China's Vehicle Inventory Alert Index (VIA) stood at 62.7% in July, which climbed 5.9 and 0.5 percentage points compared to the previous month and the previous year respectively, according to the China Automobile Dealers Association (CADA).
Aug. 3 , 2020
Gasgoo hereby compiled the first-half 2020 sales results and annual sales goals announced by ten mainstream Chinese automobile groups.
Jul. 31 , 2020
JAC Motors is forecasted to post a net loss attributable to shareholders of 146 million yuan ($20,866,378) for the first half of 2020, a nosedive from the net profit of 125,114,300 yuan ($17,881,386) gained in the year-ago period.
Jul. 31 , 2020
Guangdong provincial government stated earlier this month that it will encourage foreign investors to plow capital into new energy vehicle (NEV) businesses and relax foreign ownership restrictions on commercial vehicle (CV) manufacturers.
Jul. 30 , 2020
FAW Hongqi’s all-new large-sized all-electric SUV, the Hongqi E-HS9, made its world’s debut on July 28 with its presale kicking off at the same time.
Jul. 30 , 2020
On July 28, GAC Group offered the first glimpse of its first hydrogen fuel cell vehicle model, the Aion LX Fuel Cell, at the GAC Tech Day 2020.
Jul. 29 , 2020