GAC Group plans to acquire a 50% stake in FAW Toyota via share issuance, aiming to bolster its financial performance and create a dual-JV structure for Toyota.
Geely has unveiled the 2027 Boyue compact SUV, featuring the new GEEA 3.0 architecture, a 1.5TD engine, 7DCT, and upgraded Flyme Auto 2 smart cockpit tech.
GAC Group plans to acquire a 50% stake in FAW Toyota via share issuance at 5.75 yuan/share, aiming to strengthen its market position and financial performance.
The Dongfeng Mengshi X700, a new boxy plug-in hybrid SUV, has opened for pre-sale in China, priced from 249,800 to 289,800 yuan ($35,500-$41,200). It features Huawei's ADS 5 intelligent driving and HarmonySpace 6 cockpit.
NIO hit a record 183,469 daily battery swaps on Oct 1, 2026. The company now operates 9,529 stations and has partnered with Geely to expand its network.
