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Faurecia partners with BAIC in China for Seating business
Faurecia partners with BAIC in China for Seating business

Faurecia, one of the world leading automotive technology companies, and BAIC, one of China’s largest automotive manufacturers, today announced the establishment of a new 50-50 joint venture in China.

Jul. 24 , 2020
Tiny Wuling Hongguang MINI EV fits four passengers inside
Tiny Wuling Hongguang MINI EV fits four passengers inside

The Wuling Hongguang MINI EV, the first-ever all-electric vehicle of Wuling brand, officially hit the market at the Chengdu Motor Show that kicked off on July 24. Prices of three variants range between only 28,800 yuan and 38,800 yuan.

Jul. 24 , 2020
NIO’s 3rd production model EC6 hits market with price starting at 368,000 yuan before subsidy
NIO’s 3rd production model EC6 hits market with price starting at 368,000 yuan before subsidy

EV innovator NIO’s third mass-produced model, the NIO EC6, went on sale at the Chengdu Motor Show 2020 with three variants offered at one go. The vehicle is sold at the pre-subsidy prices ranging from 368,000 yuan ($52,542) to 526,000 yuan ($75,101).

Jul. 24 , 2020
Great Wall Motor’s WEY to unveil new off-road SUV dubbed “Tank 300” at Chengdu Motor Show
Great Wall Motor’s WEY to unveil new off-road SUV dubbed “Tank 300” at Chengdu Motor Show

Great Wall Motor (GWM) is going to offer the first glimpse of an all-new off-road SUV dubbed “Tank 300” at the Chengdu Motor Show 2020 that kicked off on July 24. This is the first model built on the “Tank·WEY” platform.

Jul. 23 , 2020
JAC Volkswagen’s registered capital increased by over 5 billion yuan
JAC Volkswagen’s registered capital increased by over 5 billion yuan

Both JAC Motors and Volkswagen (China) Investment Co., Ltd. have finished subscribing for the equity stake newly issued by JAC Volkswagen, which made the registered capital of the joint venture surge to 7.356 billion yuan from 2 billion yuan.

Jul. 22 , 2020
BMW intends to have EVE Power as second local battery supplier for China market
BMW intends to have EVE Power as second local battery supplier for China market

On July 21, EVE Energy announced that its subsidiary EVE Power Co.,Ltd. has received a statement of intent to cooperate which said BMW Brilliance Automotive Ltd. is interested in partnering with EVE Power to let the latter be its battery supplier.

Jul. 22 , 2020