Etiqueta: FAW

This vehicle will be manufactured and sold in China.

Beijing has cracked down amid fears that cut-throat competition is hurting industry

The 14 carmakers say the move came as a result of regulatory guidance on the sustainable development of China’s auto sector.

China's major automakers and some new carmakers have pledged to shorten supplier payment terms amid concerns about supply chain security.

Recently, the automotive industry has been in an uproar: Great Wall Motors' Chairman Wei Jianjun's statement "the Evergrande of the automotive industry already exists, it just hasn't exploded yet" instantly ignited public opinion. Although no names were mentioned, all eyes are on BYD, which has liabilities of 594.3 billion yuan. At the same time, BYD launched the largest price cut in history during the "618" shopping festival, with 22 models seeing discounts of up to 53,000 yuan, directly causing a major dip in the new energy vehicle sector. This move has made investors restless: on one hand, there's the overwhelming "Evergrande theory," and on the other, a fierce price war...

FAW-Audi started pre-sales of the Q6L e-tron family at the Guangdong- Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen, Guangdong province, on May 31, as the first premium automaker to cooperate with Huawei.

BYD and Toyota are bringing compelling new electric cars to market in Europe and China, while both are shut out by tariffs in the US.