Market & Industry
GAC NE partners with two state-owned electric utility monopolies for EV charging services
GAC NE partners with two state-owned electric utility monopolies for EV charging services

GAC NE, the NEV arm of GAC Group, said on July 30 that it has become China’s first automaker that simultaneously agreed cooperation with two state-owned electric utility monopolies on plug-and-play charging service and preferential charging policy.

Aug. 4 , 2020
Xpeng P7’s first-month deliveries amount to 1,641 units after scale delivery starts
Xpeng P7’s first-month deliveries amount to 1,641 units after scale delivery starts

Chinese startup Xpeng Motors announced that the deliveries of its second mass-produced model, the Xpeng P7, amounted to 1,641 units in July.

Aug. 4 , 2020
FAW-Toyota logs 40% year-on-year hike in July sales
FAW-Toyota logs 40% year-on-year hike in July sales

FAW-Toyota announced that its sales in July soared 40% from a year earlier to 79,050 units, which made its year-to-date sales amounted to roughly 430,000 units, a slight increase of 0.8% compared to the year-ago period.

Aug. 4 , 2020
Hongqi’s July sales nearly doubled from year-ago level
Hongqi’s July sales nearly doubled from year-ago level

FAW Group’s Hongqi reported a July sales volume exceeding 17,500 units, which surged 99% over the previous year. For the first seven months, the premium auto brand saw its sales skyrocket 108% year on year to 875,000 units.

Aug. 3 , 2020
China’s Vehicle Inventory Alert Index in July almost remains flat over a year ago
China’s Vehicle Inventory Alert Index in July almost remains flat over a year ago

China's Vehicle Inventory Alert Index (VIA) stood at 62.7% in July, which climbed 5.9 and 0.5 percentage points compared to the previous month and the previous year respectively, according to the China Automobile Dealers Association (CADA).

Aug. 3 , 2020
Summary: 2020 H1 sales target completion rates of major Chinese automakers
Summary: 2020 H1 sales target completion rates of major Chinese automakers

Gasgoo hereby compiled the first-half 2020 sales results and annual sales goals announced by ten mainstream Chinese automobile groups.

Jul. 31 , 2020