China’s Vehicle Inventory Alert Index stood at 60.1% in January 2020, which dropped 0.6 percentage points compared to the previous month and fell 2.6 percentage points over the previous year, according to the China Automobile Dealers Association.
Feb. 2 , 2021
Chongqing Changan Automobile Co., Ltd. (Changan Automobile) scored 87.24% year-on-year surge last month with 251,980 vehicles sold. As of Jan. 2020, the automaker’s monthly sales had presented year-over-year increase for the tenth month in a row.
Feb. 2 , 2021
Baoneng Motor, the automobile unit of Chinese property conglomerate Baoneng Group, last week registered a charging service subsidiary in Guangzhou, which involves a registered capital of 10 million yuan.
Feb. 1 , 2021
SAIC Motor is ambitious to sell roughly 10 million new vehicles per year during the 14th five-year plan period (2021—2025), said the automaker.
Jan. 29 , 2021
Dongfeng Motor on Jan. 28 kicked off the trial production of the FREE, the first production model under its premium electric vehicle (EV) brand “VOYAH”, the automaker announced via its WeChat account.
Jan. 29 , 2021
Zhejiang Geely Holding Group (Geely Holding) and Faraday Future (FF) have signed a framework cooperation agreement, two companies announced today.
Jan. 29 , 2021