Market & Industry
China to optimize foreign investment policies in the auto industry
China to optimize foreign investment policies in the auto industry

Policies on foreign investment in the automobile industry will be optimized to guarantee equal treatment in market access to new energy vehicles produced by both domestic and foreign-invested automakers.

Oct. 17 , 2019
What has BMW done to keep up with “China Speed”?
What has BMW done to keep up with “China Speed”?

BMW Group has designed a set of elaborate strategies to follow China’s new technology trends in every way and further consolidate its presence there.

Oct. 17 , 2019
GAC NIO’s HYCAN to kick off “blind booking” of first model on October 22
GAC NIO’s HYCAN to kick off “blind booking” of first model on October 22

HYCAN, an all-electric car brand launched by GAC-NIO New Energy Automobile Co.,Ltd (GAC NIO), will kick off the presale of its mass-produced model on October 22 without revealing the final vehicle details yet.

Oct. 17 , 2019
BAIC Group launches all-new self-owned PV brand BEIJING
BAIC Group launches all-new self-owned PV brand BEIJING

China’s BAIC Group announced on October 15 its self-owned PV brand “BEIJING”, which integrates businesses of the NEV arm BJEV and BAIC Motor’s domestic brands.

Oct. 16 , 2019
Changan Automobile likely to suffer Q1-Q3 net losses of RMB2.8 billion
Changan Automobile likely to suffer Q1-Q3 net losses of RMB2.8 billion

Chongqing Changan Automobile Co., Ltd's net losses attributable to shareholders in the first three quarters of 2019 was estimated to reach between RMB2.4 billion ($336 million) and RMB 2.8 billion ($396 million).

Oct. 16 , 2019
CATL projected to gain 30% to 50% growth in Jan.-Sept. net profit
CATL projected to gain 30% to 50% growth in Jan.-Sept. net profit

Chinese EV battery provider Contemporary Amperex Technology Limited (CATL) expected its net profit for the first three quarters to reach between RMB3.092 billion and RMB3.568 billion, jumping 30% to 50% year on year.

Oct. 15 , 2019