Industry News
Didi will reveal a model called D1 on Nov 16, possibly built with BYD
Chinese ride-sharing giant Didi will unveil a vehicle called the D1 on November 16, a poster released by the company today showed.
GAC Nio to unveil new model on November 20
Chinese electric car maker GAC Nio will unveil a new model at the Guangzhou Auto Show, which opens on November 20, with specific information unknown at this time.
Evergrande's car making arm starts trial production, says it can produce a car per minute in the future
The Shanghai and Guangzhou production bases of Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, have recently started trial production, marking a step closer to getting the new Chinese EV maker's products to the public.
China releases 'Smart Connected Vehicle Technology Roadmap 2.0'
China released the "Smart Connected Vehicle Technology Roadmap 2.0" on November 11, detailing the development route, vision and strategic goals of intelligent connected vehicles.
China's October new energy vehicle sales double from same month last year
A total of 160,000 new energy vehicles were sold in China in October, up 104.5% year-on-year, data from the China Association of Automobile Manufacturers showed on Wednesday.
China's biggest property developer reveals logo of the cars it's making
Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, today unveiled the logo of its vehicle brand, Hengchi.
Geely becomes first Chinese brand to sell more than 10 million vehicles in total
Geely Group recently announced that the company became the first Chinese brand to achieve 10 million passenger car sales after first entering the auto industry in 1997.
SAIC-GM-Wuling denies report of teaming up with BYD for micro electric cars
A media report recently claimed that BYD will be partnering with SAIC-GM-Wuling to form a new brand to create micro electric cars for urban mobility. In response, the Economic Observer quoted a SAIC-GM-Wuling executive as saying that this is fake news.
Kaixin Auto up 70% pre-market as it announces its subsidiary's proposed merger with Haitaoche
US-listed Kaixin Auto Holdings (KXIN.US) today announced the signing of a binding letter of intent to invest and a management restructuring with Haitaoche Limited on November 3.
China's best-selling electric car sees one-day sales of up to 1,200 units in October
SAIC-GM-Wuling's Hongguang MINI EV, China's best-selling electric car, sold 23,762 units in October, up 18 percent from September, the company announced today.