Market & Industry
XPENG Motors’ charging business unit gets registered capital increased by RMB400 mln
XPENG Motors’ charging business unit gets registered capital increased by RMB400 mln

​The registered capital of a XPENG Motors' subsidiary, engaging in charging piles' manufacturing, has recently grown to RMB500 million (US$71.16 million) from RMB100 million (US$14.23 million).

Nov. 19 , 2019
China’s auto sales in 2020 forecasted to rise 1%, CPCA
China’s auto sales in 2020 forecasted to rise 1%, CPCA

China’s auto market is going to maintain a high-quality development with both auto sales and PV sales in 2020 forecasted to rise 1% year on year, Cui Dongshu, secretary general of the China Passenger Car Association (CPCA) said on November 16.

Nov. 19 , 2019
Chinese-specific automobile test cycle likely to be implemented starting 2021
Chinese-specific automobile test cycle likely to be implemented starting 2021

The China Automotive Testing Cycle standard applicable to light-duty vehicles and heavy-duty commercial vehicles were announced by China’s authorities in late October.

Nov. 19 , 2019
Delivery giant SF Express likely to get qualification to make HD map
Delivery giant SF Express likely to get qualification to make HD map

SF Express, a China's leading express delivery giant, is likely to become the country’s first logistics company that is qualified to conduct paperless navigation surveying and mapping.

Nov. 14 , 2019
Oct. sales of four Japanese automaker's China market
Oct. sales of four Japanese automaker's China market

Let's review the Oct. sales performances of four major Japanese automaker in their China's market.

Nov. 13 , 2019
CATL, Hello Chuxing, Ant Financial launches battery swapping JV
CATL, Hello Chuxing, Ant Financial launches battery swapping JV

​A joint technology venture among CATL, Hello Chuxing and Ant Financial was officially established in Ningde, a prefecture-level city located along the northeastern coast of Fujian, China.

Nov. 13 , 2019