Autos

BYD Profit Falls 83 Percent in First Quarter Following Subsidy Reduction

BYD Profit Falls 83 Percent in First Quarter Following Subsidy Reduction

BYD Profit Falls 83 Percent in First Quarter Following Subsidy Reduction. BYD Co., the world’s largest electric vehicle maker in…

Apr 29, 2018
Dou Shicong
Volkswagen Seeks More Chinese Battery Suppliers to Address Serious Shortage Issue

Volkswagen Seeks More Chinese Battery Suppliers to Address Serious Shortage Issue

Volkswagen AG is on the lookout for more battery partners in China as it expects strong demand for new energy…

Apr 27, 2018
Xu Wei
VW Seeks Second Chinese Battery Supplier to Cope With Huge Demand

VW Seeks Second Chinese Battery Supplier to Cope With Huge Demand

VW Seeks Second Chinese Battery Supplier to Cope With Huge Demand. German auto giant Volkswagen AG is on the look-out…

Apr 27, 2018
Dou Shicong
Singulato Motors Wraps USD476 Million C Series, Teams With BAIC BJEV to Gain EV Carmaker Qualification

Singulato Motors Wraps USD476 Million C Series, Teams With BAIC BJEV to Gain EV Carmaker Qualification

Beijing-based new-energy vehicle start-up Singulato Motors has closed a CNY3 billion (USD476 million) C round of financing and will form…

Apr 27, 2018
Bian Changyong & Hong Yi
Aston Martin Will Not Make Cars in China Despite Skyrocketing Sales in World’s Biggest Auto Market

Aston Martin Will Not Make Cars in China Despite Skyrocketing Sales in World’s Biggest Auto Market

Aston MartIn Lagonda Ltd. actively explores business opportunities in China and plans to increase the number of its dealers to…

Apr 26, 2018
Xu Wei
NIO Snags First Beijing License Plates for Autonomous Vehicle Testing

NIO Snags First Beijing License Plates for Autonomous Vehicle Testing

NIO Snags First Beijing License Plates for Autonomous Vehicle Testing. Electric carmaker Shanghai NIO Automobiles Co. has become the first…

Apr 26, 2018
Chen Juan
Battery Powerhouse CATL Pens Two New NEV Partnerships in IPO Buildup

Battery Powerhouse CATL Pens Two New NEV Partnerships in IPO Buildup

Battery Powerhouse CATL Pens Two New NEV Partnerships in IPO Buildup

Apr 26, 2018
Dou Shicong
FAW-Volkswagen Denies Rumored Takeover Talks on Leshi’s Auto Industrial Park in East China

FAW-Volkswagen Denies Rumored Takeover Talks on Leshi’s Auto Industrial Park in East China

FAW-Volkswagen Denies Rumored Takeover Talks on Leshi’s Auto Industrial Park in East China.

Apr 25, 2018
Liao Shumin
Geely Accelerates Plans for Vertical Takeoff Flying Cars

Geely Accelerates Plans for Vertical Takeoff Flying Cars

China’s largest private carmaker Zhejiang Geely Holding Group Co. has accelerated plans to commercialize its vertical takeoff and landing cars…

Apr 25, 2018
Liao Shumin
Enpower Plans USD102 Million Powertrain Plant for Electric Vehicles

Enpower Plans USD102 Million Powertrain Plant for Electric Vehicles

Enpower Electric Co., a maker of motor control systems for electric vehicles, will build a plant to produce powertrains, or…

Apr 25, 2018
Tang Shihua
GAC Group Sets Up USD350 Million Joint Venture With Japanese Automatic Transmission Supplier

GAC Group Sets Up USD350 Million Joint Venture With Japanese Automatic Transmission Supplier

The motor manufacturing unit of southern China's largest carmaker, Guangzhou Automobile Group Co. (GAC Group), has set up a joint…

Apr 25, 2018
Dou Shicong
China’s Power Battery Industry Sees Market Concentration as Latecomers Overtake Giants

China’s Power Battery Industry Sees Market Concentration as Latecomers Overtake Giants

China’s power battery industry is getting increasingly concentrated as the industry leader, Contemporary Amperex Technology Co. Ltd., CATL, occupied…

Apr 25, 2018
Dou Shicong

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