Market & Industry
China’s Jan.-Jul. automobile imports tumble 30.1% year on year
China’s Jan.-Jul. automobile imports tumble 30.1% year on year

For the first seven months of the year, China imported a total of 430,000 vehicles (including chassis), posting a year-on-year slump of 30.1%, and saw the year-to-date import value of automobiles reached 142.8 billion yuan ($20,637,328,908).

Aug. 25 , 2020
Guangzhou expects automobile capacity to exceed 5 million units in 2025
Guangzhou expects automobile capacity to exceed 5 million units in 2025

Guangzhou is ambitious to see its automobile capacity surpass 5 million units in 2025, according to a document approved by Guangzhou municipal government on August 24 at a press conference.

Aug. 24 , 2020
GAC Group eyes trial operation of Level 4 autonomous cars in 2023
GAC Group eyes trial operation of Level 4 autonomous cars in 2023

GAC Group strives to achieve the pilot operation of level 4 autonomous cars in designated regions in 2023, Feng Xingya, president of GAC Group, revealed at the Global Intelligent Vehicle Summit (GIV2020).

Aug. 24 , 2020
HYCAN 007’s bill of materials unveiled by GAC NIO
HYCAN 007’s bill of materials unveiled by GAC NIO

On August 19, Liao Bing, founder and CEO of GAC NIO, a joint venture between GAC Group and the EV startup NIO, unveiled the BOM (bill of materials) of the TOP version of the HYCAN 007, the joint venture’s first mass-produced BEV model.

Aug. 21 , 2020
NIO launches Battery-as-a-Service, announces foundation of battery asset company
NIO launches Battery-as-a-Service, announces foundation of battery asset company

Chinese EV startup NIO formally launched on August 20 the BaaS (Battery-as-a-Service) service, which allows customers buy electric vehicles and subscribe the usage of battery packs separately.

Aug. 20 , 2020
AutoX ties up with Letzgo to offer Robotaxi platform solution
AutoX ties up with Letzgo to offer Robotaxi platform solution

AutoX struck a deal on August 20 with Letzgo, a Shanghai-based major taxi fleet operator, to jointly build autonomous driving fleets for the scale pilot application of self-driving technology nationwide.

Aug. 20 , 2020