Market & Industry
China auto sales projected to slump 18% year on year in Jan. 2020
China auto sales projected to slump 18% year on year in Jan. 2020

China's auto sales volume was likely to slump 18% year on year in Jan. 2020.

Feb. 13 , 2020
Great Wall Motor’s auto sales drop 28.16% in Jan., while export volume still jumps
Great Wall Motor’s auto sales drop 28.16% in Jan., while export volume still jumps

Great Wall Motor (GWM), China’s largest SUV and pickup manufacturer, reported a 28.16% year-on-year drop in its Jan. new vehicle sales. Meanwhile, the outputs for the month also slumped 31.79%.

Feb. 13 , 2020
Tesla expanding “circle of friends” in China regarding supply chain
Tesla expanding “circle of friends” in China regarding supply chain

To grab more market shares in China, Tesla might seek to lower its prices. Thus, the EV maker needs to work more closely with China’s local suppliers, replacing the imported parts with homegrown ones.

Feb. 12 , 2020
BYD’s auto sales in Jan. plunge 42.68%, while oil-fueled vehicle sales still jump
BYD’s auto sales in Jan. plunge 42.68%, while oil-fueled vehicle sales still jump

Shenzhen-based automaker BYD said its new vehicle sales in Jan. 2020 tumbled 42.68% year on year to 25,173 units.

Feb. 11 , 2020
CaoCao Mobility, LEVC roll out health version of new TX
CaoCao Mobility, LEVC roll out health version of new TX

Geely-backed CaoCao Mobility and London EV Company (LEVC), another subsidiary of the Chinese automaker will launch a "health version" of the new TX, the iconic black taxi in London.

Feb. 11 , 2020
SAIC MAXUS launches 2020 product plan
SAIC MAXUS launches 2020 product plan

SAIC MAXUS plans to offer a higher positioned pickup, the MAXUS T80 and several new energy vehicle models including the MAXUS EUNIQ 6&PHEV this year, the company announced at its 2020 online annual business marketing meeting.

Feb. 11 , 2020