Automotive industry in China

Great Wall Motors' Tula factory in Russia starts production, setting Chinese auto brands on a new journey to global markets

Retrieved on: 
Friday, June 7, 2019
Great Wall Motors, Companies, Tula, Russia, Automotive industry in China, Economy of China

TULA, Russia, June 6, 2019 /PRNewswire/ -- Great Wall Motors' Tula factory in Russia, the Chinese automaker's first wholly-owned full-process manufacturing plant outside its home market, was formally put into production on June 5, 2019.

Key Points: 
  • TULA, Russia, June 6, 2019 /PRNewswire/ -- Great Wall Motors' Tula factory in Russia, the Chinese automaker's first wholly-owned full-process manufacturing plant outside its home market, was formally put into production on June 5, 2019.
  • This signifies that the automaker has entered a new stage with its global strategy but more importantly sets Chinese auto brands on a new journey to world markets.
  • The start-up of the Tula factory is of great significance to Great Wall Motors as the automaker accelerates the implementation of its global strategy.
  • The largest investment project of the Chinese manufacturing industry in Russia, is expected to generate over 18 billion yuan (approx.

Great Wall Motors' Tula factory in Russia starts production, setting Chinese auto brands on a new journey to global markets

Retrieved on: 
Friday, June 7, 2019
Great Wall Motors, Companies, Tula, Russia, Automotive industry in China, Economy of China

TULA, Russia, June 7, 2019 /PRNewswire/ -- Great Wall Motors' Tula factory in Russia, the Chinese automaker's first wholly-owned full-process manufacturing plant outside its home market, was formally put into production on June 5, 2019.

Key Points: 
  • TULA, Russia, June 7, 2019 /PRNewswire/ -- Great Wall Motors' Tula factory in Russia, the Chinese automaker's first wholly-owned full-process manufacturing plant outside its home market, was formally put into production on June 5, 2019.
  • This signifies that the automaker has entered a new stage with its global strategy but more importantly sets Chinese auto brands on a new journey to world markets.
  • The start-up of the Tula factory is of great significance to Great Wall Motors as the automaker accelerates the implementation of its global strategy.
  • The largest investment project of the Chinese manufacturing industry in Russia, is expected to generate over 18 billion yuan (approx.

In Propulsion for the First Sea Launch by CASC, WEY Sets an Example for Chinese Brands

Retrieved on: 
Wednesday, June 5, 2019
Technology, Photography, Manufacturing, Aerospace, Automotive Manufacturing, Wey, Great Wall Motors, Automotive industry in China, Companies, Economy of China, Motor vehicles

CZ-11 Solid-fuel Space Launch Vehicle (CZ-11 WEY) succeeds in fulfilling Chinas first sea launch mission.

Key Points: 
  • CZ-11 Solid-fuel Space Launch Vehicle (CZ-11 WEY) succeeds in fulfilling Chinas first sea launch mission.
  • A Chinese automotive brand in this sea launch mission attracts the worldwide attention, which is of ground-breaking significance for CASC and Chinese automotive brands.
  • WEY, a leading premium SUV brand in China, is favored by more and more users in the Chinese automotive market.
  • Mr. Jack Wey, Chairman of Great Wall Motors Co., Ltd. (SEHK: 2333) and Founder of WEY, cherishes an ambitious development goal for WEY.

Global and China Automotive Radiator Industry Report, 2019-2025

Retrieved on: 
Monday, May 20, 2019
Heat exchangers, Plumbing, Heating, ventilating, and air conditioning, Home appliances, Heating, Radiator, Economic sectors, Automotive industry in China, China, Automotive industry

DUBLIN, May 20, 2019 /PRNewswire/ -- The "Global and China Automotive Radiator Industry Report, 2019-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 20, 2019 /PRNewswire/ -- The "Global and China Automotive Radiator Industry Report, 2019-2025" report has been added to ResearchAndMarkets.com's offering.
  • It is expected that the sales drop of automobiles will be accompanied by less demand for radiators in China whilst the radiator prices are declining.
  • World-renowned automotive radiator companies have built factories independently or together with others in China.
  • The followings are highlighted in this report:
    Global and China's automobile production and sales as well as the output and sales volume of segmented products;
    Global and China automotive radiator market (environment, size, competitive landscape);
    Automotive radiator market segments in China;
    Technical features, market size and so forth of new energy vehicle radiators in China;
    7 global automotive radiator manufacturers (operation, technical characteristics of their radiators, supply, development in China, among others);
    9 Chinese automotive radiator producers (operation, characteristics of their radiators, R&D, development strategy, etc.)

Global and China Automotive Radiator Industry Report, 2019-2025

Retrieved on: 
Tuesday, May 14, 2019
Heat exchangers, Plumbing, Heating, ventilating, and air conditioning, Home appliances, Heating, Radiator, Mechanical engineering, Automotive industry in China, China

It is expected that the sales drop of automobiles will be accompanied by less demand for radiators in China whilst the radiator prices are declining.

