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FAW Toyota, an automobile joint venture between FAW Group and Toyota, is going to stop producing the Toyota Prado 3.5L vehicles for hardly meeting China’s Stage 6 Emission Standard, according to the Chengdu Environmental Protection Bureau.
Apr. 26 , 2019CATL announced on April 25 that it has signed a contract with the state-owned carmaker FAW Group to jointly set up a company focusing on production and sales of power batteries.
Apr. 26 , 2019CATL released on April 25 its official annual report for 2018, saying its full-year revenue surged 48.08% year on year to RMB29.611 billion, while the net profit attributable to shareholders of the listed company shrank 12.66% year on year.
Apr. 25 , 2019WEY, a premium SUV marque of Great Wall Motor, and China Aerospace Science and Technology Corporation (CASC) found a joint technology innovation hub on April 24, which is going to help WEY achieve breakthroughs in R&D and manufacturing areas.
Apr. 25 , 2019Hydrogen fuel cell vehicles and all-electric vehicles will be juxtaposed and complementary for a long term in China to meet the needs of transportation and people’s travel, Huang Libin, a spokesman of China’s MIIT said on April 23.
Apr. 24 , 2019Continuing a YoY decline trend, PV wholesales showed 1.93 million units, down 9.2% YoY in March 2019. The YTD wholesales totaled 5.15 million units and had a big slide of 14.1% YoY
Apr. 24 , 2019










