From Yahoo India
The Nano may have been driven out of Bengal before it set up shop in Gujarat but a major Chinese company ‘ First Automotive Works (FAW) ‘ is considering both states as a possible location for its first plant…Read More →
BYD was the king of the Chinese auto industry prior to 2010, they…Read More →
Chery Automobile is to become the second Chinese vehicle maker to build an assembly plant in Kenya, joining truck manufacturer Beiqi Foton Motors in a move to tap east African demand and further strengthening Chinese links with the continent.
“They (Chery) are discussing with the (Chinese) government so that they can get…Read More →
Chinaâ€™s auto market slowed down considerably in the first half of 2011 and grew only 3.35% from a year earlier in the first half of this year due to several unfavorable factors such as the expiration of government stimulus policies, Beijingâ€™s license plate lottery policy, and continuous fuel price rises. Many domestic Chinese brands even…Read More →
The related contents of the New Energy Vehicle Industry Development Planning are spreading in Chinaâ€™s auto industry before being issued and implemented by the government.
According to the planning, China will invest more than 100 billion yuan in building an industry chain for new energy vehicles. In order to achieve the goal, the government…Read More →