motors launches P7’s new flagship version at Auto Guangzhou 2020

Xpeng Motors launched the new flagship version “Pengyi” of its P7 electric coupe at the Auto Guangzhou 2020 kicking off on Nov. 20. Its guiding prices range from 366,900 yuan ($55,803) and 409,900 yuan ($62,343) after subsidy.

Nov. 20 , 2020
Baoneng Motor founds auto parts subsidiary in Shenzhen
Baoneng Motor founds auto parts subsidiary in Shenzhen

Baoneng Motor, the automotive unit of Chinese property conglomerate Baoneng Group, set up an auto parts subsidiary in Shenzhen on Nov. 16, according to the Chinese company information search platform Qichacha.

Nov. 19 , 2020
Tesla builds sales service company in Hefei
Tesla builds sales service company in Hefei

U.S. EV manufacturer Tesla has recently set up a new sales service company in Hefei, the capital of Anhui province, according to the corporate data platform Tianyancha.

Nov. 19 , 2020
Production start for Nissan-branded cars at Dongfeng Nissan’s Changzhou plant
Production start for Nissan-branded cars at Dongfeng Nissan’s Changzhou plant

On Nov. 18, Dongfeng Nissan officially kicked off production at the car plant in Changzhou with a Qashqai SUV rolling off the assembly line, according to Changzhou municipal government.

Nov. 19 , 2020