Market & Industry
New-generation JETOUR X70 PLUS hits market, starting at 111,900 yuan
New-generation JETOUR X70 PLUS hits market, starting at 111,900 yuan

On July 29, Chery's JETOUR brand officially put the new-generation X70 PLUS onto the market, offering six variants with an official price range of 111,900 yuan to 137,900 yuan.

Jul. 30 , 2024
Huawei, SERES-backed AITO rolls off 400,000th vehicle
Huawei, SERES-backed AITO rolls off 400,000th vehicle

On July 29, AITO, the premium new energy vehicle brand jointly developed by Huawei and SERES, celebrated the production of its 400,000th new vehicle and the delivery of its 70,000th M9 vehicle.

Jul. 29 , 2024
Gasgoo Daily: BYD rolls off 1 millionth Song PLUS series vehicle
Gasgoo Daily: BYD rolls off 1 millionth Song PLUS series vehicle

With Gasgoo Daily, we will offer daily important automotive news in China.

Jul. 29 , 2024
China’s passenger vehicle retail sales likely to edge down both YoY, MoM
China’s passenger vehicle retail sales likely to edge down both YoY, MoM

China's passenger vehicle (referring to the cars, SUVs, and MPVs locally made on the Chinese Mainland) retail sales is likely to be 1.73 million units in July, a decrease of around 2% both year-on-year and month-on-month.

Jul. 29 , 2024
China allocates 300 billion yuan in special bonds to boost equipment upgrades, consumer goods trade-in programs
China allocates 300 billion yuan in special bonds to boost equipment upgrades, consumer goods trade-in programs

On July 25, China's National Development and Reform Commission ("NDRC") and Ministry of Finance issued a notice on several measures to intensify support for large-scale equipment upgrades and consumer goods trade-ins (called "the Measures" for short)

Jul. 26 , 2024
Honda Motor to trim production capacity, speed up EV transition in China
Honda Motor to trim production capacity, speed up EV transition in China

On July 26, Honda Motor announced via its WeChat account the plans to optimize production capacity and accelerate its transition to electrification in China.

Jul. 26 , 2024