Industry News

China's securities regulator issues new draft regulation, hinting at positive surprise on audit issues

"This reflects the consistent openness of Chinese regulators to cross-border audit and regulatory cooperation and is in line with relevant international practices," the CSRC said.

Voyah delivers 1,400 vehicles in March, up 89% from Feb

In the first quarter, Voyah delivered 3,693 units. It has delivered a total of 10,484 units since its first delivery in August last year.

GAC Aion sells 20,317 vehicles in March, up 189% year-on-year

GAC Aion announced in February the completion of its plant expansion project, doubling its standard production capacity to 200,000 vehicles per year.

Beijing aims to have 2 million NEVs by 2025

At the end of 2020, Beijing had 400,000 NEVs.

Official calls on multinational automakers to further expand investment in China

China's vice minister of commerce calls on multinational car companies to seize the opportunity to further expand their investment in China and improve the layout of the supply chain.

China considers allowing full US access to most firms' audits, report says

If the plan goes ahead, it would mark an unusual reversal by Beijing, potentially ending a decades-long dispute, Bloomberg reported.

Voyah to raise prices of pure electric versions of Voyah FREE by about $1,580

Dozens of Chinese EV makers announced plans to raise prices in March as raw material prices continued to rise sharply.

Camera? LiDAR? No, GAC Aion uses a third route for smart driving

GAC Aion is using infrared sensing technology in its smart driving system, and will soon be using it in production vehicles.

Chinese securities regulator responds after more firms placed on SEC list for possible delisting

Whether the companies are actually delisted in the next two years will ultimately depend on the progress and outcome of the US-China audit and regulatory cooperation, the CSRC said.

Dongfeng Motor said to launch premium electric off-road brand in June

Development of the brand's platform is now in a substantial stage, with prototype testing results meeting expectations.
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