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Recently, the local government of Deqing County, Zhejiang province has reclaimed the industrial lot located at Moganshan where Jia Yueting once planned to produce vehicles and set up an automotive theme town.
Dec. 1 , 2019
Audi is said to be making a plan with partners in China to boost sales and improve its brand value in three years. Besides, the SAIC-Audi project will not sell products before 2022, but the project has been moving forward.
Dec. 1 , 2019
BMW Group and Great Wall Motor officially initiated their 50:50 joint-venture project, Spotlight Automotive, on November 29, marking the first joint venture between foreign and privately-owned automakers in China will be soon established.
Nov. 29 , 2019
SVOLT Energy, Great Wall Motor (GWM)’s wholly-owned subsidiary, announced the official opening of the first phase of its automotive-grade intelligent battery plant in Jintan, Changzhou of China on November 27.
Nov. 28 , 2019
Geely denied the rumor that it planned to acquire Bentley, the luxury auto brand under Volkswagen Group.
Nov. 28 , 2019
Sino-French joint venture Dongfeng Peugeot Citroen Automobile Co.,Ltd (DPCA) plans to roll out three NEV models under Dongfeng Peugeot brand in the first half of 2020, including the all-new Peugeot e-2008, the 508L PHEV and the 4008 PHEV.
Nov. 28 , 2019