Search Results for "FAW "

Startup Leapmotor, FAW Car to jointly develop smart EV models
Startup Leapmotor, FAW Car to jointly develop smart EV models

Chinese automakers FAW Car and Leapmotor forged a strategic partnership earlier this week to jointly develop intelligent electric vehicle (EV) models.

May 9 , 2020
Toyota and FAW Restructure their Joint Company's Management Systems with the Aim of Sustainable Growth in China
Toyota and FAW Restructure their Joint Company's Management Systems with the Aim of Sustainable Growth in China

China FAW Group Co., Ltd. (FAW) and Toyota Motor Corporation (Toyota) will restructure their management systems with the aim of achieving sustainable growth in China.

Apr. 28 , 2020
FAW Group to co-build first Hongqi sports car with U.S.-based company
FAW Group to co-build first Hongqi sports car with U.S.-based company

FAW Group is about to establish a joint venture with Silk EV, a U.S.-based automotive engineering and design company, to build the first Hongqi-branded sports car.

Apr. 26 , 2020
FAW invests RMB 470 mln to produce more Hongqi-branded vehicles
FAW invests RMB 470 mln to produce more Hongqi-branded vehicles

FAW Group plans to invest roughly 470 million yuan ($67.4 million) in upgrading the production line to further increase the annual capacity of its premium Hongqi brand to 184,000 units.

Jan. 7 , 2020
FAW Group 2019 auto sales edge up 1.3%, full-year revenue hits RMB620 billion
FAW Group 2019 auto sales edge up 1.3%, full-year revenue hits RMB620 billion

FAW Group sold 3.464 million vehicles through 2019, achieving a growth of 1.3% compared with the year-ago period, and outpacing the overall auto industry by 10 percentage points, the state-owned automaker announced via its WeChat account.

Jan. 6 , 2020
Alibaba, FAW Group join hands to develop next-generation ICVs
Alibaba, FAW Group join hands to develop next-generation ICVs

On December 27, FAW Group and Internet titan Alibaba Group formed a strategic cooperation on building next-generation intelligent-connected vehicles (ICV), according to a press release from the state-owned automaker.

Dec. 29 , 2019