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Zhidou starts EV manufacturing facility construction in Ningbo

NINGBO, Zhejiang – Zhidou Electric Vehicle Co., Ltd., a joint venture partly invested by Zhejiang Geely Holding Group, started construction of an EV manufacturing facility in Ningbo, Zhejiang Province on September 1, according to a report on d1ev.com. The facility with total investment of ¥2 billion ($322.58 million) will become

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Six Chinese automakers on Fortune 500 2015 list

BEIJING – Six Chinese automakers including SAIC Motor, FAW Group, Dongfeng Motor Group (DFG), BAIC Motor, Guangzhou Automobile Industry Group Co. (GAC) and Zhejiang Geely Holding Group (Geely) appeared on the Fortune 500 2015 list released recently. With sales revenues of more than $102.25 billion, SAIC remained the leading position

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