- Tesla says investigating a parked car burning incident in Shanghai
Tesla said on April 22 that it has dispatched a team to investigate an incident after a video showing a Tesla car exploding in a Shanghai-based parking lot was released on China’s social media.
Apr. 22 , 2019
- Top 10 sedan, SUV models by March wholesale volume
Only two SUV models, the Haval H6 and the X-TRAIL, entered the list of the top 10 PV models by March wholesale volume. Sedan models took 7 places and the Hongguang was the only MPV model, ranking thir...
Apr. 15 , 2019
- GAC NIO said to initiate Series A round fundraising
GAC NIO New Energy Automobile Co.,Ltd (GAC NIO) is ready to initiate its Series A round fundraising, according to a local media outlet.
Apr. 08 , 2019
- Didi-owned Xiaoju Automobile Solutions upgrades car rental business
Xiaoju Automobile Solutions has integrated its automobile operation center, hourly car rental business unit and new retail arm and upgraded them into a department dubbed “Xiaoju Car Rental Service".
Mar. 29 , 2019
- China’s JV-owned, self-owned car brands lower prices prior to VAT drop
FAW-VW, SAIC-Volkswagen’s Skoda and MG recently said they would lower their suggested retail prices in China following 7 premium car brands who had already announced price cut decisions before China...
Mar. 27 , 2019
- Summary: mainstream premium car brands’ China sales in February
The China Passenger Car Association (CPCA) reported that China’s premium car sales in February declined 2.9% from a year ago.
Mar. 26 , 2019
- 11 companies including FAW, Tencent, Alibaba set up RMB9.76 bln fund for NEV car-sharing business
Changan Automobile announced on March 22 that it has signed an agreement in Nanjing with ten companies including Suning, FAW Group, Dongfeng Motor, Tencent and Alibaba, etc., to build a joint venture ...
Mar. 22 , 2019
- Summary: mainstream luxury car brands’ China sales in January
It seems that most luxury automakers won a favorable outset for 2019 as their China sales all presented positive growth in January.
Feb. 28 , 2019
