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Geely aims to transform into internet-based, new energy company in 2018
Geely aims to transform into internet-based, new energy company in 2018

2018 is a key year for Geely to transform its development mode from a rapid one into a high-quality one, and this year Geely will transform from a traditional automaker into an internet-based and new energy company.

Mar. 19 , 2018
NIO executive denies IPO in U.S.
NIO executive denies IPO in U.S.

Zhu Jiang, vice president of NIO’s user development, denies the company’s planning for IPO in the United States and said the news was a complete rumor. NIO won’t give any comment for this.

Mar. 19 , 2018
Geely, JD.com form strategic partnership in IoV area
Geely, JD.com form strategic partnership in IoV area

Chinese e-commerce giant JD.com and Geely formed a strategic partnership recently that will cooperate in such areas like intelligent connection, auto e-commerce and auto aftermarket service to provide consumers with IoV services.

Mar. 19 , 2018
ICONIQ to build manufacturing base in Zhaoqing with total investment of RMB 16 billion
ICONIQ to build manufacturing base in Zhaoqing with total investment of RMB 16 billion

ICONIQ Motors, a Chinese electric vehicle startup, signed an agreement with Zhaoqing New Area on Mar. 14 about investing and building a manufacturing base in Zhaoqing, Guangdong Province.

Mar. 16 , 2018
3.15 Survey: nearly 40% consumers dissatisfied with their EVs
3.15 Survey: nearly 40% consumers dissatisfied with their EVs

According to a questionnaire survey on satisfaction of electric cars, more than half consumers were satisfied with their EVs and are willing to buy an EV model with a price range between RMB 100,000 and RMB 300,000.

Mar. 16 , 2018
VW Touareg shamed by CCTV China consumer rights show for defective engine issue
VW Touareg shamed by CCTV China consumer rights show for defective engine issue

The German automaker Volkswagen (VW) was named and shamed at the China consumer rights show (also known as “315 Gala) run by China Central Television (CCTV) for its defective engine drain valves in its Touareg sport utility vehicle on March 15.

Mar. 16 , 2018