Market & Industry
August 2020 update: retail sales of four Japanese automakers in China
August 2020 update: retail sales of four Japanese automakers in China

For the month of August, both Toyota and Honda sustained double-digit growth in their China deliveries. Nissan and Mazda failed to gained increase, while only faced year-on-year decrease below 3%.

Sep. 11 , 2020
Startup Byton registers new company dubbed “Shengteng” after suspending China operations
Startup Byton registers new company dubbed “Shengteng” after suspending China operations

Stalled Chinese electric vehicle startup Byton registered on September 9 a new firm dubbed “Nanjing Shengteng Automobile Technology Co.,Ltd.” (called “Shengteng” for short), according to Chinese database query platform Tianyancha.

Sep. 11 , 2020
GAC-backed tech company registered to sell graphene materials
GAC-backed tech company registered to sell graphene materials

With GAC Group serving as the incubator, the company dubbed “Guangzhou Juwan”, whose one of major businesses is selling graphene materials, was officially registered on September 7, according to September 7.

Sep. 10 , 2020
CATL, Changan Automobile to team up on intelligent-connected EV, smart energy ecosystem
CATL, Changan Automobile to team up on intelligent-connected EV, smart energy ecosystem

Chinese power battery giant CATL and automaker Chongqing Changan Automobile Co., Ltd. (Changan) has signed an agreement for the long-term in-depth strategic cooperation on intelligent-connected EVs and smart energy ecosystem,

Sep. 9 , 2020
GAC Group scores 11.64% year-on-year increase in Aug. sales
GAC Group scores 11.64% year-on-year increase in Aug. sales

GAC Group announced that its Aug. vehicle sales volume reached 180,609 units, rising 11.64% over the previous year, while edging down 1.81% over the previous month.

Sep. 9 , 2020
Changan Automobile gains fifth-month-in-a-row double-digit sales growth
Changan Automobile gains fifth-month-in-a-row double-digit sales growth

Changan Automobile scored a 35.63% year-on-year surge last month by selling 169,415 vehicles, according to the company’s sales report. As of August, the Chongqing-based automaker had posted double-digit sales growth for the fifth month in a row.

Sep. 9 , 2020