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The government of China’s Hainan Province recently announced that consumers who buy new energy vehicles (NEVs) with license (excluding buses and fuel cell vehicles) will no longer enjoy the subsidy offered by local government from June 26 on.
May 6 , 2019
Zotye Auto, a China-based privately-owned automaker, plans to roll out over 10 NEV models by 2020 as part of its newly-launched NEV strategy targeting the next fifteen years, according to a press release from the carmaker.
May 6 , 2019
The PHEV (plug-in hybrid vehicle) version of the Geely Binyue, a SUV model going on sale on October 31, 2018, is said to head the market at the end of March or in early June, according to a local media outlet.
May 6 , 2019
GAC Group’s revenue for the first quarter of 2019 reached RMB14.256 billion, slumping 25.74% compared with the same period last year, the automaker reported on April 29.
May 5 , 2019
China’s biggest auto group SAIC Motor saw its net profit attributable to shareholders of the list company in the first quarter slide 15% year on year to RMB8.251 billion, according to its Q1 report released on April 29.
May 2 , 2019
Great Wall Motor’s total revenue in the first quarter shrank 14.85% over the previous year to RMB22.627 billion, the automaker announced on April 30.
May 2 , 2019