Market & Industry
FAW-VW’s Foshan plant to produce MEB platform-based BEVs from 2020
FAW-VW’s Foshan plant to produce MEB platform-based BEVs from 2020

FAW-Volkswagen (FAW-VW) is scheduled to mass produce several new EV models based on Volkswagen’s MEB (modular electric drive matrix) platform at its Foshan plant from 2020, according to an environmental impact assessment report from local authority.

Sep. 24 , 2019
Chery’s cost of automated parking solution fewer than RMB10,000 per car
Chery’s cost of automated parking solution fewer than RMB10,000 per car

Wu Xuebin, former vice president of Baoneng’s auto business unit, introduced Chery’s autonomous driving achievements under the LION intelligent strategy on September 21, for the first time as Chery LION’s general manager.

Sep. 24 , 2019
China’s auto import in July almost halved, parallel import takes severe hit
China’s auto import in July almost halved, parallel import takes severe hit

China’s imported car market is stagnant while its domestic automotive industry goes cool.

Sep. 23 , 2019
Premium car brands keep growing amongst overall PV downturn in China
Premium car brands keep growing amongst overall PV downturn in China

Amid the prolonged downturn for China’s PV market, premium car brands still displayed a rising momentum. Among eight auto brands hereby compiled by Gasgoo, only Lexus posted a rare decrease in August sales.

Sep. 20 , 2019
China’s auto market to feel little effect from GM’s strike
China’s auto market to feel little effect from GM’s strike

In response to the UAW's strike against GM, Jia Xinguang, said that the walkout happens in the automaker’s headquarters and will have little negative impact on the production or the management of GM’s companies in China.

Sep. 20 , 2019
Toyota, DiDi's mobility service joint venture founded on Sept. 10
Toyota, DiDi's mobility service joint venture founded on Sept. 10

A joint venture between Japanese automaker Toyota and Chinese ride-hailing giant DiDi Chuxing (DiDi) was founded on September 10 after two companies agreed cooperation in late July this year.

Sep. 19 , 2019