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Summary: mainstream premium car brands’ China sales in February
Summary: mainstream premium car brands’ China sales in February

The China Passenger Car Association (CPCA) reported that China’s premium car sales in February declined 2.9% from a year ago.

Mar. 26 , 2019
FAW-Volkswagen to produce 1.5T engine as replacement of 1.4T engine
FAW-Volkswagen to produce 1.5T engine as replacement of 1.4T engine

FAW-Volkswagen is expected to manufacture the all-new EA211 1.5T Evo engine at its Chengdu engine factory in 2022, according to local media outlets.

Mar. 26 , 2019
Self-driving startup Momenta ready to launch fully automated driving solution in Q3
Self-driving startup Momenta ready to launch fully automated driving solution in Q3

Momenta plans to launch fully automated driving solutions in the third quarter of 2019, Cao Xudong, CEO of the startup announced on March 25 at a conference that celebrated the inauguration of its Suzhou headquarters.

Mar. 26 , 2019
BAIC BJEV, Magna ready to pour RMB2 bln in all-electric PV manufacturing JV
BAIC BJEV, Magna ready to pour RMB2 bln in all-electric PV manufacturing JV

BAIC BluePark New Energy Technology Co.,Ltd announced on March 22 that its subsidiary BAIC BJEV and Magna International Autolaunch Ireland Ltd. are going to form a joint venture that focuses on manufacturing premium all-electric passenger vehicles (P

Mar. 25 , 2019
Lotus’s first China-made model said to be produced in Geely’s Wuhan plant
Lotus’s first China-made model said to be produced in Geely’s Wuhan plant

Lotus, a British sports car brand 51%-owned by China’s Geely, will see its first China-made model manufactured in Geely’s Wuhan vehicle plant, An Conghui, president and CEO of Geely Auto Group, revealed on March 21.

Mar. 25 , 2019
Faraday Future Signs New Joint Venture Agreement With the9 Limited
Faraday Future Signs New Joint Venture Agreement With the9 Limited

Faraday Future announced on Mar. 24 that it has signed a joint venture agreement with The9 Limited to form a joint venture (the “JV”) to manufacture, market, distribute, and sell luxury intelligent electric vehicles in China.

Mar. 25 , 2019