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Toyota-owned premium car brand Lexus officially launched its all-new compact SUV model, the Lexus UX, into China’s market on January 23. Prices of 6 variants ranges between RMB268,000 and 371,000.
Jan. 24 , 2019
Chinese hybrid power system supplier Hunan Corun New Energy Co.,Ltd (Corun)’s plan to acquire 36.97% stake in ChinaHybrid System Co., Ltd (CHS Company) has been conditionally approved by the China Securities Regulatory Commission (CSRC).
Jan. 24 , 2019
According to the latest from Deloitte research, sales of plug-in electric cars by 2030 will increase beyond 20 million per year.
Jan. 23 , 2019
Hyundai once again raised the bar for plug-in electric car sales, achieving in December a new all-time record of 8,174, which is 276% more than a year ago. The plug-ins now account for a record high 5.3% of total volume for the South Korean brand.
Jan. 22 , 2019
FAW Volkswagen said several days ago that the all-new sub-brand of Volkswagen brand will formally be launched in the first quarter of 2019. The test mule of a sedan under the new sub-brand was recently spied on the road.
Jan. 22 , 2019
XPENG Motor's second model, positioned as a mid-sized BEV sedan that is to compete with the Tesla Model S in terms of intelligent level, is expected to make its debut at Shanghai International Automobile Industry Exhibition 2019.
Jan. 22 , 2019