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Nine leaders from automakers elected as deputy to 13th NPC
Nine leaders from automakers elected as deputy to 13th NPC

A total of 2,980 deputies to the 13th National People’s Congress (NPC), China’s national legislature, has been elected. Among them, there are many deputies from China’s auto enterprises.

Feb. 27 , 2018
BYD sees 20% net profit drop in 2017
BYD sees 20% net profit drop in 2017

BYD released its 2017 financial results on Feb. 26, showing that the carmaker posted a YoY revenue growth of 2.34% to RMB 105.89 billion in 2017. However, the net profit attributable to the shareholders of listed companies reached RMB 4.06 billion, f

Feb. 27 , 2018
Zhongli adds investment in Shenzhen BAK Power Battery
Zhongli adds investment in Shenzhen BAK Power Battery

Jiangsu Zhongli Group announced that it has signed letter of intent with Shenzhen BAK Battery and a company in Tibet to acquire their stakes in Shenzhen BAK Power Battery.

Feb. 27 , 2018
Lynk&Co 02 to make worldwide debut on March 26
Lynk&Co 02 to make worldwide debut on March 26

Lynk&Co 02, the all-new crossover under the brand, will make its world debut in Amsterdam, Netherlands on March 26. The new model is expected to hit the market in 2018 with a starting price of RMB 120,000.

Feb. 27 , 2018
Zotye T500 to hit market on Mar. 7 with 6 variants
Zotye T500 to hit market on Mar. 7 with 6 variants

Zotye’s all-new compact SUV, the T500, which offers six variants, will hit the market on Mar. 7.

Feb. 26 , 2018
FF 91 said to be priced at RMB 2 million in China
FF 91 said to be priced at RMB 2 million in China

FF 91 may be priced at about RMB 2 million for China consumers and the company will start to deliver vehicles at the end of this year. The company has already begun the presale on its website and the down payment is RMB 50,000.

Feb. 26 , 2018