Market & Industry
All-new Changan Lumin variant to hit market on August 16
All-new Changan Lumin variant to hit market on August 16

Changan New Energy announced that the refreshed Changan Lumin 205km Xiangqin Edition will be hitting the market on August 16.

Aug. 14 , 2023
Huawei’s Intelligent Automotive Solution Business Unit nabs 1-billion-yuan revenue in H1 2023
Huawei’s Intelligent Automotive Solution Business Unit nabs 1-billion-yuan revenue in H1 2023

Chinese ICT giant Huawei recently unveiled its operating performance for the first half of 2023, indicating a "sound overall operation that meets expectations."

Aug. 14 , 2023
Changan Ford plans to build joint venture with Changan Automobile for new energy vehicles
Changan Ford plans to build joint venture with Changan Automobile for new energy vehicles

On August 11, China’s Anti-Monopoly Enforcement Bureau of the State Administration for Market Regulation has revealed that Changan Ford Automobile Co., Ltd. ("Changan Ford") intends to establish a new joint venture with Chongqing Changan Automobile.

Aug. 14 , 2023
China’s NEV market continues to grow in July 2023 with 31.6% YoY surge in sales
China’s NEV market continues to grow in July 2023 with 31.6% YoY surge in sales

In July, the Chinese automotive market experienced a deceleration in production and sales, influenced by the high base effect from the same period last year and compounded by the traditional off-season for the industry.

Aug. 10 , 2023
GAC Group’s auto sales drop YoY in July, but NEV sales still surge
GAC Group’s auto sales drop YoY in July, but NEV sales still surge

GAC Group announced this week it sold 189,199 vehicles in July 2023, representing a 14.04% decline year-on-year.

Aug. 10 , 2023
Chery Explore 06 kicks off presale, starting at 129,900 yuan
Chery Explore 06 kicks off presale, starting at 129,900 yuan

On August 10, Chery Auto officially kicked off presale of its latest model, the Explore 06 SUV. Coming with both two-wheel-drive and two four-wheel-drive variants, the new model starts at 129,900 yuan.

Aug. 10 , 2023