Key Points: 
  • It is expected that the sales drop of automobiles will be accompanied by less demand for radiators in China whilst the radiator prices are declining.
  • Chinese radiator market will be worth RMB3,857 million and 30.21 million units will be demanded in 2025.
  • World-renowned automotive radiator companies have built factories independently or together with others in China.
  • The followings are highlighted in this report:
    Global and China's automobile production and sales as well as the output and sales volume of segmented products;
    Global and China automotive radiator market (environment, size, competitive landscape);
    Automotive radiator market segments in China;
    Technical features, market size and so forth of new energy vehicle radiators in China;
    7 global automotive radiator manufacturers (operation, technical characteristics of their radiators, supply, development in China, among others);
    9 Chinese automotive radiator producers (operation, characteristics of their radiators, R&D, development strategy, etc.)

China Automotive Systems Reports 2019 First Quarter Results

Retrieved on: 
Thursday, May 9, 2019
China Automotive Systems, Cities in China, Automotive industry in China, Wuhan, Hubei

WUHAN, China, May 9, 2019 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS)("CAAS" or the "Company"),a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2019.

Key Points: 
  • WUHAN, China, May 9, 2019 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS)("CAAS" or the "Company"),a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2019.
  • Gross profit was $14.0 million in the first quarter of 2019 compared with $21.6 million in the first quarter of 2018.
  • Selling expenses were $3.1 million in the first quarter of 2019, compared to $5.8 million in the first quarter of 2018.
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through nine Sino-foreign joint ventures.

China Automotive Systems to Announce 2019 First Quarter Financial Results on May 9, 2019

Retrieved on: 
Tuesday, May 7, 2019
China Automotive Systems, Forward-looking statement, Automotive industry in China, Steering, Automotive industry, Motor vehicles

Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through eight Sino-foreign joint ventures.

Key Points: 
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through eight Sino-foreign joint ventures.
  • The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles.
  • This press release contains statements that are "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995.
  • Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties.

Chinese carmaker BYD to produce EVs in Changzhou National Hi-Tech District

Retrieved on: 
Monday, May 6, 2019
Green vehicles, Electric vehicles, Transport, Electric vehicle conversion, Electric vehicle, Sustainable transport, Automotive industry in China, Battery electric vehicle, Plug-in electric vehicle, Sedans, BYD Song, BYD e6

CHANGZHOU, China, May 6, 2019 /PRNewswire/ -- Chinese plug-in electric vehicle (EV) maker BYD announced on April 25 that it will set up a manufacturing facility for EVs and EV components inChangzhou National Hi-Tech District (CND), in a move to meet increasing demand from the EV market and expand its production capacity of pure electric passenger vehicles.

Key Points: 
  • CHANGZHOU, China, May 6, 2019 /PRNewswire/ -- Chinese plug-in electric vehicle (EV) maker BYD announced on April 25 that it will set up a manufacturing facility for EVs and EV components inChangzhou National Hi-Tech District (CND), in a move to meet increasing demand from the EV market and expand its production capacity of pure electric passenger vehicles.
  • The new facility will manufacture BYD's Dynasty seriesand"e" productseries (pure electric vehicles ranging fromA00-class to C-class, spread across to ten models).
  • The models feature an energy consumption of 17.3-17.9 KWh perkilometer and a driving range of 450-600 kilometers.
  • The Chinese carmaker also plans to eventually set up a research and development center in Changzhou.

Chinese carmaker BYD to produce EVs in Changzhou National Hi-Tech District

Retrieved on: 
Monday, May 6, 2019
Green vehicles, Electric vehicles, Transport, Electric vehicle conversion, Electric vehicle, Sustainable transport, Automotive industry in China, Battery electric vehicle, Plug-in electric vehicle, Sedans, BYD Song, BYD e6

CHANGZHOU, China, May 6, 2019 /PRNewswire/ -- Chinese plug-in electric vehicle (EV) maker BYD announced on April 25 that it will set up a manufacturing facility for EVs and EV components inChangzhou National Hi-Tech District (CND), in a move to meet increasing demand from the EV market and expand its production capacity of pure electric passenger vehicles.

Key Points: 
  • CHANGZHOU, China, May 6, 2019 /PRNewswire/ -- Chinese plug-in electric vehicle (EV) maker BYD announced on April 25 that it will set up a manufacturing facility for EVs and EV components inChangzhou National Hi-Tech District (CND), in a move to meet increasing demand from the EV market and expand its production capacity of pure electric passenger vehicles.
  • The new facility will manufacture BYD's Dynasty seriesand"e" productseries (pure electric vehicles ranging fromA00-class to C-class, spread across to ten models).
  • The models feature an energy consumption of 17.3-17.9 KWh perkilometer and a driving range of 450-600 kilometers.
  • The Chinese carmaker also plans to eventually set up a research and development center in Changzhou.

Zotye USA Announces T600 To Be First Vehicle for United States Market

Retrieved on: 
Thursday, May 2, 2019
Motor vehicles, Sport utility vehicles, Automotive industry, Cars, Zotye Auto, Automotive industry in China, Zotye T700, Zotye SR9

Zotye is anticipated to be the first Chinese automaker to sell vehicles in the United States under its own brand name.

Key Points: 
  • Zotye is anticipated to be the first Chinese automaker to sell vehicles in the United States under its own brand name.
  • "This T600 is a perfect vehicle for the U.S. market and I'm very excited to announce it will be the first Zotye product to go on sale here.
  • Zotye USA's formation was announced on November 13, 2018 as the exclusive sales and distribution company of Zotye Automobiles for the U.S. market.
  • Zotye USA handles all sales, distribution, parts and service for Zotye Automobile Company vehicles in the United States.