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FAW-Volkswagen (FAW-VW) and German premium carmaker Audi recently signed a memorandum of understanding (MoU) to imbue Audi-branded models produced by the Sino-German joint venture with more genes of Audi Sport.
Dec. 17 , 2019
China’s auto sales in 2020 are forecasted to slide 2% year on year to around 25.31 million units, Xu Haidong, an assistant to the secretary-general of the China Association of Automobile Manufacturers (CAAM), said on December 12.
Dec. 17 , 2019
The newborn EV brand “Skywell” has already launched its product plan, less than a week after its name was firstly known by the public.
Dec. 16 , 2019
Shanghai Songjiang Economic & Technological Development Group, one of the two shareholders of Evergrande NEVS (Shanghai), is going to transfer its 20% stake in Evergrande NEVS (Shanghai).
Dec. 16 , 2019
China’s automakers sold roughly 79,000 locally-produced new energy PVs (NEPVs, referring to all-electric PVs and plug-in hybrid PVs) in November, clocking a sharp decrease of 41.7% over a year ago, according to the China Passenger Car Association.
Dec. 16 , 2019
FAW Car, a subsidiary of FAW Group, transferred its assets in economic development zone of Changchun to a stamping dies company dubbed Zhisheng in the capital of Jilin for 81.2 million yuan ($11.5 million).
Dec. 13 , 2019