AUTOMOTIVE NEWS CHINA

Choosing Norway, one of the world's most environmentally conscious markets, as its European beachhead will present opportunities and challenges for the Shanghai EV startup.

The automaker plans to have the database up and running by later this year.

Huawei, which has been battered by U.S. sanctions, is in talks with Chongqing Sokon to acquire a controlling stake in Chongqing Jinkang New Energy Automobile, Reuters reported.

The average profit at China’s new-vehicle dealerships surged 20 percent in 2020 even though revenue fell amid the pandemic, according to a survey conducted by J.D. Power.