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In 2018, Mercedes-Benz sold a total of 674,125 vehicles (including Smart) in China with a YoY growth of 10.3%. The German premium car brand plans to roll out 15 new models in this country, including the new E-Class, the mid-cycle refresh GLC L.
Jan. 29 , 2019
In 2019, Volvo Cars plans to roll out several new models in China, including the China-made XC40, the imported all-new V60, the mid-cycle refresh XC90 as well as the all-new S60, Volvo Cars revealed in recent days.
Jan. 29 , 2019
On January 28, BAIC BJEV, a new energy vehicle business arm of BAIC Group, inked an agreement with Huawei to conduct a well-rounded business cooperation focusing on ICV based on the intention to improve the ecosystem of automotive industry.
Jan. 29 , 2019
BAIC Group sold 2.402 million vehicles throughout 2018, the automaker announced in recent days. Besides, it earned RMB480.74 billion in annual revenues with a year-on-year growth of 2.2% and RMB30.13 billion in full-year net profits.
Jan. 25 , 2019
Li Bin, founder, chairman and CEO of China-based EV startup NIO, transfers 50 million shares registered under his name as the capital of a trust fund built for NIO’s users, the startup announced on January 24.
Jan. 25 , 2019
Evergrande Health Industry Group Limited, a wholly-owned subsidiary of China Evergrande Group, announced on January 24 that it will acquire a 58.07% stake in Shanghai CENAT New Energy for RMB 1,059,777,500.
Jan. 25 , 2019