Market & Industry
Volkswagen, GM invest in CICV
Volkswagen, GM invest in CICV

Recently, the China Intelligent and Connected Vehicles (Beijing) Research Institute (CICV) has four new investors, including Volkswagen (China) Investment, General Motors (China) Investment and Bosch (China) Investment, etc.

Jan. 23 , 2020
CATL’s full-year net profit in 2019 anticipated to surge 20%-45%
CATL’s full-year net profit in 2019 anticipated to surge 20%-45%

CATL’s annual net profit attributable to shareholders of the listed company is forecasted to stand between RMB4.064 billion and RMB4.911 billion, surging 20% to 45% compared to 2018, the Ningde-based battery giant announced on Jan. 21.

Jan. 22 , 2020
Dongfeng Infiniti ambitious to sell 33,600 vehicles in 2020
Dongfeng Infiniti ambitious to sell 33,600 vehicles in 2020

Dongfeng Infiniti aims to sell 33,600 new cars in 2020, according to its parent company Dongfeng Motor Co.,Ltd., and will further highlight the transformation to electrification.

Jan. 22 , 2020
China’s auto sales likely to stand at 25 mln units in 2020, Minister of MIIT
China’s auto sales likely to stand at 25 mln units in 2020, Minister of MIIT

Both auto outputs and sales in China are likely to stand at roughly 25 million units in 2020, remaining flat or slightly dropping compared to 2019, Miao Wei, the Minister of China’s Ministry of Industry and Information Technology (MIIT).

Jan. 20 , 2020
Cowin Auto qualified by MIIT to produce fuel-burning PVs, BEVs
Cowin Auto qualified by MIIT to produce fuel-burning PVs, BEVs

Yinbin Cowin Automobile Co.,Ltd, formerly known as Wuhu Cowin Automobile Co.,Ltd, has been approved by China’s Ministry of Industry and Information Technology (MIIT) to produce both fuel-burning PVs and all-electric cars.

Jan. 20 , 2020
Spy shots of Geely’s all-new SUV based on CMA exposed
Spy shots of Geely’s all-new SUV based on CMA exposed

​Recently, local media managed to get some spy shots of an all-new SUV of Geely. The new car is set to be built on the company’s CMA (compact modular architecture), judging from the English marked on its camouflage.

Jan. 19 , 2020