- Hubei to cancel restrictions on pickup entering cities
Hubei provincial government clearly stated that it will remove the restrictions on pickup trucks entering cities so as to help further spur local automobile consumption.
June 22 , 2020
- BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds
BAIC BJEV, BAIC Group’s NEV arm, plans to publicly issue corporate bonds with a principal amounting to not more than 3 billion yuan ($423,268,500), according to its parent company BAIC BluePark New ...
June 19 , 2020
- China’s PV deliveries projected to fall 8% YoY in June, CPCA
China’s PV retail sales (hereby referring to locally-produced cars, SUVs and MPVs) are estimated to drop 8% from a year ago to roughly 1.63 million units in June, according to China Passenger Car As...
June 19 , 2020
- Summary of Chinese mainstream automobile groups’ May sales
Amid the general resilient milieu, quite a few mainstream automakers in China logged double-digit growth in their May sales, such as FAW Group, Dongfeng Motor, Changan, Geely Auto and JAC Motor.
June 18 , 2020
- Lexus says China sales in May leap 35.1% YoY
Lexus announced a sales volume of 22,145 new vehicles it achieved for its China market in May, a vigorous year-on-year growth of 35.1%, rebounding to the normal level before the COVID-19 broke out.
June 17 , 2020
- NIO refutes online rumor about JAC-NIO plant’s fire
Chinese EV startup NIO on June 14 refuted an online rumor which said a fire took place at the JAC-NIO production base in Hefei, where NIO’s ES8 and ES6 SUVs are manufactured.
June 15 , 2020
- China gains two-digit growth in May auto outputs, sales
In May, China boasts double-digit year-on-year growth in both auto outputs and sales.
June 11 , 2020
- Chongqing takes measures to bolster auto consumption
Chongqing has drawn up a set of measures for the purpose of stabilizing and bolstering local automobile consumption that was hard hit by the coronavirus spread.
June 11 , 2020
