Market & Industry
China’s first-half auto imports plunge 32.5% year on year
China’s first-half auto imports plunge 32.5% year on year

For the first half of 2020, China imported a total of 361,000 vehicles (including chassis) which were valued at 119.92 billion yuan ($17,135,584,656), representing a year-on-year slump of 32.5%, according to Sinomach Automobile Co.,Ltd.

Jul. 20 , 2020
Dongfeng’s premium EV-focused “VOYAH” unveiled as independent brand
Dongfeng’s premium EV-focused “VOYAH” unveiled as independent brand

Dongfeng Motor Corporation announced on July 17 its all-new premium EV brand dubbed “Lantu” with the logo unveiled in the meantime.

Jul. 20 , 2020
NIO’s 50,000th mass-produced vehicle rolls off production line in Hefei
NIO’s 50,000th mass-produced vehicle rolls off production line in Hefei

NIO witnessed on July 18 its 50,000th mass-produced vehicle roll off the production line at the JAC-NIO Advanced Manufacturing Center in Hefei, only 783 days after the first one coming out, the EV manufacture announced via its WeChat account.

Jul. 18 , 2020
China wishes to spur NEV sales by stimulating demands of rural areas
China wishes to spur NEV sales by stimulating demands of rural areas

Chinese authorities plan to hold activities in the second half of the year for bringing new energy vehicles (NEVs) to the countryside so as to spur the NEV sales that have been mired by prolonged downturn.

Jul. 16 , 2020
Hongqi’s S9 supercar to be priced at over 10 mln yuan
Hongqi’s S9 supercar to be priced at over 10 mln yuan

Hongqi, the premium auto brand of FAW Group, will launch its first supercar model, the Hongqi S9, at the end of 2020, which is expected to be priced at over 10 million yuan ($1,429,000), according to Wang Guoqiang, vice president of FAW Group.

Jul. 16 , 2020
Great Wall Motor ORA’s third BEV model White Cat goes on sale
Great Wall Motor ORA’s third BEV model White Cat goes on sale

The ORA White Cat, the third mass-produced model of Great Wall Motor (GWM)’s BEV-focused brand ORA, formally hit the market on July 15. Offering four variants in total, the mini-sized BEV is priced from 75,800 yuan to 88,800 yuan after subsidy.

Jul. 16 , 2020