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Dongfeng-PSA joint venture to launch 14 new models in next five year to resurrect itself
Dongfeng-PSA joint venture to launch 14 new models in next five year to resurrect itself

Dongfeng Peugeot Citroen Automobile Co.,Ltd (DPCA), a joint venture between Dongfeng Motor Corporation and Group PSA, plans to roll out 14 new models that meet Chinese consumers' demands in the following five years.

Oct. 26 , 2020
Great Wall Motor’s Q3 net profit grows 2.9% YoY
Great Wall Motor’s Q3 net profit grows 2.9% YoY

During the third quarter, GWM saw its net profit attributable to shareholders edge up 2.9% over a year earlier to 1.44 billion yuan ($216,047,520) and recorded a gross margin of 19%, 0.5 percentage points higher than the year-ago period.

Oct. 23 , 2020
Tesla recalls  imported Model Ss, Model Xs in China
Tesla recalls imported Model Ss, Model Xs in China

Tesla Motors (Beijing) Co.,Ltd. plans to recall a total of 48,442 Model Ss and Model Xs imported to China from now on, according to China's State Administration for Market Regulation.

Oct. 23 , 2020
Tesla's Giga Shanghai Phase 2 passes gateway review
Tesla's Giga Shanghai Phase 2 passes gateway review

The project of Tesla Shanghai Gigafactory's second phase has gone through its gateway review, according to a local media outlet.

Oct. 22 , 2020
Presale of Lynk & Co 01’s global version begins in China, Europe
Presale of Lynk & Co 01’s global version begins in China, Europe

Lynk & Co, part of Zhejiang Geely Holdings’ automotive portfolio that also includes Volvo Cars, Polestar and Lotus, started on Oct. 21 the presale of the global version of its Lynk & Co 01 compact SUV in China and Europe.

Oct. 22 , 2020
BYD, Hino ink agreement to build JV for all-electric CV development
BYD, Hino ink agreement to build JV for all-electric CV development

BYD Auto Industry Company Limited, a subsidiary of BYD Company Limited, entered into a joint venture agreement with Hino Motors, Ltd. (Hino) on October 21 to set up a new company for the development of battery electric commercial vehicles.

Oct. 21 , 2020